AGNC Investment Corp.'s (NASDAQ:AGNC) Top Owners Are Individual Investors With 58% Stake, While 41% Is Held by Institutions
AGNC Investment Corp.'s (NASDAQ:AGNC) Top Owners Are Individual Investors With 58% Stake, While 41% Is Held by Institutions
Key Insights
關鍵見解
- Significant control over AGNC Investment by individual investors implies that the general public has more power to influence management and governance-related decisions
- 30% of the business is held by the top 25 shareholders
- Insiders have sold recently
- 個人投資者對AGNC投資的嚴格控制意味着公衆擁有更大的影響管理和治理相關決策的權力
- 30% 的業務由前 25 名股東持有
- 業內人士最近賣出了
To get a sense of who is truly in control of AGNC Investment Corp. (NASDAQ:AGNC), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 58% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
要了解誰真正控制了AGNC投資公司(納斯達克股票代碼:AGNC),了解業務的所有權結構非常重要。我們可以看到,個人投資者擁有公司的大部分股份,所有權爲58%。也就是說,如果股票上漲,該集團將受益最大(如果出現低迷,則損失最大)。
Institutions, on the other hand, account for 41% of the company's stockholders. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time.
另一方面,機構佔公司股東的41%。一般而言,隨着公司的發展,機構將增加其所有權。相反,內部人士通常會隨着時間的推移減少其所有權。
Let's take a closer look to see what the different types of shareholders can tell us about AGNC Investment.
讓我們仔細看看不同類型的股東能告訴我們有關AGNC Investment的哪些信息。
![ownership-breakdown](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240524/0-dd4679d874de82ecb4987996a2297991-0-b08fd9171a63d7895a285997c4d3c525.png/big)
What Does The Institutional Ownership Tell Us About AGNC Investment?
關於AGNC投資,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。
As you can see, institutional investors have a fair amount of stake in AGNC Investment. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 AGNC Investment, (below). Of course, keep in mind that there are other factors to consider, too.
如您所見,機構投資者在AGNC投資中擁有相當數量的股份。這意味着在這些機構工作的分析師已經看過這隻股票,他們很喜歡。但是就像其他人一樣,他們可能錯了。如果兩個大型機構投資者試圖同時拋售股票,股價大幅下跌的情況並不少見。因此,值得檢查一下AGNC Investment過去的收益軌跡(見下文)。當然,請記住,還有其他因素需要考慮。
![earnings-and-revenue-growth](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240524/0-dd4679d874de82ecb4987996a2297991-1-f18b65a03204504942ea9a14b2a16e1b.png/big)
We note that hedge funds don't have a meaningful investment in AGNC Investment. The Vanguard Group, Inc. is currently the company's largest shareholder with 8.9% of shares outstanding. For context, the second largest shareholder holds about 5.0% of the shares outstanding, followed by an ownership of 2.3% by the third-largest shareholder.
我們注意到,對沖基金沒有對AGNC投資進行有意義的投資。Vanguard Group, Inc.目前是該公司的最大股東,已發行股份爲8.9%。就背景而言,第二大股東持有約5.0%的已發行股份,其次是第三大股東持有2.3%的所有權。
A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
深入研究我們的所有權數據表明,前25名股東總共持有不到登記冊的一半,這表明一大批小股東沒有單一股東佔多數。
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. 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數據是有意義的,但研究分析師的情緒以了解風向哪個方向吹來也是有意義的。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 AGNC Investment
AGNC投資的內部所有權
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 data suggests that insiders own under 1% of AGNC Investment Corp. in their own names. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own US$59m worth of shares. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我們的數據表明,內部人士以自己的名義擁有AGNC投資公司不到1%的股份。這是一家大公司,因此即使是很小的比例權益也可以在董事會和股東之間建立一致。在本案中,內部人士擁有價值5900萬美元的股票。看到董事會成員擁有股票是件好事,但可能值得檢查一下這些內部人士是否在買入。
General Public Ownership
一般公有制
The general public -- including retail investors -- own 58% of AGNC Investment. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio.
包括散戶投資者在內的公衆擁有AGNC投資58%的股份。這種所有權水平賦予了廣大公衆的投資者一定的權力來影響董事會組成、高管薪酬和股息支付率等關鍵政策決策。
Next Steps:
後續步驟:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with AGNC Investment (at least 2 which are potentially serious) , and understanding them should be part of your investment process.
儘管值得考慮擁有公司的不同群體,但還有其他因素更爲重要。例如,投資風險的幽靈無處不在。我們已經在AGNC Investment中發現了4個警告信號(至少2個可能很嚴重),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。