HgCapital Trust plc (LON:HGT) Insider Purchases £19,994.88 in Stock

HgCapital Trust plc (LON:HGT - Get Free Report) insider Jim Strang bought 4,064 shares of the firm's stock in a transaction on Monday, March 24th. The stock was purchased at an average price of GBX 492 ($6.37) per share, with a total value of £19,994.88 ($25,886.69).

HgCapital Trust Trading Down 1.2 %

LON:HGT traded down GBX 6 ($0.08) during trading hours on Friday, hitting GBX 502 ($6.50). 277,175 shares of the stock traded hands, compared to its average volume of 567,918. The firm has a 50 day moving average price of GBX 516.43 and a 200 day moving average price of GBX 517.91. The firm has a market cap of £2.33 billion, a price-to-earnings ratio of 8.30 and a beta of 0.44. HgCapital Trust plc has a fifty-two week low of GBX 465 ($6.02) and a fifty-two week high of GBX 550 ($7.12).

HgCapital Trust (LON:HGT - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) earnings per share for the quarter. HgCapital Trust had a return on equity of 11.93% and a net margin of 91.03%.

HgCapital Trust Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, March 20th will be given a GBX 3.50 ($0.05) dividend. This represents a dividend yield of 0.7%. 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. HgCapital Trust's dividend payout ratio is 11.57%.

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HgCapital Trust Company Profile

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.