Schroders (LON:SDR) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Schroders plc (LON:SDR)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 344.47 ($4.51) and traded as high as GBX 352.40 ($4.62). Schroders shares last traded at GBX 348.80 ($4.57), with a volume of 2,296,373 shares changing hands.

Analyst Upgrades and Downgrades

SDR has been the subject of a number of analyst reports. Royal Bank of Canada increased their price target on Schroders from GBX 395 ($5.18) to GBX 475 ($6.22) and gave the company an “outperform” rating in a research report on Thursday, March 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Schroders from GBX 375 ($4.91) to GBX 400 ($5.24) and gave the company a “hold” rating in a research report on Friday, March 7th.

Schroders Trading Down 3.7 %

The firm has a market cap of £5.13 billion, a P/E ratio of 14.45, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The firm’s 50-day simple moving average is GBX 371.25 and its 200 day simple moving average is GBX 344.37. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

Schroders (LON:SDR) last released its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.35) EPS for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, analysts expect 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. Investors of record on Thursday, March 20th were paid a dividend of GBX 35.55 ($0.47) per share. This is a positive change from Schroders’s previous dividend of $10.00. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 4.5%. Schroders’s dividend payout ratio (DPR) is currently 96.08%.

Insiders Place Their Bets

In related news, insider Richard Oldfield bought 80 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The stock was bought at an average cost of GBX 313 ($4.10) per share, for a total transaction of £250.40 ($328.09). Corporate insiders own 43.09% of the company’s stock.

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.