Institutional Investors Are TriCo Bancshares' (NASDAQ:TCBK) Biggest Bettors and Were Rewarded After Last Week's US$53m Market Cap Gain
Institutional Investors Are TriCo Bancshares' (NASDAQ:TCBK) Biggest Bettors and Were Rewarded After Last Week's US$53m Market Cap Gain
Key Insights
主要見解
- Significantly high institutional ownership implies TriCo Bancshares' stock price is sensitive to their trading actions
- A total of 16 investors have a majority stake in the company with 51% ownership
- Insiders have been selling lately
- 顯著高的機構持股意味着TriCo Bancshares的股價對它們的交易行爲非常敏感。
- 16個投資者擁有該公司的大多數股份,佔有51%的所有權。
- 內部人員最近一直在賣出。
A look at the shareholders of TriCo Bancshares (NASDAQ:TCBK) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 64% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
觀察TriCo Bancshares (NASDAQ:TCBK)的股東可以告訴我們哪個群體最有權力。而持有最大股份的是機構,佔有64%。換言之,這個群體在投資公司時最有可能獲得(或失去)最多。
And as as result, institutional investors reaped the most rewards after the company's stock price gained 3.9% last week. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 27%.
作爲結果,上週該公司的股票價格上漲了3.9%,機構投資者因此獲得了最大的回報。上週的收益進一步提高了股東的年度回報率,目前爲27%。
Let's delve deeper into each type of owner of TriCo Bancshares, beginning with the chart below.
讓我們深入了解TriCo Bancshares的每種股東類型,從下面的圖表開始。
![1724330153418](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240822/46912333-0-c722550561d1b9df13bbfb9080fd80f7.webp/bigjpg)
What Does The Institutional Ownership Tell Us About TriCo Bancshares?
機構投資者對TriCo Bancshares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 TriCo Bancshares does have institutional investors; and they hold a good portion of the company's stock. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at TriCo Bancshares' earnings history below. Of course, the future is what really matters.
我們可以看到TriCo Bancshares確實有機構投資者,並且他們持有該公司的大部分股票。這表明在專業投資者之間有一些可信度。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。如果多個機構同時改變對一隻股票的看法,股價可能會快速下跌。因此,值得查看TriCo Bancshares的盈利歷史。當然,未來才是真正重要的。
![1724330154821](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240822/46912333-1-934a7d4476773caa13385261d0a8bd52.webp/bigjpg)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in TriCo Bancshares. FMR LLC is currently the company's largest shareholder with 9.0% of shares outstanding. With 7.4% and 5.5% of the shares outstanding respectively, BlackRock, Inc. and The Vanguard Group, Inc. are the second and third largest shareholders. Additionally, the company's CEO Richard Smith directly holds 0.9% of the total shares outstanding.
機構投資者擁有超過50%的公司股份,因此他們可能會對董事會決策產生強大影響。我們注意到對TriCo Bancshares而言,對沖基金並沒有實質性投資。FMR LLC目前是該公司最大的股東,持有9.0%的流通股份。其次是BlackRock, Inc.和The Vanguard Group, Inc.,分別持有7.4%和5.5%的流通股份。此外,該公司的CEO Richard Smith直接持有總流通股份的0.9%。
A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 51% implying that no single shareholder has a majority.
對我們的所有權數據進行更詳細的研究,表明前16號股東擁有51%的股份,暗示沒有單一股東擁有多數股權。
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
雖然研究一個公司的機構持股數據是有意義的,但研究分析師預期增長也是有意義的,因爲很多分析師都有關注這些股票,因此可以很容易地了解預期增長。
Insider Ownership Of TriCo Bancshares
TriCo Bancshares的內部所有權
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,並在不同的司法管轄區之間有所不同。我們的數據反映了個人內部人員,至少包括董事會成員。管理層最終向董事會負責。然而,經理們成爲執行董事會成員並不罕見,尤其是如果他們是創始人或首席執行官。
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。
Shareholders would probably be interested to learn that insiders own shares in TriCo Bancshares. This is a big company, so it is good to see this level of alignment. Insiders own US$58m worth of shares (at current prices). Most would say this shows alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling.
股東們可能會對知道TriCo Bancshares的內部持有股票感興趣。這是一家大公司,所以看到這種程度的一致性是好的。內部人士目前持有5800萬美元的股票(按當前價格計算)。大多數人會認爲這顯示了股東和董事會之間的利益一致性。不過,還是值得檢查一下這些內部人士是否一直在拋售股票。
General Public Ownership
一般大衆所有權
The general public-- including retail investors -- own 31% 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——包括散戶投資者——擁有該公司31%的股份,因此不能輕易忽略它們。這種所有權規模雖然很大,但如果決策與其他大股東不一致,可能不足以改變公司政策。
Next Steps:
下一步:
While it is well worth considering the different groups that own a company, there are other factors that are even more important.
雖然考慮所有擁有一家公司的群體很重要,但還有其他更重要的因素。
Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.
很多人覺得深入了解一家公司過去的表現是有用的。您可以訪問此詳細的過去收益、營業收入和現金流量圖。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果您希望了解分析師在未來增長方面的預測,請務必不要錯過這份免費報告。
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。
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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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。
譯文內容由第三人軟體翻譯。