Schroders
SDR: 2,918.00 -18.00 (▼0.61%)
| Bid Price | 2,917.00 | High Price | 2,946.00 |
|---|---|---|---|
| Ask Price | 2,919.00 | Low Price | 2,909.00 |
| Open Price | 2,928.00 | Spread | 0.07% |
| Prev Close | 2,936.00 | Volume | 120,882.00 |
Schroders Share Price Chart
Intraday
Historic – 1 year
Schroders Share Price Information
| Name | Schroders | Epic | SDR |
|---|---|---|---|
| Sector | Financial Services | ISIN | GB0002405495 |
| Activites | Schroders is a global asset management company with £112.1 billion under management as at 30 June 2005. Its clients include corporations, insurance companies, local and public authorities, charities, pension funds, high net worth individuals and retail investors. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 2,918.00 | Net Gearing (%) | 67.88 |
|---|---|---|---|
| Market Cap (£m) | 6,606.64 | Gross Gearing (%) | 84.56 |
| Shares in issue (m) | 226.02 | Debt Ratio | 80.20 |
| P/E Ratio | 17.08 | Debt-to-Equity Ratio | 0.74 |
| Divs per share (p) | 87.00 | Assets / Equity Ratio | 6.47 |
| Dividend Yield (%) | 2.98 | Price to book value | 2.36 |
| Dividend Cover | 2.43 | SROCE (%) | 4.17 |
| Earning per share (p) | 171.10 | EPS Growth (%) | 12.05 |
| 52-week high / low (p) | 3,081.50 / 1,960.00 | DPS Growth (%) | 11.54 |
Schroders Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 21 Nov | Exane BNP Paribas | Neutral | 2,918.00 | 2850.00 | 2850.00 | Retains |
| 10 Nov | Barclays Capital | Equal weight | 2,918.00 | 3030.00 | 3100.00 | Reiterates |
| 04 Nov | Numis | Buy | 2,918.00 | 3685.00 | 3756.00 | Reiterates |
| 03 Nov | Numis | Buy | 2,918.00 | 3685.00 | 3685.00 | Reiterates |
| 03 Nov | Cantor Fitzgerald | Hold | 2,918.00 | 2575.00 | 2760.00 | Retains |
Schroders Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 26 Sep 2016 | Peter Harrison | In Lieu of Fees/Salary | 1311 @ 2739.00p | £35,908.29 |
| 26 Sep 2016 | Massimo Tosato | In Lieu of Fees/Salary | 1985 @ 2739.00p | £54,369.15 |
| 26 Sep 2016 | Michael Dobson | In Lieu of Fees/Salary | 3850 @ 2739.00p | £105,451.50 |
| 26 Sep 2016 | Philip Mallinckrodt | In Lieu of Fees/Salary | 3914 @ 2049.00p | £80,197.86 |
| 26 Sep 2016 | Richard Keers | In Lieu of Fees/Salary | 801 @ 2739.00p | £21,939.39 |
| 14 Sep 2016 | Massimo Tosato | Buy | 9 @ 2663.00p | £239.67 |
| 14 Sep 2016 | Richard Keers | Buy | 10 @ 2663.00p | £266.30 |
| 14 Sep 2016 | Peter Harrison | Buy | 10 @ 2663.00p | £266.30 |
| 11 Aug 2016 | Massimo Tosato | Sale Post-Exercise | 58873 @ 2703.00p | £1,591,337.19 |
| 11 Aug 2016 | Massimo Tosato | Exercise | 58873 @ 0.00p | £0.00 |
| 11 Aug 2016 | Massimo Tosato | Buy | 10 @ 2702.00p | £270.20 |
| 11 Aug 2016 | Richard Keers | Buy | 8 @ 2702.00p | £216.16 |
| 11 Aug 2016 | Peter Harrison | Buy | 7 @ 2702.00p | £189.14 |
| 13 Jul 2016 | Massimo Tosato | Buy | 10 @ 2444.00p | £244.40 |
| 13 Jul 2016 | Richard Keers | Buy | 10 @ 2444.00p | £244.40 |
| 13 Jul 2016 | Peter Harrison | Buy | 10 @ 2444.00p | £244.40 |
Schroders Company News
BAE Systems CEO joins Schroders board
BAE Systems chief executive Ian King has joined the Schroders board and nominations committee with effect from 1 January.
Schroders chairman Michael Dobson said: “We are delighted to welcome Ian to the Board. Ian brings considerable experience in leadership positions in major multi-national companies which will be of great value to us as we continue to grow our business internationally.”
At 2:18pm: (LON:SDR) Schroders PLC share price was +47.5p at 2847.5p
Story provided by StockMarketWire.com
Broker Forecast – Barclays Capital issues a broker note on Schroders PLC
Barclays Capital today reaffirms its equal weight investment rating on Schroders PLC (LON:SDR) and raised its price target to 3100p (from 3030p).
Story provided by StockMarketWire.com
Broker Forecast – Numis issues a broker note on Schroders PLC
Numis today reaffirms its buy investment rating on Schroders PLC (LON:SDR) and raised its price target to 3756p (from 3685p).
Story provided by StockMarketWire.com
Broker Forecast – Cantor Fitzgerald issues a broker note on Schroders PLC
Cantor Fitzgerald today reaffirms its hold investment rating on Schroders PLC (LON:SDR) and raised its price target to 2760p (from 2575p).
Story provided by StockMarketWire.com
Schroders’s H1 pretax profit slips
Schroders’ H1 pretax profit has slipped to £436.2m, from £438.9m, prior to exceptional items it was £455.3m, up from £453.2m.
“We continued to deliver solid results in the first nine months of the year, with profit before tax of £436.2 million,” said CEO Peter Harrison.
“Our diversified business model generated £2.7 billion of net new business and assets under management increased to £375.0 billion.
“We have made progress against our strategic objectives, particularly in North America.”
Asset Management net operating revenue for the first nine months was £1,071.3m (2015: £1,032.0m), including performance fees of £13.3m (2015: £12.7m). Profit before tax and exceptional items was £399.1m (2015: £400.4m) and profit before tax was £386.8m (2015: £391.3m).
Net inflows for the nine months were £3.2bn, comprising net inflows of £5.4bn in Institutional and net outflows of £2.2bn in Intermediary. Assets under management at 30 September were £339.4bn (30 September 2015: £263.9bn).
Wealth Management net operating revenue for the first nine months was £162.6m (2015: £157.6m). Profit before tax and exceptional items was £49.5m (2015: £46.5m) and profit before tax was £42.7m (2015: £47.7m). There were net outflows of £0.5bn over the nine months and assets under management at 30 September were £35.6bn (30 September 2015: £30.9bn).
The Group segment comprises central costs and returns on investment capital. Profit before tax in the first nine months was £6.7m (2015: loss before tax of £0.1m).
Shareholders’ equity at 30 September 2016 was £2.9bn (30 September 2015: £2.6bn).
At 9:02am: (LON:SDR) Schroders PLC share price was +37p at 2823p
Story provided by StockMarketWire.com
