RIT Capital Partners (LON:RCP) Insider Purchases £19,886.35 in Stock

RIT Capital Partners (LON:RCP) insider Vikas Karlekar bought 1,045 shares of the firm’s stock in a transaction on Wednesday, May 7th. The shares were purchased 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

Shares of LON RCP opened at GBX 1,918 ($25.52) on Friday. RIT Capital Partners has a 52 week low of GBX 1,672.20 ($22.25) and a 52 week high of GBX 2,030 ($27.01). The stock has a market cap of £2.77 billion, a price-to-earnings ratio of 16.58 and a beta of 0.40. 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 company’s 50-day moving average price is GBX 1,869.28 and its 200 day moving average price is GBX 1,912.32.

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

RIT Capital Partners Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 25th. Investors of record on Thursday, April 3rd were paid a dividend of GBX 21.50 ($0.29) per share. 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 dividend yield of 1.14%. RIT Capital Partners’s dividend payout ratio is presently 33.71%.

RIT Capital Partners Company Profile

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).