share_log

Corteva, Inc. (NYSE:CTVA) Is Favoured by Institutional Owners Who Hold 84% of the Company

Corteva, Inc. (NYSE:CTVA) Is Favoured by Institutional Owners Who Hold 84% of the Company

Corteva, Inc.(紐約證券交易所代碼:CTVA)受到持有公司84%股份的機構所有者的青睞
Simply Wall St ·  05/23 00:17

Key Insights

關鍵見解

  • Institutions' substantial holdings in Corteva implies that they have significant influence over the company's share price
  • 51% of the business is held by the top 17 shareholders
  • Insiders have sold recently
  • 機構在Corteva的大量持股意味着它們對公司的股價具有重大影響
  • 51% 的業務由前 17 名股東持有
  • 業內人士最近賣出了

Every investor in Corteva, Inc. (NYSE:CTVA) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 84% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Corteva, Inc.(紐約證券交易所代碼:CTVA)的每位投資者都應該知道最強大的股東群體。我們可以看到,機構擁有該公司的大部分股份,所有權爲84%。換句話說,該集團將從對公司的投資中獲得最多(或損失最大)。

Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.

由於機構可以獲得大量資金,因此他們的市場走勢往往會受到散戶或個人投資者的嚴格審查。因此,向公司投資的大量機構資金通常被視爲積極屬性。

In the chart below, we zoom in on the different ownership groups of Corteva.

在下圖中,我們放大了Corteva的不同所有權組。

ownership-breakdown
NYSE:CTVA Ownership Breakdown May 22nd 2024
紐約證券交易所:CTVA 所有權明細 2024 年 5 月 22 日

What Does The Institutional Ownership Tell Us About Corteva?

關於Corteva,機構所有權告訴我們什麼?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

機構投資者通常將自己的回報與常見指數的回報進行比較。因此,他們通常會考慮收購相關基準指數中包含的大型公司。

Corteva already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Corteva's historic earnings and revenue below, but keep in mind there's always more to the story.

Corteva已經在股票登記處設立了機構。事實上,他們擁有該公司可觀的股份。這表明專業投資者有一定的信譽。但是我們不能僅僅依靠這個事實,因爲機構有時會像所有人一樣進行不良投資。當多家機構擁有一隻股票時,總是存在處於 “擁擠交易” 的風險。當這樣的交易出錯時,多方可能會競相快速出售股票。對於沒有增長曆史的公司,這種風險更高。你可以在下面看到Corteva的歷史收益和收入,但請記住,故事總是有更多內容。

earnings-and-revenue-growth
NYSE:CTVA Earnings and Revenue Growth May 22nd 2024
紐約證券交易所:CTVA收益和收入增長 2024年5月22日

Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Corteva is not owned by hedge funds. The Vanguard Group, Inc. is currently the largest shareholder, with 11% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 7.7% and 4.7%, of the shares outstanding, respectively.

機構投資者擁有公司50%以上的股份,因此加在一起可能會對董事會的決策產生重大影響。Corteva不歸對沖基金所有。Vanguard Group, Inc.目前是最大的股東,已發行股份的11%。同時,第二和第三大股東分別持有已發行股份的7.7%和4.7%。

A closer look at our ownership figures suggests that the top 17 shareholders have a combined ownership of 51% implying that no single shareholder has a majority.

仔細觀察我們的所有權數據就會發現,前17名股東的合併所有權爲51%,這意味着沒有一個單一股東擁有多數股東。

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

雖然研究公司的機構所有權可以爲您的研究增加價值,但研究分析師的建議以更深入地了解股票的預期表現也是一種好做法。有很多分析師在報道該股,因此可能也值得一看他們的預測。

Insider Ownership Of Corteva

Corteva 的內部所有權

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

不同國家對內部人員的定義可能略有不同,但董事會成員總是計算在內。公司管理層經營業務,但首席執行官將向董事會負責,即使他或她是董事會成員。

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

大多數人認爲內部所有權是積極的,因爲這可能表明董事會與其他股東關係良好。但是,在某些情況下,過多的權力集中在該群體中。

Our information suggests that Corteva, Inc. insiders own under 1% of the company. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$46m worth of shares (at current prices). In this sort of situation, it can be more interesting to see if those insiders have been buying or selling.

我們的信息表明,Corteva, Inc.內部人士擁有該公司不到1%的股份。這是一家非常大的公司,因此看到內部人士擁有該公司的很大一部分股份會令人驚訝。儘管他們的持股量不到1%,但我們可以看到董事會成員共擁有價值4600萬美元的股票(按當前價格計算)。在這種情況下,看看這些內部人士是在買入還是賣出可能會更有趣。

General Public Ownership

一般公有制

The general public-- including retail investors -- own 16% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

包括散戶投資者在內的公衆擁有該公司16%的股份,因此不容忽視。這種所有權規模雖然可觀,但如果決策與其他大股東不同步,可能不足以改變公司政策。

Next Steps:

後續步驟:

It's always worth thinking about the different groups who own shares in a company. But to understand Corteva better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Corteva , and understanding them should be part of your investment process.

擁有公司股份的不同群體總是值得考慮的。但是,爲了更好地了解Corteva,我們需要考慮許多其他因素。例如,以永遠存在的投資風險幽靈爲例。我們已經向Corteva確定了兩個警告信號,了解它們應該是您投資過程的一部分。

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

但歸根結底,決定這家企業所有者的表現的是未來,而不是過去。因此,我們認爲最好看一下這份免費報告,該報告顯示了分析師是否預測了更光明的未來。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
    搶先評論