Richard J. Brooman Purchases 4,500 Shares of HgCapital Trust plc (LON:HGT) Stock

HgCapital Trust plc (LON:HGT - Get Free Report) insider Richard J. Brooman acquired 4,500 shares of the firm's stock in a transaction dated Monday, April 7th. The shares were purchased at an average cost of GBX 427 ($5.59) per share, for a total transaction of £19,215 ($25,140.65).

HgCapital Trust Stock Performance

Shares of HGT stock traded down GBX 1.50 ($0.02) during mid-day trading on Friday, reaching GBX 472.50 ($6.18). The company's stock had a trading volume of 433,853 shares, compared to its average volume of 754,599. The firm's 50-day moving average is GBX 506.37 and its two-hundred day moving average is GBX 515.41. The company has a market cap of £2.19 billion, a P/E ratio of 7.81 and a beta of 0.44. HgCapital Trust plc has a 1-year low of GBX 420 ($5.50) and a 1-year high of GBX 550 ($7.20).

HgCapital Trust (LON:HGT - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) 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 announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, March 20th will be issued a GBX 3.50 ($0.05) dividend. This is a positive change from HgCapital Trust's previous dividend of $2.00. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 0.7%. HgCapital Trust's dividend payout ratio is presently 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.