J Sainsbury plc (LON:SBRY) insider John Rogers acquired 56 shares of the stock in a transaction dated Thursday, May 16th. The stock was acquired at an average cost of GBX 205 ($2.68) per share, with a total value of £114.80 ($150.01).
John Rogers also recently made the following trade(s):
- On Thursday, April 18th, John Rogers acquired 51 shares of J Sainsbury stock. The stock was acquired at an average cost of GBX 228 ($2.98) per share, with a total value of £116.28 ($151.94).
- On Thursday, March 21st, John Rogers acquired 49 shares of J Sainsbury stock. The stock was acquired at an average cost of GBX 235 ($3.07) per share, with a total value of £115.15 ($150.46).
- On Thursday, February 21st, John Rogers acquired 49 shares of J Sainsbury stock. The stock was acquired at an average cost of GBX 234 ($3.06) per share, with a total value of £114.66 ($149.82).
J Sainsbury stock traded down GBX 2.60 ($0.03) during trading on Friday, reaching GBX 201.20 ($2.63). The stock had a trading volume of 8,502,213 shares, compared to its average volume of 9,310,000. J Sainsbury plc has a 52-week low of GBX 208.10 ($2.72) and a 52-week high of GBX 341.80 ($4.47). The company has a quick ratio of 0.12, a current ratio of 0.67 and a debt-to-equity ratio of 21.48. The company has a market capitalization of $4.44 billion and a P/E ratio of 22.61.
The company also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 6th will be paid a GBX 7.90 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a yield of 3.55%. This is an increase from J Sainsbury’s previous dividend of $3.10. J Sainsbury’s payout ratio is currently 1.12%.
A number of research analysts recently issued reports on the stock. Deutsche Bank reiterated a “hold” rating on shares of J Sainsbury in a research note on Thursday, May 2nd. Goldman Sachs Group decreased their price target on shares of J Sainsbury from GBX 241 ($3.15) to GBX 225 ($2.94) and set a “sell” rating for the company in a research note on Wednesday, April 17th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of J Sainsbury in a research note on Thursday, January 24th. HSBC decreased their price target on shares of J Sainsbury from GBX 230 ($3.01) to GBX 210 ($2.74) and set a “reduce” rating for the company in a research note on Thursday, February 21st. Finally, Shore Capital reiterated a “sell” rating on shares of J Sainsbury in a research note on Monday, April 29th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 244.10 ($3.19).
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About J Sainsbury
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail Food; Retail General Merchandise and Clothing; Financial Services; and Property Investment.
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