HgCapital Trust plc (LON:HGT - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 517.86 ($6.68) and traded as low as GBX 499.39 ($6.44). HgCapital Trust shares last traded at GBX 506 ($6.52), with a volume of 643,211 shares traded.
HgCapital Trust Price Performance
The business's fifty day simple moving average is GBX 512.89 and its 200 day simple moving average is GBX 517.19. The stock has a market cap of £2.10 billion, a price-to-earnings ratio of 7.47 and a beta of 0.44.
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 business also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, March 20th will be issued a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from HgCapital Trust's previous dividend of $2.00. This represents a dividend yield of 0.7%. HgCapital Trust's dividend payout ratio is 11.57%.
Insider Transactions at HgCapital Trust
In other news, insider Jim Strang purchased 4,064 shares of the company's stock in a transaction on Monday, March 24th. The shares were bought at an average price of GBX 492 ($6.34) per share, for a total transaction of £19,994.88 ($25,783.21). Also, insider Helena Coles acquired 3,033 shares of HgCapital Trust stock in a transaction dated Thursday, March 20th. The shares were acquired at an average price of GBX 494 ($6.37) per share, with a total value of £14,983.02 ($19,320.46). 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.
Featured Stories
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
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
