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

F&C Investment Trust (LON:FCIT) issued its earnings results 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 0.7 %

Shares of LON FCIT opened at GBX 1,099.48 ($14.29) on Wednesday. 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 company has a market cap of £5.31 billion, a price-to-earnings ratio of 5.70 and a beta of 0.62. F&C Investment Trust has a 12 month low of GBX 957.88 ($12.45) and a 12 month high of GBX 1,202.67 ($15.64). The stock has a 50-day moving average price of GBX 1,156.60 and a two-hundred day moving average price of GBX 1,103.42.

F&C Investment Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 4.80 ($0.06) per share. This is an increase 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 yield of 0.44%. F&C Investment Trust’s payout ratio is presently 7.77%.

Insiders Place Their Bets

In other news, insider Beatrice Hollond acquired 87 shares of the stock in a transaction dated Thursday, January 9th. The stock was bought at an average price of GBX 1,136 ($14.77) per share, with a total value of £988.32 ($1,284.87). Over the last 90 days, insiders acquired 103 shares of company stock valued at $117,336. 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.