Tesco PLC (TSCO.L) (LON:TSCO) Insider Alan Stewart Buys 60 Shares of Stock

Tesco PLC (TSCO.L) (LON:TSCO) insider Alan Stewart acquired 60 shares of the business’s stock in a transaction that occurred on Friday, February 19th. The stock was acquired at an average price of GBX 229 ($2.99) per share, for a total transaction of £137.40 ($179.51).

Alan Stewart also recently made the following trade(s):

  • On Friday, January 22nd, Alan Stewart acquired 57 shares of Tesco PLC (TSCO.L) stock. The stock was acquired at an average price of GBX 241 ($3.15) per share, for a total transaction of £137.37 ($179.47).

TSCO opened at GBX 223.10 ($2.91) on Tuesday. The firm’s fifty day moving average is GBX 241.80 and its two-hundred day moving average is GBX 226.77. The company has a debt-to-equity ratio of 135.89, a quick ratio of 0.50 and a current ratio of 0.92. The firm has a market cap of £21.85 billion and a PE ratio of 15.60. Tesco PLC has a twelve month low of GBX 222.72 ($2.91) and a twelve month high of GBX 329.33 ($4.30).

The company also recently announced a dividend, which will be paid on Friday, February 26th. Shareholders of record on Monday, February 15th will be issued a GBX 50.93 ($0.67) dividend. The ex-dividend date of this dividend is Monday, February 15th. This is a positive change from Tesco PLC (TSCO.L)’s previous dividend of $3.20. Tesco PLC (TSCO.L)’s dividend payout ratio (DPR) is 0.64%.

Several equities analysts recently weighed in on the stock. Shore Capital restated a “buy” rating on shares of Tesco PLC (TSCO.L) in a report on Thursday, January 21st. Barclays restated an “overweight” rating and issued a GBX 290 ($3.79) price objective on shares of Tesco PLC (TSCO.L) in a report on Wednesday, January 20th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Tesco PLC (TSCO.L) presently has a consensus rating of “Buy” and a consensus price target of GBX 281.57 ($3.68).

About Tesco PLC (TSCO.L)

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company operates through convenience and hypermarket store formats, as well as engages in the wholesale business. It also provides retail banking and insurance services. The company operates in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand.

Further Reading: Economic Reports

Insider Buying and Selling by Quarter for Tesco PLC (TSCO.L) (LON:TSCO)

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