Insider Buying: HgCapital Trust plc (LON:HGT) Insider Buys 3,033 Shares of Stock

HgCapital Trust plc (LON:HGT) insider Helena Coles bought 3,033 shares of the stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of GBX 494 ($6.38) per share, with a total value of £14,983.02 ($19,345.41).

HgCapital Trust Price Performance

Shares of HGT stock opened at GBX 485.50 ($6.27) on Friday. The firm has a market cap of £2.25 billion, a PE ratio of 8.03 and a beta of 0.44. The company has a 50-day moving average of GBX 517.62 and a two-hundred day moving average of GBX 518.23. HgCapital Trust plc has a 1-year low of GBX 459 ($5.93) and a 1-year high of GBX 550 ($7.10).

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 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 disclosed a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, March 20th will be paid a GBX 3.50 ($0.05) dividend. This is a positive change from HgCapital Trust’s previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 0.7%. HgCapital Trust’s dividend payout ratio (DPR) is presently 11.57%.

HgCapital Trust Company Profile

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.