Insider Buying: RIT Capital Partners (LON:RCP) Insider Purchases 1,045 Shares of Stock

RIT Capital Partners (LON:RCP) insider Vikas Karlekar purchased 1,045 shares of the firm’s stock in a transaction on Wednesday, May 7th. The stock was bought at an average price of GBX 1,903 ($25.32) per share, for a total transaction of £19,886.35 ($26,455.17).

RIT Capital Partners Price Performance

RCP stock opened at GBX 1,918 ($25.52) on Friday. The company has a market cap of £2.77 billion, a PE ratio of 16.58 and a beta of 0.40. RIT Capital Partners has a 12-month low of GBX 1,672.20 ($22.25) and a 12-month high of GBX 2,030 ($27.01). The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 7.81. The stock has a 50-day moving average price of GBX 1,869.28 and a two-hundred day moving average price of GBX 1,912.32.

RIT Capital Partners (LON:RCP) last issued its earnings results on Monday, March 3rd. The company reported GBX (6.40) (($0.09)) EPS for the quarter. RIT Capital Partners had a net margin of 162.20% and a return on equity of 4.70%.

RIT Capital Partners Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 25th. Shareholders of record on Thursday, April 3rd were given a GBX 21.50 ($0.29) dividend. This is an increase from RIT Capital Partners’s previous dividend of $19.50. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a yield of 1.14%. RIT Capital Partners’s dividend payout ratio (DPR) is 33.71%.

About RIT Capital Partners

RIT Capital Partners plc is a self-managed investment trust. The firm invests in the public equity and currency markets across the globe. It also invests in private investments and equity funds. The firm benchmarks the performance of its portfolio against the RPI plus 3% and MSCI All Country World Index (50% Sterling).