Audrey Baxter Acquires 2,000 Shares of CT Private Equity Trust PLC (LON:CTPE) Stock

CT Private Equity Trust PLC (LON:CTPE) insider Audrey Baxter bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 8th. The stock was bought at an average price of GBX 452 ($5.92) per share, with a total value of £9,040 ($11,832.46).

CT Private Equity Trust Stock Up 3.6 %

CTPE opened at GBX 462 ($6.05) on Friday. CT Private Equity Trust PLC has a 52 week low of GBX 396 ($5.18) and a 52 week high of GBX 531.42 ($6.96). The business has a fifty day simple moving average of GBX 473.50 and a 200-day simple moving average of GBX 465.91. The firm has a market cap of £331.21 million, a P/E ratio of 61.48 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE) last posted its earnings results on Friday, March 28th. The company reported GBX 2.30 ($0.03) earnings per share (EPS) for the quarter. CT Private Equity Trust had a return on equity of 1.10% and a net margin of 59.97%.

CT Private Equity Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be paid a GBX 7.01 ($0.09) dividend. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, April 10th. CT Private Equity Trust’s payout ratio is 372.61%.

CT Private Equity Trust Company Profile

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.