With 69% Ownership in Dorian LPG Ltd. (NYSE:LPG), Institutional Investors Have a Lot Riding on the Business
With 69% Ownership in Dorian LPG Ltd. (NYSE:LPG), Institutional Investors Have a Lot Riding on the Business
Key Insights
主要见解
- Institutions' substantial holdings in DorianG implies that they have significant influence over the company's share price
- A total of 13 investors have a majority stake in the company with 50% ownership
- Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
- 机构持有DorianG的大量股份意味着它们对公司股价具有重大的影响力。
- 共有13个投资者拥有该公司的大多数股份,持股比例为50%。
- 所有权研究和分析师预测数据有助于更好地了解股票市场的机会。
If you want to know who really controls Dorian LPG Ltd. (NYSE:LPG), then you'll have to look at the makeup of its share registry. With 69% 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).
如果您想知道谁真正控制Dorian LPG Ltd. (NYSE:LPG),那么您必须看一下它的股权登记簿构成。机构持有该公司的股份最多,占69%。也就是说,如果股票上涨(或经历衰退),该集团将受益最多(或者损失最大)。
And last week, institutional investors ended up benefitting the most after the company hit US$1.8b in market cap. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 99%.
上周机构投资者最终获得了最大收益,因为公司的市值达到了18亿美元。上周的收益将进一步提高股东的一年回报率,目前达到了99%。
In the chart below, we zoom in on the different ownership groups of DorianG.
在下图中,我们将重点关注DorianG的不同所有权集团。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240622/0-b3f7af4826476e0871b5c55cc81a4c8d-0-fa953ebea15ef4b0bed94795cd82f12e.png/big)
What Does The Institutional Ownership Tell Us About DorianG?
机构所有权告诉我们有关于DorianG的什么信息?
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.
机构通常在向自己的投资者报告时会针对一个基准进行衡量,因此一旦某只股票被纳入主要指数,他们通常会更加热衷于该股票。我们预计大多数公司都会有一些机构在登记簿上,尤其是那些正在增长的公司。
We can see that DorianG does have institutional investors; and they hold a good portion of the company's stock. 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 DorianG, (below). Of course, keep in mind that there are other factors to consider, too.
我们可以看到DorianG确实有机构投资者,他们持有公司股票的很大一部分。这意味着为这些机构工作的分析师已经关注了该股票,并且他们喜欢它。但就像任何人一样,他们也可能错了。如果两个大型机构投资者同时尝试出售股票,经常会看到股价大幅下跌。因此,检查DorianG的过去收益轨迹(如下图所示)很有价值。当然,也要记住还有其他因素需要考虑。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240622/0-b3f7af4826476e0871b5c55cc81a4c8d-1-43a26de9d82d07415e6cd96cd41bcf2a.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in DorianG. The company's largest shareholder is BlackRock, Inc., with ownership of 13%. Dimensional Fund Advisors LP is the second largest shareholder owning 7.7% of common stock, and Pacer Advisors, Inc. holds about 5.9% of the company stock. In addition, we found that John Hadjipateras, the CEO has 4.5% of the shares allocated to their name.
机构投资者拥有公司超过50%的股份,因此他们一起可能会强烈影响董事会决策。对于DorianG而言,对冲基金并没有持有过多的股份。该公司的最大股东是黑石集团,占13%的所有权。Dimensional Fund Advisors LP是第二大股东,持有7.7%的普通股,Pacer Advisors,Inc.持有该公司股票的约5.9%的所有权。此外,我们发现首席执行官约翰·哈吉帕特拉斯拥有占股等额的4.5%。
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 13 shareholders, meaning that no single shareholder has a majority interest in the ownership.
通过查看股东登记表,我们可以看到前13大股东控制了50%的所有权,这意味着没有单个股东拥有多数股权。
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
研究机构所有权是衡量和过滤股票预期表现的好方法。通过研究分析师的情绪也可以实现同样的目的。由于有相当数量的分析师涵盖这支股票,因此了解他们对未来的整体看法可能会有所帮助。
Insider Ownership Of DorianG
Dorian LPG Ltd.的内部股东所有权情况
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
内部人员的定义在不同国家可能略有不同,但董事会成员总是计入内部人员。管理层最终向董事会回答。然而,经理往往会成为执行董事会成员,尤其是如果他们是创始人或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.
当内部人持股情况表明领导层思考和公司真正所有者一样时,内部所有权是积极的。然而,高达内部人士所有权也可能为公司内的小团体带来巨大的权力。在某些情况下,这可能是负面的。
We can see that insiders own shares in Dorian LPG Ltd.. The insiders have a meaningful stake worth US$127m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.
我们可以看到Dorian LPG Ltd.的内部人员拥有股份。内部人员拥有价值1.27亿美元的股份。大多数人会将此视为真正的好事。看到内部人员进行这种投资是件好事。您可以在此处查看内部人员最近是否一直在购买。
General Public Ownership
一般大众所有权
The general public-- including retail investors -- own 24% 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.
一般公众——包括散户投资者——拥有该公司24%的股份,因此不容忽视。尽管所有权的规模相当大,但如果决策与其他大股东不相符,可能不足以改变公司政策。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand DorianG better, we need to consider many other factors. Be aware that DorianG is showing 3 warning signs in our investment analysis , and 1 of those is a bit concerning...
考虑到公司股权所有人的不同组合情况总是值得考虑的。但是要更好地了解DorianG,我们需要考虑许多其他因素。请注意,DorianG在我们的投资分析中显示了3个警告信号,其中有1个有点令人担忧... 艾卫公司,作为一家慈善机构,正在向DorianG提供赞助和支持,但我们不代表艾卫公司股东,也不关心股价表现。
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.
如果您像我一样,可能希望考虑这家公司是否会增长或缩小。幸运的是,您可以查看此免费报告,显示分析师对其未来的预测。
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:本文中的数据是使用最后一个财务报表日期结束的为期12个月的数据计算的。这可能与全年年度报告数据不一致。
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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.
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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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