HgCapital Trust plc (LON:HGT - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 519.13 ($6.73) and traded as high as GBX 522 ($6.77). HgCapital Trust shares last traded at GBX 504 ($6.54), with a volume of 575,705 shares.
HgCapital Trust Trading Down 2.5 %
The business has a 50-day moving average price of GBX 518.21 and a 200 day moving average price of GBX 518.54. The stock has a market capitalization of £2.25 billion, a P/E ratio of 8.03 and a beta of 0.44.
HgCapital Trust (LON:HGT - Get Free Report) last released 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. Investors of record on Thursday, March 20th will be issued a GBX 3.50 ($0.05) dividend. This is an increase 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%.
Insiders Place Their Bets
In other news, insider Helena Coles acquired 3,033 shares of the business's stock in a transaction on Thursday, March 20th. The shares were acquired at an average price of GBX 494 ($6.41) per share, for a total transaction of £14,983.02 ($19,428.19). 8.44% of the stock is currently owned by insiders.
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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