HGCapital Trust (HGT)

Sector:

Investment Firms

Index:

FTSE 250

512.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 514.00
  • 52 Week Low: 357.50
  • Currency: UK Pounds
  • Shares Issued: 457.73m
  • Volume: 219,618
  • Market Cap: £2,343.57m
  • RiskGrade: 124

HgCapital reports robust first-quarter performance

By Josh White

Date: Thursday 09 May 2024

LONDON (ShareCast) - (Sharecast News) - HgCapital Trust reported a robust first-quarter portfolio performance on Thursday, resulting in a total return net asset value (NAV) increase of 3% to reach a NAV per share of £5.11, totaling £2.3n in net assets.
The London-listed firm said its top 20 investments, representing 78% of the portfolio by value, were showing strong long-term performances, with a 24% increase in sales and a 29% increase in EBITDA over the last 12 months.

It reported a solid balance sheet, with available liquid resources of £657m, equivalent to 28% of NAV, including an untapped bank facility of £375m.

Additionally, HgCapital said it had commitments to Hg funds totaling £826m, equivalent to 35% of NAV, to be deployed over the next three to four years.

Looking ahead, HgCapital said it anticipated further liquidity events within the next six to 12 months, and was continuing to evaluate an appealing pipeline of investment opportunities.

At 1231 BST, shares in HgCapital Trust were up 0.05% at 493.75p.

Reporting by Josh White for Sharecast.com.

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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.

 

HGCapital Trust Market Data

Currency UK Pounds
Share Price 512.00p
Change Today 1.00p
% Change 0.20 %
52 Week High 514.00
52 Week Low 357.50
Volume 219,618
Shares Issued 457.73m
Market Cap £2,343.57m
RiskGrade 124

HGCapital Trust Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.4% below the market average66.4% below the market average66.4% below the market average66.4% below the market average66.4% below the market average
88.59% below the sector average88.59% below the sector average88.59% below the sector average88.59% below the sector average88.59% below the sector average
Price Trend
81.03% above the market average81.03% above the market average81.03% above the market average81.03% above the market average81.03% above the market average
95.09% above the sector average95.09% above the sector average95.09% above the sector average95.09% above the sector average95.09% above the sector average
Income
99.75% below the market average99.75% below the market average99.75% below the market average99.75% below the market average99.75% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
7.51% below the market average7.51% below the market average7.51% below the market average7.51% below the market average7.51% below the market average
7.27% below the sector average7.27% below the sector average7.27% below the sector average7.27% below the sector average7.27% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 3
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HGCapital Trust Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 28-Sep-23
Paid 21-May-24 27-Oct-23
Amount 4.50p 2.00p

Trades for 15-Jul-2024

Time Volume / Share Price
15:10 400 @ 511.70p
15:09 1,914 @ 511.99p
15:07 7 @ 513.00p
15:02 5 @ 513.00p
15:02 1 @ 512.00p

HGCapital Trust Key Personnel

Chair Jim Strang

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