With 71% Institutional Ownership, First Financial Bankshares, Inc. (NASDAQ:FFIN) Is a Favorite Amongst the Big Guns
With 71% Institutional Ownership, First Financial Bankshares, Inc. (NASDAQ:FFIN) Is a Favorite Amongst the Big Guns
Key Insights
主要見解
- Significantly high institutional ownership implies First Financial Bankshares' stock price is sensitive to their trading actions
- A total of 9 investors have a majority stake in the company with 50% ownership
- Insiders have bought recently
- 如機構大股東的持股比例高,則First Financial Bankshares的股價很可能會受到它們的交易動向的影響。
- 總共有9個投資者持有該公司50%的股權。
- 內部人士最近購買了股票。
Every investor in First Financial Bankshares, Inc. (NASDAQ:FFIN) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 71% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
First Financial Bankshares股份的所有投資者都應該了解最具影響力的股東群體。我們可以看到,機構在公司中擁有71%的股權。也就是說,如果股票上漲,該群體將受益最多(或者如果出現下滑,將損失最多)。
Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.
由於機構有許多資金,因此他們的市場走勢往往會受到零售或個人投資者的密切關注。因此,機構投資公司的良好部分通常是對其未來充滿信心的重要標誌。
Let's delve deeper into each type of owner of First Financial Bankshares, beginning with the chart below.
讓我們深入了解First Financial Bankshares的每一種所有者類型,從下面的圖表開始。
![ownership-breakdown](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240628/0-8ee028ade1d2f5901fd84126c5500517-0-b39b1375827473b1facbfd0f7586439a.png/big)
What Does The Institutional Ownership Tell Us About First Financial Bankshares?
機構持股情況對First Financial Bankshares有何啓示?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
許多機構衡量其業績的標準是一個近似於當地市場的指數。因此,他們通常更加關注包括在主要指數中的公司。
First Financial Bankshares 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of First Financial Bankshares, (below). Of course, keep in mind that there are other factors to consider, too.
First Financial Bankshares已經有機構註冊股份。實際上,他們在公司中擁有相當大的股份。這表明在專業投資者中具有一定可信度。但是,我們不能僅僅依靠這個事實,因爲機構有時也會做出糟糕的投資,就像其他人一樣。如果兩個大型機構投資者同時試圖拋售股票,看到大幅股價下跌並不罕見。因此,值得檢查First Financial Bankshares過去的收益軌跡(如下所示)。當然,也要記住還有其他因素需要考慮。
![earnings-and-revenue-growth](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240628/0-8ee028ade1d2f5901fd84126c5500517-1-f9ab5e1fe4f434c3ddc7677dfefc64c0.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. First Financial Bankshares is not owned by hedge funds. Our data shows that First Financial Trust & Asset Management Company is the largest shareholder with 13% of shares outstanding. With 11% and 11% of the shares outstanding respectively, BlackRock, Inc. and The Vanguard Group, Inc. are the second and third largest shareholders. Furthermore, CEO F. Dueser is the owner of 1.5% of the company's shares.
機構投資者擁有公司超過50%的股份,因此他們可能會強烈影響董事會決策。First Financial Bankshares不是由對沖基金擁有。我們的數據顯示,First Financial Trust & Asset Management Company是最大的股東,持有公司13%的股份。其次,BlackRock,Inc.和The Vanguard Group,Inc.分別擁有公司11%和11%的股份。此外,CEO F. Dueser是公司股份的1.5%的所有者。
We also observed that the top 9 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
我們還觀察到,前9大股東持有超過股份註冊的一半,還有一些小股東平衡大股東的利益。
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
雖然研究公司的機構所有權可以增加您的研究價值,但研究分析師建議是了解股票預期表現的更深入的做法。相當多的分析師都對該股票進行了研究,因此您可以輕鬆地查看預測增長。
Insider Ownership Of First Financial Bankshares
First Financial Bankshares的內部股份所有者
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
公司內部人員的定義可能是主觀的,在管轄範圍之間會有所不同。我們的數據反映了個人內部人員,至少涵蓋了董事會成員。管理層最終對董事會負責。但是,經理擔任執行董事會成員並非不尋常,特別是如果他們是創始人或CEO。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
當內部人持股情況表明領導層思考和公司真正所有者一樣時,內部所有權是積極的。然而,高達內部人士所有權也可能爲公司內的小團體帶來巨大的權力。在某些情況下,這可能是負面的。
We can see that insiders own shares in First Financial Bankshares, Inc.. This is a big company, so it is good to see this level of alignment. Insiders own US$166m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.
我們可以看到,內部股東持有First Financial Bankshares股份。這是一家大公司,所以看到這種程度的一致性是很好的。內部股東持有價值1.66億美元的股份(按當前股價計算)。如果您想探討內部人員的一致性問題,可以單擊此處查看內部人員是否一直在購買或銷售。
General Public Ownership
一般大衆所有權
The general public-- including retail investors -- own 25% 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.
普通公衆,包括零售投資者,在該公司中持有25%的股份,因此不能輕易被忽視。儘管佔有相當大的股份,但如果決策與其他大股東不一致,則可能無法改變公司政策。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand First Financial Bankshares better, we need to consider many other factors.
經常考慮擁有一家公司股份的不同群體是值得的。但是,爲了更好地了解First Financial Bankshares,我們需要考慮許多其他因素。
I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free.
我喜歡深入了解一家公司過去的表現。您可以免費訪問該互動圖表,了解其過去的盈利、營業收入和現金流。
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.
但最終,決定該業務所有者將獲得多大利益的是未來而非過去。因此,我們認爲最好查看此免費報告,以了解分析師是否預測更光明的未來。
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:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。