F&C Investment Trust (LON:FCIT - Get Free Report) announced its earnings results on Tuesday. The company reported GBX 17.01 ($0.22) EPS for the quarter, Digital Look Earnings reports. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.
F&C Investment Trust Stock Down 0.5 %
FCIT traded down GBX 6 ($0.08) during trading hours on Friday, hitting GBX 1,096 ($14.15). 637,032 shares of the company's stock were exchanged, compared to its average volume of 628,494. F&C Investment Trust has a 1-year low of GBX 957.88 ($12.37) and a 1-year high of GBX 1,202.67 ($15.53). The stock's 50-day moving average is GBX 1,154.76 and its two-hundred day moving average is GBX 1,104.38. The stock has a market cap of £5.30 billion, a price-to-earnings ratio of 5.68 and a beta of 0.62. The company has a quick ratio of 3.92, a current ratio of 2.81 and a debt-to-equity ratio of 10.50.
F&C Investment Trust Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 7th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 4.80 ($0.06) per share. This is a boost from F&C Investment Trust's previous dividend of $3.60. The ex-dividend date is Thursday, April 10th. This represents a yield of 0.44%. F&C Investment Trust's dividend payout ratio is presently 7.77%.
Insider Buying and Selling
In other news, insider Beatrice Hollond purchased 87 shares of the company's stock in a transaction on Thursday, January 9th. The shares were purchased at an average cost of GBX 1,136 ($14.67) per share, with a total value of £988.32 ($1,276.07). Over the last 90 days, insiders acquired 103 shares of company stock worth $117,336. 0.76% of the stock is owned by insiders.
F&C Investment Trust Company Profile
(
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Launched in 1868, the Trust is the world's oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.
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