Schroders (LON:SDR) Reaches New 12-Month Low – Should You Sell?

Schroders plc (LON:SDR) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 289.98 ($3.74) and last traded at GBX 291.80 ($3.76), with a volume of 40876141 shares traded. The stock had previously closed at GBX 312 ($4.02).

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SDR shares. Deutsche Bank Aktiengesellschaft upped their target price on Schroders from GBX 375 ($4.83) to GBX 400 ($5.16) and gave the company a “hold” rating in a research report on Friday, March 7th. Royal Bank of Canada upped their price target on shares of Schroders from GBX 395 ($5.09) to GBX 475 ($6.12) and gave the company an “outperform” rating in a report on Thursday, March 20th.

Schroders Trading Down 5.9 %

The firm’s 50-day simple moving average is GBX 370.81 and its 200 day simple moving average is GBX 344.29. The stock has a market cap of £4.56 billion, a P/E ratio of 12.82, a PEG ratio of 1.28 and a beta of 1.17. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95.

Schroders (LON:SDR) last posted its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.34) earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, equities research analysts anticipate that Schroders plc will post 33.7347131 earnings per share for the current year.

Schroders Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 24th. Stockholders of record on Thursday, March 20th were paid a GBX 35.55 ($0.46) dividend. The ex-dividend date was Thursday, March 20th. This represents a dividend yield of 4.5%. This is a boost from Schroders’s previous dividend of $10.00. Schroders’s payout ratio is currently 96.08%.

Insider Buying and Selling

In related news, insider Richard Oldfield acquired 80 shares of the business’s stock in a transaction on Friday, January 10th. The shares were purchased at an average price of GBX 313 ($4.03) per share, for a total transaction of £250.40 ($322.76). 43.09% of the stock is currently owned by insiders.

About Schroders

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.