HgCapital Trust plc (LON:HGT) Insider Helena Coles Acquires 350 Shares

HgCapital Trust plc (LON:HGT) insider Helena Coles acquired 350 shares of HgCapital Trust stock in a transaction on Tuesday, April 15th. The shares were bought at an average cost of GBX 483 ($6.39) per share, for a total transaction of £1,690.50 ($2,237.59).

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

• On Thursday, March 20th, Helena Coles bought 3,033 shares of HgCapital Trust stock. The stock was bought at an average price of GBX 494 ($6.54) per share, with a total value of £14,983.02 ($19,831.93).

HgCapital Trust Stock Down 0.1 %

HGT stock opened at GBX 487.50 ($6.45) on Thursday. The firm’s fifty day simple moving average is GBX 504.30 and its two-hundred day simple moving average is GBX 515.02. The stock has a market capitalization of £2.26 billion, a price-to-earnings ratio of 8.06 and a beta of 0.44. HgCapital Trust plc has a twelve month low of GBX 420 ($5.56) and a twelve month high of GBX 550 ($7.28).

HgCapital Trust (LON:HGT) last announced its quarterly earnings data on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) earnings per share (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 announced 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 represents a dividend yield of 0.7%. This is an increase 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 (DPR) is 11.57%.

About HgCapital Trust

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.