HgCapital Trust’s (HGT) Underperform Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their underperform rating on shares of HgCapital Trust (LON:HGT) in a research report released on Friday morning,Digital Look reports.

HgCapital Trust Trading Down 0.7%

Shares of HGT stock opened at GBX 368 on Friday. The company’s fifty day simple moving average is GBX 389.15 and its 200-day simple moving average is GBX 448.53. HgCapital Trust has a 52 week low of GBX 345 and a 52 week high of GBX 530. The company has a market cap of £1.67 billion, a PE ratio of 17.12 and a beta of 0.44.

HgCapital Trust (LON:HGT) last issued its earnings results on Monday, March 9th. The investment trust reported GBX 3.13 EPS for the quarter. HgCapital Trust had a net margin of 88.67% and a return on equity of 3.90%.

HgCapital Trust Company Profile

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.