Tesco PLC (LON:TSCO) Insider Ken Murphy Purchases 49 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy bought 49 shares of Tesco stock in a transaction on Friday, April 12th. The shares were acquired 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 bought 48 shares of Tesco stock. The shares were acquired 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 bought 49 shares of Tesco stock. The shares were acquired at an average cost of GBX 277 ($3.45) per share, with a total value of £135.73 ($168.97).
• On Friday, January 19th, Ken Murphy purchased 47 shares of Tesco stock. The stock was purchased at an average price of GBX 298 ($3.71) per share, with a total value of £140.06 ($174.36).

Tesco Price Performance

Shares of LON:TSCO opened at GBX 282.20 ($3.51) on Thursday. The company has a debt-to-equity ratio of 129.69, a quick ratio of 0.60 and a current ratio of 0.74. The firm has a fifty day moving average price of GBX 285.15 and a 200 day moving average price of GBX 284.50. 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 has a market cap of £19.87 billion, a price-to-earnings ratio of 1,411.00, a P/E/G ratio of 3.35 and a beta of 0.52.

Tesco Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 16th will be given 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 dividend yield of 2.87%. Tesco’s dividend payout ratio is currently 5,500.00%.

Analyst Ratings Changes

TSCO has been the subject of a number of recent analyst reports. Shore Capital reiterated a “buy” rating on shares of Tesco in a research report 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 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.