HgCapital Trust (LON:HGT) Releases Quarterly Earnings Results

HgCapital Trust (LON:HGT) issued its quarterly earnings data on Monday. The investment trust reported GBX 3.13 earnings per share (EPS) for the quarter, Digital Look Earnings reports. HgCapital Trust had a return on equity of 3.15% and a net margin of 91.61%.

HgCapital Trust Trading Up 0.1%

Shares of HGT stock opened at GBX 400 on Wednesday. HgCapital Trust has a twelve month low of GBX 365.50 and a twelve month high of GBX 530. The stock has a market cap of £1.83 billion, a P/E ratio of 23.38 and a beta of 0.42. The stock has a 50 day moving average of GBX 459.46 and a 200 day moving average of GBX 479.14.

Insiders Place Their Bets

In other news, insider Graham Paterson bought 4,300 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of GBX 425 per share, with a total value of £18,275. Also, insider Pilar Junco purchased 10,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average cost of GBX 419 per share, for a total transaction of £41,900. In the last quarter, insiders have bought 49,341 shares of company stock worth $20,954,941. Corporate insiders own 0.20% of the company’s stock.

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.