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

F&C Investment Trust (LON:FCIT) released its quarterly 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 net margin of 95.33% and a return on equity of 18.50%.

F&C Investment Trust Stock Up 0.7 %

Shares of LON:FCIT opened at GBX 1,109.41 ($14.41) on Tuesday. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81. F&C Investment Trust has a 52-week low of GBX 957.88 ($12.44) and a 52-week high of GBX 1,202.67 ($15.62). The business’s 50 day simple moving average is GBX 1,157.12 and its two-hundred day simple moving average is GBX 1,102.89. The firm has a market cap of £5.36 billion, a P/E ratio of 5.75 and a beta of 0.62.

F&C Investment Trust Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 2nd were given a GBX 3.60 ($0.05) dividend. This represents a yield of 0.34%. The ex-dividend date was Thursday, January 2nd. F&C Investment Trust’s payout ratio is 7.77%.

Insider Activity

In related news, insider Beatrice Hollond acquired 87 shares of the firm’s stock in a transaction on Thursday, January 9th. The stock was purchased at an average cost of GBX 1,136 ($14.76) per share, with a total value of £988.32 ($1,283.70). Insiders bought a total of 103 shares of company stock worth $117,336 over the last quarter. 0.76% of the stock is currently owned by corporate insiders.

About F&C Investment Trust

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.