HgCapital Trust plc (LON:HGT - Get Free Report) insider Helena Coles acquired 3,033 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average price of GBX 494 ($6.41) per share, with a total value of £14,983.02 ($19,428.19).
HgCapital Trust Stock Performance
Shares of LON HGT opened at GBX 498 ($6.46) on Friday. HgCapital Trust plc has a 52-week low of GBX 447.50 ($5.80) and a 52-week high of GBX 550 ($7.13). The firm has a 50 day moving average price of GBX 518.21 and a two-hundred day moving average price of GBX 518.54. The stock has a market cap of £2.31 billion, a P/E ratio of 8.23 and a beta of 0.44.
HgCapital Trust (LON:HGT - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) earnings per share (EPS) for the quarter. HgCapital Trust had a net margin of 91.03% and a return on equity of 11.93%.
HgCapital Trust Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, March 20th will be given a GBX 3.50 ($0.05) dividend. This is a boost from HgCapital Trust's previous dividend of $2.00. This represents a yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 20th. HgCapital Trust's dividend payout ratio is 11.57%.
HgCapital Trust Company Profile
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HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of c.50 private companies sourced by Hg. Value is created through implementing an investment strategy focused on software and business service companies with resilient, recurring revenue streams and from leveraging the network and expertise of Hg to support management teams to deliver the full potential of their respective businesses.
With highly predictable and stable cash flows, the top 20 businesses (representing 76% by value of HGT's investments) reported aggregate sales of £10.6 billion and EBITDA of £3.3 billion over the last 12 months, equating to an EBITDA margin of 31%.
Hg brings to HgT an experienced team of c.400 employees, including c.
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