Highcroft Investment (HCFT)

Sector:

Property Investment Trusts

Index:

FTSE Fledgling

 945.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 947.50
  • 52 Week Low: 875.00
  • Currency: UK Pounds
  • Shares Issued: 5.17m
  • Volume: 192
  • Market Cap: £48.83m
  • RiskGrade: 33

Highcroft Investments improves net asset value in 2016

By Josh White

Date: Friday 24 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Highcroft Investments posted its preliminary results for the year to 31 December on Friday, confirming a final property income distribution up 6.1% to 26.0p per share.
The London-listed firm said its total property income distribution was up 5.7% to 41.0p per share, while net asset value per share improved 4.4% to 1071p.

Gross property income increased by 13.7% to £3.91m.

Total earnings per share were down 40% to 84p, while medium term debt widened somewhat to £14.9m from £11.5m.

Property acquisitions totalled £9.33m during the period, net of costs, and disposal proceeds were £3.01m.

Its investment property valuation was up 13.9% to £66m and cash and liquid equity investments at year-end totalled £5.84m, down from £8.01m a year earlier.

"We are very pleased with the results for the year and remain optimistic that we start 2017 from a position of strength which will help us to secure further attractive acquisitions," said chairman John Hewitt.

"We will continue to reduce our investment in equities in line with our medium term strategy and to re-invest the proceeds in commercial property.

"We have set ourselves challenging objectives for 2017, and we look forward to improving shareholder value through increased dividends and net asset value."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HCFT Market Data

Currency UK Pounds
Share Price 945.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 947.50
52 Week Low 875.00
Volume 192
Shares Issued 5.17m
Market Cap £48.83m
RiskGrade 33

HCFT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.46% above the market average27.46% above the market average27.46% above the market average27.46% above the market average27.46% above the market average
37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average
Price Trend
50.41% above the market average50.41% above the market average50.41% above the market average50.41% above the market average50.41% above the market average
13.51% above the sector average13.51% above the sector average13.51% above the sector average13.51% above the sector average13.51% above the sector average
Income
41.82% above the market average41.82% above the market average41.82% above the market average41.82% above the market average41.82% above the market average
57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average
Growth
66.75% above the market average66.75% above the market average66.75% above the market average66.75% above the market average66.75% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average

HCFT Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Sep-19 02-May-19
Paid 11-Oct-19 31-May-19
Amount 21.00p 33.75p

Trades for 27-Feb-2020

Time Volume / Share Price
09:54 192 @ 930.30p
08:49 750 @ 945.00p
08:36 1,000 @ 945.00p

HCFT Key Personnel

Chair Charles A N Butler

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