HgCapital Trust plc (LON:HGT - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 514.43 ($6.92) and traded as low as GBX 498 ($6.70). HgCapital Trust shares last traded at GBX 498 ($6.70), with a volume of 380,522 shares.
HgCapital Trust Stock Performance
The stock has a market cap of £2.32 billion, a price-to-earnings ratio of 8.28 and a beta of 0.44. The business's 50 day moving average is GBX 498.25 and its 200 day moving average is GBX 514.25.
HgCapital Trust (LON:HGT - Get Free Report) last issued its 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 firm also recently announced a dividend, which was paid on Monday, May 19th. Shareholders of record on Thursday, March 20th were issued a GBX 3.50 ($0.05) dividend. The ex-dividend date was Thursday, March 20th. This represents a yield of 0.7%. This is a positive change from HgCapital Trust's previous dividend of $2.00. HgCapital Trust's dividend payout ratio (DPR) is 11.57%.
Insiders Place Their Bets
In related news, insider Helena Coles bought 3,033 shares of the company's stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of GBX 494 ($6.65) per share, with a total value of £14,983.02 ($20,160.15). Also, insider Richard J. Brooman acquired 4,500 shares of the business's stock in a transaction that occurred on Monday, April 7th. The stock was acquired at an average price of GBX 427 ($5.75) per share, for a total transaction of £19,215 ($25,854.41). Insiders have purchased 11,947 shares of company stock worth $5,588,340 in the last ninety days. Insiders own 8.44% of the company's stock.
HgCapital Trust Company Profile
(
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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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