Key Points
- HgCapital Trust insider Helena Coles bought shares twice, purchasing 145 shares for £495.90 on May 14 and another 24 shares on May 15 at GBX 342 each.
- The stock rose 1.7% and opened at GBX 350, trading near the lower end of its 1-year range of GBX 336 to GBX 530.
- Analysts remain cautious, with Jefferies reiterating an “underperform” rating and MarketBeat showing a consensus rating of “Sell.”
HgCapital Trust plc (LON:HGT - Get Free Report) insider Helena Coles purchased 145 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of GBX 342 per share, for a total transaction of £495.90.
Helena Coles also recently made the following trade(s):
- On Friday, May 15th, Helena Coles purchased 24 shares of HgCapital Trust stock. The shares were acquired at an average price of GBX 342 per share, for a total transaction of GBX 8,208.
HgCapital Trust Trading Up 1.7%
Shares of HGT stock opened at GBX 350 on Friday. HgCapital Trust plc has a 1-year low of GBX 336 and a 1-year high of GBX 530. The company has a market capitalization of £1.59 billion, a price-to-earnings ratio of 16.29 and a beta of 0.23. The stock's fifty day simple moving average is GBX 382.45 and its 200-day simple moving average is GBX 443.10.
HgCapital Trust (LON:HGT - Get Free Report) last issued its quarterly earnings results on Monday, March 9th. The investment trust reported GBX 3.13 earnings per share for the quarter. HgCapital Trust had a return on equity of 3.90% and a net margin of 88.67%.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reiterated an "underperform" rating on shares of HgCapital Trust in a report on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, HgCapital Trust has a consensus rating of "Sell".
Get Our Latest Report on HgCapital Trust
About HgCapital Trust
(
Get Free Report)
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.
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