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

Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy bought 49 shares of the business's stock in a transaction dated Friday, April 12th. The stock was acquired at an average cost 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, with a total value of £138.24 ($172.09).
• On Friday, February 16th, Ken Murphy purchased 49 shares of Tesco stock. The stock was bought at an average price of GBX 277 ($3.45) per share, with a total value of £135.73 ($168.97).
• On Friday, January 19th, Ken Murphy acquired 47 shares of Tesco stock. The shares were purchased at an average price of GBX 298 ($3.71) per share, for a total transaction of £140.06 ($174.36).

Tesco Stock Performance

TSCO stock traded up GBX 3.40 ($0.04) during trading on Monday, hitting GBX 286.30 ($3.56). 12,022,408 shares of the company's stock traded hands, compared to its average volume of 18,900,203. The stock has a fifty day moving average price of GBX 285.35 and a two-hundred day moving average price of GBX 284.25. 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 PLC has a 52 week low of GBX 244.20 ($3.04) and a 52 week high of GBX 306.10 ($3.81). The stock has a market capitalization of £20.16 billion, a price-to-earnings ratio of 1,431.50, a price-to-earnings-growth ratio of 3.35 and a beta of 0.52.

Tesco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 16th will be paid a dividend of GBX 8.25 ($0.10) per share. This is a positive change from Tesco's previous dividend of $3.85. The ex-dividend date is Thursday, May 16th. This represents a yield of 2.87%. Tesco's dividend payout ratio is 5,500.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Shore Capital reaffirmed a "buy" rating on shares of Tesco in a research note on Wednesday, April 10th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 350 ($4.36) price target on shares of Tesco in a research note on Thursday.

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.