HgCapital Trust (LON:HGT) Releases Earnings Results

Key Points

• HgCapital Trust reported a quarterly earnings per share (EPS) of GBX 2.04, with a net margin of 91.03% and a return on equity of 11.93%.
• The company has a market capitalization of £2.27 billion and its stock (LON:HGT) is currently trading at around GBX 497.
• HgCapital Trust focuses on investing in approximately 50 private companies, primarily in software and business services, with the top 20 companies generating aggregate sales of £10.6 billion and an EBITDA margin of 31%.

HgCapital Trust (LON:HGT - Get Free Report) issued its quarterly earnings data on Monday. The investment trust reported GBX 2.04 earnings per share for the quarter, Digital Look Earnings reports. HgCapital Trust had a net margin of 91.03% and a return on equity of 11.93%.

HgCapital Trust Stock Performance

Shares of HGT stock traded down GBX 15.50 during midday trading on Friday, reaching GBX 466.50. 3,211,714 shares of the company were exchanged, compared to its average volume of 658,990. HgCapital Trust has a 12 month low of GBX 420 and a 12 month high of GBX 550. The company has a market cap of £2.14 billion, a P/E ratio of 904.42 and a beta of 0.44. The company's 50 day moving average price is GBX 505.40 and its two-hundred day moving average price is GBX 502.27.

About HgCapital Trust

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.