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

F&C Investment Trust (LON:FCITGet Free Report) posted its earnings results on Tuesday. The company reported GBX 17.01 ($0.22) earnings per share (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 Price Performance

Shares of FCIT stock traded up GBX 5.47 ($0.07) on Thursday, reaching GBX 1,109.47 ($14.43). The company’s stock had a trading volume of 646,829 shares, compared to its average volume of 631,477. The company has a market capitalization of £5.36 billion, a P/E ratio of 5.75 and a beta of 0.62. The company has a quick ratio of 3.92, a current ratio of 2.81 and a debt-to-equity ratio of 10.50. F&C Investment Trust has a 12-month low of GBX 957.88 ($12.46) and a 12-month high of GBX 1,202.67 ($15.65). The stock’s 50 day simple moving average is GBX 1,156.12 and its 200-day simple moving average is GBX 1,103.92.

F&C Investment Trust Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 7th. Investors of record on Thursday, April 10th will be given a GBX 4.80 ($0.06) dividend. This represents a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, April 10th. This is an increase from F&C Investment Trust’s previous dividend of $3.60. F&C Investment Trust’s dividend payout ratio (DPR) is 7.77%.

Insider Activity at F&C Investment Trust

In other news, insider Beatrice Hollond bought 87 shares of F&C Investment Trust 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, with a total value of £988.32 ($1,285.70). Insiders have bought a total of 103 shares of company stock valued at $117,336 over the last 90 days. 0.76% of the stock is owned by insiders.

About F&C Investment Trust

(Get Free Report)

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.

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