F&C Investment Trust (LON:FCIT) Issues Earnings Results

F&C Investment Trust (LON:FCIT) issued its quarterly earnings data on Tuesday. The company reported GBX 17.01 ($0.22) EPS for the quarter, Digital Look Earnings reports. F&C Investment Trust had a return on equity of 18.50% and a net margin of 95.33%.

F&C Investment Trust Stock Up 0.2 %

Shares of FCIT traded up GBX 2.58 ($0.03) during trading hours on Thursday, reaching GBX 1,106.58 ($14.40). 620,950 shares of the stock traded hands, compared to its average volume of 631,015. F&C Investment Trust has a 52 week low of GBX 957.88 ($12.46) and a 52 week high of GBX 1,202.67 ($15.65). The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The stock has a fifty day simple moving average of GBX 1,156.12 and a 200 day simple moving average of GBX 1,103.92. The company has a market cap of £5.35 billion, a price-to-earnings ratio of 5.73 and a beta of 0.62.

F&C Investment Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Thursday, April 10th will be paid a GBX 4.80 ($0.06) dividend. This is a positive change from F&C Investment Trust’s previous dividend of $3.60. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 0.44%. F&C Investment Trust’s dividend payout ratio is presently 7.77%.

Insiders Place Their Bets

In other news, insider Beatrice Hollond acquired 87 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The shares were acquired at an average price of GBX 1,136 ($14.78) per share, for a total transaction of £988.32 ($1,285.70). Insiders have bought a total of 103 shares of company stock valued at $117,336 in the last 90 days. 0.76% of the stock is currently owned by corporate insiders.

F&C Investment Trust Company Profile

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.