Schroders (SDR)

Sector:

Financials

Index:

FTSE 100

369.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 485.70
  • 52 Week Low: 361.40
  • Currency: UK Pounds
  • Shares Issued: 282.50m
  • Volume: 1,556,762
  • Market Cap: £1,042.43m
  • RiskGrade: 108

Schroders confirms talks with Greencoat Capital on buying 'significant' stake

By Frank Prenesti

Date: Thursday 16 Dec 2021

LONDON (ShareCast) - (Sharecast News) - UK fund manager Schroders on Thursday confirmed it was in talks with renewable energy investor Greencoat Capital about taking a "significant" stake in the company.
"There is no certainty these talks will lead to any final agreement," Schroders said in a statement, adding that it

continues to "evaluate potential acquisition opportunities in line with its strategy to build a comprehensive private assets platform and enhance its leadership position in sustainability".

Sky news reported Schroders was set to splash out £360m to buy a 75% stake in Greencoat, which runs funds including London-listed Greencoat UK Wind and Greencoat Renewables. It also manages funds specialising in solar assets and bioenergy and heat.

The company was put up for sale earlier this year when it hired Fenchurch Advisory Partners to sound out prospective buyers.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Schroders Market Data

Currency UK Pounds
Share Price 369.00p
Change Today 1.00p
% Change 0.27 %
52 Week High 485.70
52 Week Low 361.40
Volume 1,556,762
Shares Issued 282.50m
Market Cap £1,042.43m
RiskGrade 108

Schroders Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.02% above the market average98.02% above the market average98.02% above the market average98.02% above the market average98.02% above the market average
88.79% above the sector average88.79% above the sector average88.79% above the sector average88.79% above the sector average88.79% above the sector average
Price Trend
45.33% below the market average45.33% below the market average45.33% below the market average45.33% below the market average45.33% below the market average
41.38% below the sector average41.38% below the sector average41.38% below the sector average41.38% below the sector average41.38% below the sector average
Income
76.69% above the market average76.69% above the market average76.69% above the market average76.69% above the market average76.69% above the market average
34.33% above the sector average34.33% above the sector average34.33% above the sector average34.33% above the sector average34.33% above the sector average
Growth
92.77% below the market average92.77% below the market average92.77% below the market average92.77% below the market average92.77% below the market average
87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 7
Sell 4
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Schroders Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 17-Aug-23
Paid 02-May-24 21-Sep-23
Amount 15.00p 6.50p

Trades for 18-Apr-2024

Time Volume / Share Price
16:35 732,665 @ 369.00p
16:35 76 @ 369.00p
16:35 5,756 @ 369.00p
16:35 1,365 @ 369.00p
16:35 18,945 @ 369.00p

Schroders Key Personnel

CFO Richard Oldfield

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