Tesco PLC (LON:TSCO) Insider Bertrand Bodson Acquires 734 Shares

Tesco PLC (LON:TSCO) insider Bertrand Bodson bought 734 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was acquired at an average price of GBX 355 ($4.46) per share, for a total transaction of £2,605.70 ($3,275.55).

Tesco Price Performance

TSCO opened at GBX 350.40 ($4.40) on Wednesday. The stock has a fifty day moving average price of GBX 355.18 and a 200 day moving average price of GBX 334.54. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.42. Tesco PLC has a 1 year low of GBX 272.30 ($3.42) and a 1 year high of GBX 373.90 ($4.70). The stock has a market cap of £23.86 billion, a price-to-earnings ratio of 1,297.78, a PEG ratio of 1.43 and a beta of 0.51.

Tesco Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, October 10th were issued a dividend of GBX 4.25 ($0.05) per share. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 1.2%. Tesco’s dividend payout ratio is 4,814.81%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research report on Tuesday, September 3rd.

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.