Insider Buying: HgCapital Trust plc (LON:HGT) Insider Buys £1,690.50 in Stock

by · The Markets Daily

HgCapital Trust plc (LON:HGT – Get Free Report) insider Helena Coles bought 350 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was acquired at an average price of GBX 483 ($6.42) per share, for a total transaction of £1,690.50 ($2,247.71).

Helena Coles also recently made the following trade(s):

  • On Thursday, March 20th, Helena Coles acquired 3,033 shares of HgCapital Trust stock. The stock was bought at an average price of GBX 494 ($6.57) per share, with a total value of £14,983.02 ($19,921.58).

HgCapital Trust Stock Performance

Shares of HGT stock opened at GBX 504 ($6.70) on Friday. The stock has a market cap of £2.34 billion, a PE ratio of 8.33 and a beta of 0.44. The business’s fifty day moving average is GBX 503.66 and its 200-day moving average is GBX 514.90. HgCapital Trust plc has a 1 year low of GBX 420 ($5.58) and a 1 year high of GBX 550 ($7.31).

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) earnings per share (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 business also recently disclosed a dividend, which will be paid on Monday, May 19th. Investors of record on Thursday, March 20th will be given a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date of this dividend is Thursday, March 20th. This is an increase from HgCapital Trust’s previous dividend of $2.00. This represents a yield of 0.7%. HgCapital Trust’s payout ratio is presently 11.57%.

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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