HgCapital Trust plc (LON:HGT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 512.97 ($6.97) and traded as low as GBX 486.66 ($6.61). HgCapital Trust shares last traded at GBX 498.50 ($6.77), with a volume of 1,054,587 shares traded.
HgCapital Trust Stock Performance
The company has a market cap of £2.32 billion, a PE ratio of 8.25 and a beta of 0.44. The firm's 50 day moving average is GBX 497.37 and its 200-day moving average is GBX 512.97.
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) EPS 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 company also recently disclosed a dividend, which was paid on Monday, May 19th. Investors of record on Thursday, March 20th were issued a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a dividend yield of 0.7%. This is a positive change from HgCapital Trust's previous dividend of $2.00. HgCapital Trust's dividend payout ratio is currently 11.57%.
Insider Transactions at HgCapital Trust
In related news, insider Helena Coles acquired 3,033 shares of HgCapital Trust stock in a transaction that occurred on Thursday, March 20th. The shares were purchased at an average cost of GBX 494 ($6.71) per share, for a total transaction of £14,983.02 ($20,346.31). Also, insider Richard J. Brooman purchased 4,500 shares of HgCapital Trust stock in a transaction dated Monday, April 7th. The stock was bought at an average cost of GBX 427 ($5.80) per share, for a total transaction of £19,215 ($26,093.16). Insiders bought 11,947 shares of company stock worth $5,588,340 in the last 90 days. Insiders own 8.44% of the company's stock.
HgCapital Trust Company Profile
(
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.
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