Schroders plc (LON:SDR) Insider Peter Harrison Purchases 72 Shares

Schroders plc (LON:SDR) insider Peter Harrison acquired 72 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was acquired at an average cost of GBX 338 ($4.42) per share, for a total transaction of £243.36 ($318.24).

Schroders Stock Up 0.1 %

Shares of LON SDR opened at GBX 333.20 ($4.36) on Friday. The company has a quick ratio of 4.32, a current ratio of 4.89 and a debt-to-equity ratio of 12.71. The firm has a market cap of £5.36 billion, a PE ratio of 1,388.33, a P/E/G ratio of 1.21 and a beta of 1.17. The company’s fifty day simple moving average is GBX 358.16 and its 200 day simple moving average is GBX 370.27. Schroders plc has a 12-month low of GBX 327 ($4.28) and a 12-month high of GBX 447.60 ($5.85).

Schroders Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, August 22nd will be given a dividend of GBX 6.50 ($0.09) per share. The ex-dividend date is Thursday, August 22nd. This represents a dividend yield of 1.65%. Schroders’s dividend payout ratio (DPR) is presently 9,166.67%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Schroders in a report on Tuesday, September 3rd.

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.