Fulton Financial Corporation's (NASDAQ:FULT) Large Institutional Owners Must Be Happy as Stock Continues to Impress, up 3.3% Over the Past Week
Fulton Financial Corporation's (NASDAQ:FULT) Large Institutional Owners Must Be Happy as Stock Continues to Impress, up 3.3% Over the Past Week
Key Insights
主要見解
- Given the large stake in the stock by institutions, Fulton Financial's stock price might be vulnerable to their trading decisions
- The top 10 shareholders own 51% of the company
- Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
- 考慮到機構在該股票中持有的大部分股份,富爾頓金融的股價可能會受到他們交易決策的影響。
- 前十大股東擁有該公司51%的股份。
- 分析師預測以及所有者數據可以給我們提供有關業務前景的強烈想法。
A look at the shareholders of Fulton Financial Corporation (NASDAQ:FULT) can tell us which group is most powerful. The group holding the most number of shares in the company, around 77% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).
看看富爾頓金融公司(納斯達克:FULT)的股東,就能告訴我們哪個群體最具影響力。持有公司最多股份的群體,確切地說約佔77%的股份,是機構。換句話說,該群體面臨着最大的上行潛力(或下行風險)。
And last week, institutional investors ended up benefitting the most after the company hit US$3.3b in market cap. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 33%.
上週,機構投資者從公司市值達到33億美元中受益最多。上週的收益將進一步提高股東的一年回報率,目前爲33%。
Let's take a closer look to see what the different types of shareholders can tell us about Fulton Financial.
讓我們仔細看看不同類型的股東能告訴我們有關富爾頓金融的什麼信息。
What Does The Institutional Ownership Tell Us About Fulton Financial?
機構投資者的持股告訴我們有關富爾頓金融的什麼?
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的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
We can see that Fulton Financial 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. 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 Fulton Financial's historic earnings and revenue below, but keep in mind there's always more to the story.
我們可以看到富爾頓金融確實有機構投資者;他們持有公司的一大部分股票。這表明在專業投資者中有一定的可信度。但我們不能僅憑這個事實就依賴,因爲機構有時也會做出糟糕的投資,就像其他人一樣。當多個機構擁有一隻股票時,總存在一種風險,即它們可能處於「擁擠交易」中。當這種交易出現問題時,多方可能會競相快速賣出股票。這種風險在沒有增長曆史的公司中更高。您可以查看富爾頓金融的歷史收入和營業額,但請記住故事並不僅僅是這些。
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Hedge funds don't have many shares in Fulton Financial. Our data shows that BlackRock, Inc. is the largest shareholder with 14% of shares outstanding. In comparison, the second and third largest shareholders hold about 12% and 6.6% of the stock.
由於機構投資者擁有超過半數已發行股票,董事會可能需要關注他們的偏好。對富爾頓金融來說,對沖基金持有的股份不多。我們的數據顯示,BlackRock,Inc.是最大的股東,持有14%的股份。相比之下,第二和第三大股東分別持有大約12%和6.6%的股票。
We also observed that the top 10 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10大股東持有超過半數股份,有一些較小的股東以一定程度上平衡更大股東的利益。
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.
我們的數據表明,私人公司持有公司的4.0%的股份。單單從這個事實上很難得出任何結論,因此它值得研究誰擁有這些私人公司。有時內部人或其他相關方通過單獨的私營公司持有上市公司的股份。
Insider Ownership Of Fulton Financial
富爾頓金融的內部股權
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
內部人員的定義在不同國家之間可能略有不同,但董事會成員始終計數。公司管理層回答董事會,在此應代表股東利益。值得注意的是,有時高級管理人員也在董事會上。
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,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
Our most recent data indicates that insiders own some shares in Fulton Financial Corporation. The insiders have a meaningful stake worth US$37m. Most would see this as a real positive. 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.
根據我們最新的數據顯示,內部持有者在富爾頓金融公司持有一些股份。內部持有者持有價值3700萬美元的股份。大多數人會認爲這是一個真正的積極信號。大多數人會說,這顯示了股東和董事會之間利益的一致性。不過,值得檢查一下這些內部持有者是否一直在拋售。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 21% stake in Fulton Financial. 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.
一般公衆通常是個人投資者,在富爾頓金融持有21%的股份。雖然這種所有權比例可能不足以影響他們利益的決策,但他們仍然可以對公司政策產生集體影響。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand Fulton Financial better, we need to consider many other factors. Take risks for example - Fulton Financial has 1 warning sign we think you should be aware of.
考慮到擁有公司股份的不同群體總是值得的。但要更好地了解富爾頓金融,我們需要考慮許多其他因素。例如,要考慮風險- 富爾頓金融有1個警告標誌,我們認爲您應該注意。
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。
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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。