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

HgCapital Trust plc (LON:HGT) insider Helena Coles acquired 350 shares of HgCapital Trust stock in a transaction that occurred on Tuesday, April 15th. The stock was bought at an average price of GBX 483 ($6.39) per share, with a total value of £1,690.50 ($2,237.29).

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 cost of GBX 494 ($6.54) per share, with a total value of £14,983.02 ($19,829.30).

HgCapital Trust Trading Down 0.3 %

Shares of LON:HGT traded down GBX 1.50 ($0.02) during trading on Wednesday, hitting GBX 486.50 ($6.44). 562,834 shares of the stock were exchanged, compared to its average volume of 749,089. HgCapital Trust plc has a 12-month low of GBX 420 ($5.56) and a 12-month high of GBX 550 ($7.28). The company has a market cap of £2.26 billion, a PE ratio of 8.04 and a beta of 0.44. The company has a fifty day moving average price of GBX 504.89 and a two-hundred day moving average price of GBX 515.14.

HgCapital Trust (LON:HGT) last announced 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 net margin of 91.03% and a return on equity of 11.93%.

HgCapital Trust Increases Dividend

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