HgCapital Trust plc (LON:HGT) Insider Buys £14,983.02 in Stock

HgCapital Trust plc (LON:HGT) insider Helena Coles bought 3,033 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average cost of GBX 494 ($6.43) per share, for a total transaction of £14,983.02 ($19,491.38).

HgCapital Trust Stock Performance

Shares of LON HGT traded up GBX 3 ($0.04) during mid-day trading on Thursday, hitting GBX 498 ($6.48). The stock had a trading volume of 672,676 shares, compared to its average volume of 564,884. The company has a 50 day moving average of GBX 518.47 and a two-hundred day moving average of GBX 518.80. HgCapital Trust plc has a twelve month low of GBX 447.50 ($5.82) and a twelve month high of GBX 550 ($7.15). The firm has a market cap of £2.31 billion, a PE ratio of 8.23 and a beta of 0.44.

HgCapital Trust (LON:HGT) 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 net margin of 91.03% and a return on equity of 11.93%.

HgCapital Trust Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, March 20th will be issued a GBX 3.50 ($0.05) dividend. This represents a yield of 0.7%. This is a positive change from HgCapital Trust’s previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, March 20th. HgCapital Trust’s dividend payout ratio is presently 11.57%.

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.