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

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

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

• On Friday, March 15th, Ken Murphy purchased 48 shares of Tesco stock. The stock was purchased at an average cost of GBX 288 ($3.59) per share, with a total value of £138.24 ($172.09).
• On Friday, February 16th, Ken Murphy acquired 49 shares of Tesco stock. The shares were 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 282.20 ($3.51) on Thursday. The stock has a market cap of £19.87 billion, a PE ratio of 1,411.00, a PEG ratio of 3.35 and a beta of 0.52. The company’s fifty day moving average is GBX 285.15 and its 200 day moving average is GBX 284.50. Tesco PLC has a 52 week low of GBX 244.20 ($3.04) and a 52 week high of GBX 306.10 ($3.81). The company has a quick ratio of 0.60, a current ratio of 0.74 and a debt-to-equity ratio of 129.69.

Tesco Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TSCO shares. Shore Capital restated a “buy” rating on shares of Tesco in a research report on Wednesday, April 10th. Jefferies Financial Group restated a “buy” rating and set a GBX 350 ($4.36) price objective on shares of Tesco in a research report on Thursday, April 11th.

About Tesco

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.