Liberty Latin America Ltd.'s (NASDAQ:LILA) One-year Returns Climbed After Last Week's 6.5% Gain, Institutional Investors Must Be Happy
Liberty Latin America Ltd.'s (NASDAQ:LILA) One-year Returns Climbed After Last Week's 6.5% Gain, Institutional Investors Must Be Happy
Key Insights
主要見解
- Institutions' substantial holdings in Liberty Latin America implies that they have significant influence over the company's share price
- A total of 18 investors have a majority stake in the company with 51% ownership
- Recent purchases by insiders
- 機構持有的自由拉丁美洲公司的大量股份意味着他們對該公司的股價具有重要影響力。
- 共有18家投資者擁有該公司51%的所有權。
- 最近有內部人員購買。
To get a sense of who is truly in control of Liberty Latin America Ltd. (NASDAQ:LILA), it is important to understand the ownership structure of the business. With 58% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
要了解自由拉丁美洲有限責任公司(納斯達克:LILA)實際掌控者的情況,了解該企業的所有權結構至關重要。機構擁有最大的股權,佔58%的股份,這意味着該集團是如果股票上漲(或者在衰退時最受損失的人)。
Last week's 6.5% gain means that institutional investors were on the positive end of the spectrum even as the company has shown strong longer-term trends. The one-year return on investment is currently 9.8% and last week's gain would have been more than welcomed.
上週的6.5% 的漲幅表明,雖然該公司表現出了強勁的長期趨勢,但機構投資者仍處於正面狀態。目前一年的投資回報率爲9.8%,上週的增長將受到更多的歡迎。
Let's take a closer look to see what the different types of shareholders can tell us about Liberty Latin America.
讓我們更仔細地觀察一下不同類型的股東可以告訴我們關於自由拉丁美洲的什麼信息。
![ownership-breakdown](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240701/0-4bbd3f1548a4927a40c54e53ba76b33a-0-d51b23bd85f0f1e2d291608c4f1477b1.png/big)
What Does The Institutional Ownership Tell Us About Liberty Latin America?
機構持有量對於自由拉丁美洲公司告訴我們什麼?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
機構通常在向自己的投資者報告時會針對一個基準進行衡量,因此一旦某隻股票被納入主要指數,他們通常會更加熱衷於該股票。我們預計大多數公司都會有一些機構在登記簿上,尤其是那些正在增長的公司。
We can see that Liberty Latin America does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Liberty Latin America's historic earnings and revenue below, but keep in mind there's always more to the story.
我們可以看到自由拉丁美洲的確有機構投資者持有,他們擁有公司的大部分股票。這可能表明該公司在投資界擁有一定的信譽度。但最好要警惕依賴機構投資者所謂的認可。他們有時也會犯錯誤。當多個機構持有某隻股票時,始終存在着他們會參與“擁擠交易”的風險。當這樣的交易失誤時,多個方面可能會競爭快速出售股票。在沒有歷史成長記錄的公司中,這種風險更高。但不要忘記,這只是自由拉丁美洲的歷史收益和營業收入,故事背後的內容還有很多。
![earnings-and-revenue-growth](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240701/0-4bbd3f1548a4927a40c54e53ba76b33a-1-53468f3b36f8e077b1f1256259878abf.png/big)
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. We note that hedge funds don't have a meaningful investment in Liberty Latin America. Searchlight Capital Partners, L.P. is currently the largest shareholder, with 7.3% of shares outstanding. For context, the second largest shareholder holds about 6.7% of the shares outstanding, followed by an ownership of 6.0% by the third-largest shareholder. Furthermore, CEO Balan Nair is the owner of 1.4% of the company's shares.
由於機構投資者擁有超過一半的已發行股票,董事會可能會注意到他們的偏好。我們注意到,對於自由拉丁美洲,對沖基金沒有相關的重要投資。Searchlight Capital Partners.L.P.目前是最大的股東,擁有7.3%的已發行股份。爲了舉例,第二大股東持有約6.7%的已發行股份,第三大股東持有6.0%的股份。此外,首席執行官Balan Nair擁有公司1.4%的股份。
A closer look at our ownership figures suggests that the top 18 shareholders have a combined ownership of 51% implying that no single shareholder has a majority.
更詳細地觀察我們的所有權數據表明,前18位股東擁有51%的聯合所有權,意味着沒有單一的股東擁有大多數股份。
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 Liberty Latin America
自由拉丁美洲的內部股權分佈
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
雖然內部人士的精確定義可能是主觀的,幾乎每個人都認爲董事會成員是內部人士。管理層最終向董事會負責。但是,如果他們是創始人或CEO,經理成爲執行董事會成員並不罕見。
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。
It seems insiders own a significant proportion of Liberty Latin America Ltd.. It has a market capitalization of just US$1.9b, and insiders have US$202m worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.
似乎內部人士擁有自由拉丁美洲有限責任公司的相當比例。它的市值僅爲19億美元,內部人士擁有自己名下的2.02億元美元的股份。這相當重要。大多數人會很高興看到董事會與他們一起投資。您可以點擊此免費圖表,查看內部人士的最近交易情況。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 22% stake in Liberty Latin America. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
通常是個人投資者的公衆持有自由拉丁美洲股份的22%。雖然這樣的所有權大小可能不足以使他們在政策決策中產生影響,但他們仍然可以對公司政策產生集體影響。
Private Equity Ownership
股權投資公司持有8.8%的股份,有能力參與塑造以價值創造爲重點的公司策略。一些投資者可能會因此而受到鼓舞,因爲股權投資公司有時可以鼓勵市場看到公司的價值,從而採取有益的策略。另外,那些持有者可能在將其上市後退出投資。
Private equity firms hold a 7.3% stake in Liberty Latin America. This suggests they can be influential in key policy decisions. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.
私人股權投資公司持有自由拉丁美洲公司7.3%的股權,這表明他們可能會在關鍵的政策決策中發揮影響力。一些投資者可能會從中獲益,因爲私人股權公司有時能夠鼓勵制定有助於市場看到公司價值的策略。或者,這些持有人可能會在上市後退出投資。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand Liberty Latin America better, we need to consider many other factors.
始終值得思考持有一家公司股票的不同股東群體。但要更好地了解自由拉丁美洲,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。
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
如果您像我一樣,可能希望考慮這家公司是否會增長或縮小。幸運的是,您可以查看此免費報告,顯示分析師對其未來的預測。
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。