Helena Coles Purchases 350 Shares of HgCapital Trust plc (LON:HGT) Stock

HgCapital Trust plc (LON:HGT) insider Helena Coles bought 350 shares of HgCapital Trust stock in a transaction that occurred on Tuesday, April 15th. The stock was purchased at an average price of GBX 483 ($6.41) per share, for a total transaction of £1,690.50 ($2,242.93).

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

• On Thursday, March 20th, Helena Coles acquired 3,033 shares of HgCapital Trust stock. The stock was purchased at an average price of GBX 494 ($6.55) per share, for a total transaction of £14,983.02 ($19,879.29).

HgCapital Trust Stock Performance

Shares of LON:HGT opened at GBX 504 ($6.69) on Friday. The stock has a 50-day simple moving average of GBX 504 and a 200-day simple moving average of GBX 514.98. The stock has a market capitalization of £2.34 billion, a P/E ratio of 8.33 and a beta of 0.44. HgCapital Trust plc has a 1 year low of GBX 420 ($5.57) and a 1 year high of GBX 550 ($7.30).

HgCapital Trust (LON:HGT) last released its quarterly earnings data 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 declared a dividend, which will be paid on Monday, May 19th. Investors of record on Thursday, March 20th will be issued a GBX 3.50 ($0.05) dividend. This is an increase 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 is currently 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.