Insider Buying: HgCapital Trust plc (LON:HGT) Insider Buys £14,983.02 in Stock

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

HgCapital Trust Stock Down 2.5 %

Shares of LON HGT opened at GBX 485.50 ($6.27) on Friday. The firm has a 50-day simple moving average of GBX 517.62 and a 200-day simple moving average of GBX 518.23. The stock has a market capitalization of £2.25 billion, a price-to-earnings ratio of 8.03 and a beta of 0.44. HgCapital Trust plc has a 52 week low of GBX 459 ($5.93) and a 52 week high of GBX 550 ($7.10).

HgCapital Trust (LON:HGT) last issued its earnings results on Monday, March 10th. The investment trust reported GBX 4.77 ($0.06) 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 company also recently disclosed a dividend, which will be paid on Monday, May 19th. Investors of record on Thursday, March 20th will be given a dividend of GBX 3.50 ($0.05) per share. This is a boost from HgCapital Trust’s previous dividend of $2.00. This represents a yield of 0.7%. The ex-dividend date is Thursday, March 20th. HgCapital Trust’s dividend payout ratio (DPR) 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.