Balanced Commercial Property Trust Limited (BCPT)

Sector:

Property Investment Trusts

Index:

FTSE 250

82.10p
   
  • Change Today:
    -1.90p
  • 52 Week High: 91.90
  • 52 Week Low: 61.00
  • Currency: UK Pounds
  • Shares Issued: 701.55m
  • Volume: 1,055,503
  • Market Cap: £575.97m
  • RiskGrade: 186

Foreign investment boosts F&C ComProp's first half earnings

By Iain Gilbert

Date: Wednesday 30 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Investment firm F&C Commercial Property Trust announced on Wednesday that despite challenges present in the immediate wake of the Brexit referendum in June 2016, it managed to deliver positive total returns.
F & C said in its half yearly results that it saw capital values return to pre-referendum levels by 30 June as the market, specifically in London, was bolstered by strong interest from international buyers and purchases from local authorities.

In addition to the increase in capital that created a 5.1% ungeared total return from its property portfolio, rental growth within the firm was flat or slightly positive across most of the market segments.

The trust reported a net asset value (NAV) of 139.4p, a 3.9p increase on its 31 December figure of 135.5p as its total assets grew to £1.4bn.

Management noted the property market had benefited from even modest levels of economic growth and the recent low-interest rates set by the Bank of England.

Annualised dividend yields were down to 4.1% from what it posted at the same time last year, although earnings per share for the half were up an impressive 110% higher to 6.9p.

As of 0840 BST shares in the trust were ahead just 0.17% on the day at 149.26p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BCPT Market Data

Currency UK Pounds
Share Price 82.10p
Change Today -1.90p
% Change -2.26 %
52 Week High 91.90
52 Week Low 61.00
Volume 1,055,503
Shares Issued 701.55m
Market Cap £575.97m
RiskGrade 186

BCPT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.39% above the market average39.39% above the market average39.39% above the market average39.39% above the market average39.39% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Price Trend
40.46% above the market average40.46% above the market average40.46% above the market average40.46% above the market average40.46% above the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Income
45.96% above the market average45.96% above the market average45.96% above the market average45.96% above the market average45.96% above the market average
12.00% above the sector average12.00% above the sector average12.00% above the sector average12.00% above the sector average12.00% above the sector average
Growth
41.99% below the market average41.99% below the market average41.99% below the market average41.99% below the market average41.99% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BCPT Dividends

  Latest Previous
  11th Interim 10th Interim
Ex-Div 14-Mar-24 15-Feb-24
Paid 28-Mar-24 29-Feb-24
Amount 0.44p 0.44p

Trades for 28-Mar-2024

Time Volume / Share Price
14:31 1 @ 82.40p
14:31 100 @ 82.40p
14:31 1 @ 82.40p
14:31 3 @ 82.40p
14:26 2 @ 82.40p

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