American Electric Power Company, Inc. (NASDAQ:AEP) Is a Favorite Amongst Institutional Investors Who Own 76%
American Electric Power Company, Inc. (NASDAQ:AEP) Is a Favorite Amongst Institutional Investors Who Own 76%
Key Insights
主要见解
- Given the large stake in the stock by institutions, American Electric Power Company's stock price might be vulnerable to their trading decisions
- The top 25 shareholders own 50% of the company
- Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
- 考虑到机构持有该股票的大量持股,美国电力公司的股价可能受到它们交易决策的影响。
- 前25位股东拥有公司的50%股份。
- 分析师预测以及所有者数据可以给我们提供有关业务前景的强烈想法。
To get a sense of who is truly in control of American Electric Power Company, Inc. (NASDAQ:AEP), it is important to understand the ownership structure of the business. With 76% 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).
为了了解谁真正掌控了美国电力公司(NASDAQ:AEP),了解企业所有权结构非常重要。 机构持有大量股票,占据公司的最大股份比例76%。 也就是说,如果股票上涨,该群体将受益最大(或在经济衰退时亏损最多)。
Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.
由于他们拥有的巨额资金和研究能力,机构所有权往往具有很大的影响力,特别是对于个人投资者来说。因此,拥有大量机构资金投资于公司往往被认为是一种令人向往的品质。
In the chart below, we zoom in on the different ownership groups of American Electric Power Company.
下表列出了美国电力公司的不同股权持有人。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240814/0-2ef52450f8cde356a32e5c42265d978a-0-d6f80b30d162481c5ca4ea67bbaa5d53.png/big)
What Does The Institutional Ownership Tell Us About American Electric Power Company?
机构持有情况对美国电力公司有何意义?
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.
机构投资者通常将自己的回报与常见的指数回报进行比较。因此,他们通常会考虑购买包括在相关基准指数中的较大公司。
American Electric Power Company already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 American Electric Power Company, (below). Of course, keep in mind that there are other factors to consider, too.
美国电力公司的股东中已经包括了机构。 事实上,他们在公司中拥有可观的股份。这意味着为这些机构工作的分析师已经研究过该股票并且他们喜欢它。但是,他们也可能会像其他人一样犯错。 如果两个大型机构投资者尝试同时抛售股票, 普遍存在股价暴跌的问题。所以值得注意的是,还应查看美国电力公司以往的营收收入情况(如下图所示),当然也要记住需要考虑其他因素。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240814/0-2ef52450f8cde356a32e5c42265d978a-1-b9527774dc7b1fd78871c4972d69e08d.png/big)
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 American Electric Power Company. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.3% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.6% and 4.9% of the stock.
由于机构投资者拥有超过股票发行量的一半,董事会可能会关注他们的偏好。 对于美国电力公司,对冲基金没有持有很多股票。从我们的数据来看,最大的股东是The Vanguard Group,Inc,占流通股的9.3%。与之相比,第二大和第三大股东持有的股票分别约为8.6%和4.9%。
Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.
我们的研究表明,前25大股东共控制了公司股份的不到一半,这意味着公司的股份广泛分散,没有主导股东。
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.
尽管研究公司机构所有权数据是有意义的,但了解分析师的情绪也很有意义,以了解市场的走向。因为有很多分析师正在跟踪这个股票,所以看看他们的预测可能是值得的。
Insider Ownership Of American Electric Power Company
美国电力公司内部持股情况
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.
内部人员的定义在不同国家可能会稍有不同,但董事会成员始终算入其中。公司管理负责经营业务,但即使首席执行官是董事会成员,他或她也必须对董事会负责。
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.
大多数人认为内部所有权是积极的,因为它可以表示董事会与其他股东的利益相一致。但是,在某些场合下,这个团体的权力过于集中。
Our information suggests that American Electric Power Company, Inc. insiders own under 1% of the company. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own US$30m worth of shares. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我们掌握的信息表明,美国电力公司的内部人士仅拥有该公司不到1%的股份。因为它是一家大型公司,我们只期望内部人员拥有其一小部分股份。但值得注意的是,他们拥有价值3000万美元的股票。看到董事会成员拥有股份是好事,但值得注意的是他们是否一直在购买。
General Public Ownership
一般大众所有权
With a 24% ownership, the general public, mostly comprising of individual investors, have some degree of sway over American Electric Power Company. 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.
拥有24%股份的普通公众,主要包括个人投资者,对美国电力公司具有某种影响力。尽管这种股份可能不足以推动政策决策向他们有利,但仍然可以对公司政策产生集体影响。
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. Be aware that American Electric Power Company is showing 3 warning signs in our investment analysis , and 1 of those doesn't sit too well with us...
虽然考虑公司所有权的不同方面有很大价值,但仍有更重要的因素。请注意,我们的投资分析显示,美国电力公司存在3个警告信号,其中1个不太让人满意。
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.
但最终,决定该业务所有者将获得多大利益的是未来而非过去。因此,我们认为最好查看此免费报告,以了解分析师是否预测更光明的未来。
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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