Tesco PLC (LON:TSCO) Insider Acquires £138.18 in Stock

Tesco PLC (LON:TSCO) insider Ken Murphy bought 49 shares of the business’s stock in a transaction on Friday, April 12th. The stock was bought at an average price of GBX 282 ($3.51) per share, for a total transaction of £138.18 ($172.02).

Ken Murphy also recently made the following trade(s):

• On Friday, March 15th, Ken Murphy bought 48 shares of Tesco stock. The stock was bought at an average price of GBX 288 ($3.59) per share, for a total transaction of £138.24 ($172.09).
• On Friday, February 16th, Ken Murphy bought 49 shares of Tesco stock. The stock was bought at an average price of GBX 277 ($3.45) per share, for a total transaction of £135.73 ($168.97).
• On Friday, January 19th, Ken Murphy acquired 47 shares of Tesco stock. The shares were bought at an average price of GBX 298 ($3.71) per share, for a total transaction of £140.06 ($174.36).

Tesco Price Performance

Shares of LON TSCO opened at GBX 286.30 ($3.56) on Tuesday. Tesco PLC has a fifty-two week low of GBX 244.20 ($3.04) and a fifty-two week high of GBX 306.10 ($3.81). The firm’s 50-day simple moving average is GBX 285.28 and its 200 day simple moving average is GBX 284.40. The company has a quick ratio of 0.60, a current ratio of 0.74 and a debt-to-equity ratio of 129.69. The stock has a market cap of £20.16 billion, a P/E ratio of 1,431.50, a P/E/G ratio of 3.35 and a beta of 0.52.

Tesco Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 16th will be given a GBX 8.25 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, May 16th. This is a boost from Tesco’s previous dividend of $3.85. This represents a yield of 2.87%. Tesco’s payout ratio is 5,500.00%.

Analyst Ratings Changes

TSCO has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 350 ($4.36) price objective on shares of Tesco in a research note on Thursday, April 11th. Shore Capital restated a “buy” rating on shares of Tesco in a research note on Wednesday, April 10th.

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.