HgCapital Trust plc (LON:HGT - Get Free Report) shares reached a new 52-week low during trading on Friday . The company traded as low as GBX 459.62 ($5.87) and last traded at GBX 462 ($5.90), with a volume of 2093849 shares changing hands. The stock had previously closed at GBX 478.50 ($6.11).
HgCapital Trust Price Performance
The firm has a 50 day moving average of GBX 510.22 and a two-hundred day moving average of GBX 516.39. The stock has a market cap of £2.18 billion, a PE ratio of 7.76 and a beta of 0.44.
HgCapital Trust (LON:HGT - Get Free Report) last issued its 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 company also recently declared a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, March 20th will be given a dividend of GBX 3.50 ($0.04) per share. 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 yield of 0.7%. HgCapital Trust's payout ratio is 11.57%.
Insider Transactions at HgCapital Trust
In related news, insider Richard J. Brooman acquired 4,500 shares of HgCapital Trust stock in a transaction on Monday, April 7th. The stock was purchased at an average cost of GBX 427 ($5.46) per share, with a total value of £19,215 ($24,552.77). Also, insider Jim Strang bought 4,064 shares of the stock in a transaction on Monday, March 24th. The stock was bought at an average price of GBX 492 ($6.29) per share, for a total transaction of £19,994.88 ($25,549.30). Over the last ninety days, insiders have acquired 11,597 shares of company stock worth $5,419,290. Insiders own 8.44% of the company's stock.
About HgCapital Trust
(
Get Free Report)
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.
Read More
Before you consider HgCapital Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HgCapital Trust wasn't on the list.
While HgCapital Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
