HgCapital Trust plc (LON:HGT - Get Free Report) insider Richard J. Brooman purchased 4,500 shares of the firm's stock in a transaction that occurred on Monday, April 7th. The stock was bought at an average price of GBX 427 ($5.46) per share, for a total transaction of £19,215 ($24,552.77).
HgCapital Trust Stock Up 6.1 %
Shares of HgCapital Trust stock opened at GBX 481 ($6.15) on Wednesday. HgCapital Trust plc has a 12-month low of GBX 420 ($5.37) and a 12-month high of GBX 550 ($7.03). The company has a market capitalization of £2.23 billion, a price-to-earnings ratio of 7.95 and a beta of 0.44. The firm's 50-day moving average price is GBX 510.22 and its two-hundred day moving average price is GBX 516.39.
HgCapital Trust (LON:HGT - Get Free Report) last posted 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. Stockholders of record on Thursday, March 20th will be paid a GBX 3.50 ($0.04) dividend. This is a positive change from HgCapital Trust's previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 0.7%. HgCapital Trust's dividend payout ratio (DPR) is presently 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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