J Sainsbury plc (LON:SBRY) Insider Simon Roberts Sells 189,648 Shares

J Sainsbury plc (LON:SBRY - Get Free Report) insider Simon Roberts sold 189,648 shares of the stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of GBX 263 ($3.30), for a total transaction of £498,774.24 ($626,522.10).

J Sainsbury Stock Up 0.5 %

Shares of J Sainsbury stock traded up GBX 1.20 ($0.02) on Friday, hitting GBX 265.40 ($3.33). The company had a trading volume of 5,201,427 shares, compared to its average volume of 5,431,554. J Sainsbury plc has a twelve month low of GBX 243.80 ($3.06) and a twelve month high of GBX 311.16 ($3.91). The company has a debt-to-equity ratio of 96.62, a current ratio of 0.66 and a quick ratio of 0.53. The stock has a 50-day moving average of GBX 258.92 and a 200-day moving average of GBX 270.50. The firm has a market capitalization of £6.29 billion, a P/E ratio of 4,423.33, a P/E/G ratio of 0.37 and a beta of 0.66.

J Sainsbury Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 6th will be given a GBX 9.20 ($0.12) dividend. This represents a dividend yield of 3.43%. The ex-dividend date is Thursday, June 6th. This is a positive change from J Sainsbury's previous dividend of $3.90. J Sainsbury's payout ratio is currently 21,666.67%.

Wall Street Analyst Weigh In

Several brokerages have commented on SBRY. Jefferies Financial Group upgraded shares of J Sainsbury to a "buy" rating and set a GBX 300 ($3.77) target price for the company in a research report on Monday, April 22nd. Shore Capital restated a "house stock" rating on shares of J Sainsbury in a research report on Friday, April 19th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, J Sainsbury currently has a consensus rating of "Hold" and a consensus price target of GBX 281.67 ($3.54).

J Sainsbury Company Profile

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.