Institutional Investors Are German American Bancorp, Inc.'s (NASDAQ:GABC) Biggest Bettors and Were Rewarded After Last Week's US$61m Market Cap Gain
Institutional Investors Are German American Bancorp, Inc.'s (NASDAQ:GABC) Biggest Bettors and Were Rewarded After Last Week's US$61m Market Cap Gain
Key Insights
主要见解
- Significantly high institutional ownership implies German American Bancorp's stock price is sensitive to their trading actions
- A total of 25 investors have a majority stake in the company with 48% ownership
- Recent purchases by insiders
- 机构拥有德美银行的股份,这意味着股价对它们的交易行为非常敏感。
- 共有25位投资者拥有这家公司48%的所有权。
- 最近有内部人员购买。
If you want to know who really controls German American Bancorp, Inc. (NASDAQ:GABC), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 51% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
如果你想知道谁真正控制着德美银行股份有限公司(纳斯达克:GABC),那么你就需要查看其股东注册信息的构成。持有该公司股份最多的群体,准确地说约占51%,是机构。换句话说,该群体最有可能(或最有可能)从投资公司中获利或亏损。
Last week's 5.4% gain means that institutional investors were on the positive end of the spectrum even as the company has shown strong longer-term trends. The one-year return on investment is currently 53% and last week's gain would have been more than welcomed.
上周的5.4%涨幅意味着机构投资者处于积极的位置,尽管公司显示出强劲的长期趋势。投资回报率为53%,而上周的收益则更受欢迎。
In the chart below, we zoom in on the different ownership groups of German American Bancorp.
在下图中,我们将重点放在德美银行不同的所有权群体上。
What Does The Institutional Ownership Tell Us About German American Bancorp?
机构持股告诉我们关于德美银行的什么?
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。
As you can see, institutional investors have a fair amount of stake in German American Bancorp. 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. 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 German American Bancorp's earnings history below. Of course, the future is what really matters.
正如您所见,机构投资者在德美银行持有相当一部分股份。这意味着为这些机构工作的分析师已经看过这支股票,并持有良好的看法。但就像其他人一样,他们也可能是错的。 如果多家机构同时改变对一支股票的看法,股价可能会迅速下跌。因此,值得查看德美银行的下面的收入历史。当然,未来才是真正重要的。
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 German American Bancorp. Our data shows that BlackRock, Inc. is the largest shareholder with 7.9% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.8% and 5.1%, of the shares outstanding, respectively.
由于机构投资者拥有超过一半的已发行股票,董事会可能需要关注他们的偏好。对于德美银行来说,对冲基金持有的股份并不多。我们的数据显示,BlackRock, Inc.是拥有7.9%流通股的最大股东。同时,第二和第三大股东分别持有流通股的5.8%和5.1%。
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
经过我们的所有权数据研究,我们发现前25位股东共同拥有不到50%的股份,表明没有任何个人拥有多数利益。
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 German American Bancorp
德美银行内部股权所有权
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.
公司内部人员的定义可能是主观的,并在不同的司法管辖区之间有所不同。我们的数据反映了个人内部人员,至少包括董事会成员。管理层最终向董事会负责。然而,经理们成为执行董事会成员并不罕见,尤其是如果他们是创始人或首席执行官。
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
我通常认为内部人士持股是一件好事。但是,在某些情况下,它会使其他股东更难以对董事会的决定进行问责。
Our most recent data indicates that insiders own some shares in German American Bancorp, Inc.. The insiders have a meaningful stake worth US$62m. 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.
我们最近的数据表明,内部持有德美银行股份。 内部持有者持有价值6,200万美元的股份。 大多数人会将其视为真正的积极因素。 看到内部人员做出这一程度的投资是件好事。 您可以在这里检查,看看这些内部人员最近是否一直在购买。
General Public Ownership
一般大众所有权
With a 43% ownership, the general public, mostly comprising of individual investors, have some degree of sway over German American Bancorp. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
拥有43%的股份,主要由个人投资者组成的普通公众对德美银行具有一定程度的影响力。 尽管这个团体不一定能左右局面,但它确实可以对公司的运行产生实际影响。
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.
虽然考虑所有拥有一家公司的群体很重要,但还有其他更重要的因素。
I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free.
我喜欢深入了解一家公司过去的表现。您可以免费访问该互动图表,了解其过去的盈利、营业收入和现金流。
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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