Helena Coles Purchases 145 Shares of HgCapital Trust (LON:HGT) Stock

HgCapital Trust plc (LON:HGT) insider Helena Coles bought 145 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of GBX 342 per share, with a total value of £495.90.

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

• On Friday, May 15th, Helena Coles bought 24 shares of HgCapital Trust stock. The shares were bought at an average price of GBX 342 per share, with a total value of GBX 8,208.

HgCapital Trust Stock Up 1.7%

Shares of LON HGT traded up GBX 6 during mid-day trading on Friday, reaching GBX 350. 6,408,914 shares of the company were exchanged, compared to its average volume of 3,459,826. The company’s 50-day simple moving average is GBX 383.67 and its 200-day simple moving average is GBX 443.75. The stock has a market capitalization of £1.59 billion, a P/E ratio of 16.29 and a beta of 0.23. HgCapital Trust plc has a twelve month low of GBX 336 and a twelve month high of GBX 530.

HgCapital Trust (LON:HGT) last posted its earnings results on Monday, March 9th. The investment trust reported GBX 3.13 earnings per share (EPS) for the quarter. HgCapital Trust had a net margin of 88.67% and a return on equity of 3.90%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated an “underperform” rating on shares of HgCapital Trust in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

About HgCapital Trust

HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of +58 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.
Hg brings to HgT an experienced team of c.430 employees, including >250 investment and other professional executives, supported by a network of portfolio partners, all of them seasoned senior managers from across industry, who work with the management teams of the companies in which we are invested to create value for shareholders.
At the centre of this network, Hg builds and shares knowledge and expertise by facilitating the active collaboration of management teams across sector clusters and geographies.
HgT’s funds are invested pro rata alongside those of Hg’s other institutional clients.