City of London (CTY) Share Price, News & Analysis

Company Overview

The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies. It employs fundamental analysis with a focus on factors such as strong balance sheets, good cash flows, and significant upside potential to create its portfolio. The fund benchmarks the performance of its portfolio against the AIC UK Growth & Income sector's size weighted average. It was formerly known as TR City of London Trust PLC. The City of London Investment Trust plc was formed in 1860 and is domiciled in the United Kingdom.

Key Stats

• Today's Range: 424 to 426
• 50-Day Range: 420.50 to 443
• 52-Week Range: 380 to 454
• Volume: 517,219 shs
• Average Volume: 787,115 shs
• Market Capitalization: £2.10 billion
• P/E Ratio: 1,696.00
• Dividend Yield: 4.95%
• Price Target: N/A
• Consensus Rating: N/A

CTY Stock Analysis - Frequently Asked Questions

How have CTY shares performed this year?

City of London's stock was trading at GBX 409.50 at the start of the year. Since then, CTY shares have increased by 4.0% and is now trading at GBX 426.
View the best growth stocks for 2024 here.

How do I buy shares of City of London?

Shares of CTY stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of City of London own?

Based on aggregate information from My MarketBeat watchlists, some other companies that City of London investors own include BP (BP), Lloyds Banking Group (LLOY), Unilever (ULVR), M&G (MNG), Aviva (AV), Barclays (BARC) and Direct Line Insurance Group (DLG).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 7/25/2024
• Dividend Payable: 8/30/2024
• Ex-Dividend for 11/29 Dividend: 10/24/2024
• Today: 11/04/2024
• Dividend Payable: 11/29/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Personal Services
• Current Symbol: LON:CTY
• CUSIP: N/A
• CIK: N/A
• Web: www.henderson.com
• Phone: +44-20-78181818
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.25
• Trailing P/E Ratio: 1,692.00
• Forward P/E Ratio: 0.08
• P/E Growth: N/A
• Net Income: £127.17 million
• Net Margins: 90.48%
• Pretax Margin: N/A
• Return on Equity: 6.52%
• Return on Assets: 4.00%

Debt

• Debt-to-Equity Ratio: 5.73
• Current Ratio: 3.34
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: £140.56 million
• Price / Sales: 14.88
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 402 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 494,340,000
• Free Float: N/A
• Market Cap: £2.09 billion
• Optionable: Not Optionable
• Beta: 0.66