Helena Coles Buys 3,033 Shares of HgCapital Trust plc (LON:HGT) Stock

HgCapital Trust plc (LON:HGT) insider Helena Coles bought 3,033 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was acquired at an average cost of GBX 494 ($6.38) per share, for a total transaction of £14,983.02 ($19,345.41).

HgCapital Trust Stock Performance

HGT stock opened at GBX 485.50 ($6.27) on Friday. The firm has a market cap of £2.25 billion, a PE ratio of 8.03 and a beta of 0.44. The firm’s 50 day moving average price is GBX 517.62 and its 200-day moving average price is GBX 518.22. HgCapital Trust plc has a one year low of GBX 459 ($5.93) and a one year high of GBX 550 ($7.10).

HgCapital Trust (LON:HGT) last posted its earnings results on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) earnings per share 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 company also recently disclosed a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 3.50 ($0.05) per share. This is a boost from HgCapital Trust’s previous dividend of $2.00. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 20th. HgCapital Trust’s payout ratio is 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.