Institutional Owners May Take Dramatic Actions as Algoma Steel Group Inc.'s (NASDAQ:ASTL) Recent 7.4% Drop Adds to One-year Losses
Institutional Owners May Take Dramatic Actions as Algoma Steel Group Inc.'s (NASDAQ:ASTL) Recent 7.4% Drop Adds to One-year Losses
Key Insights
關鍵見解
- Institutions' substantial holdings in Algoma Steel Group implies that they have significant influence over the company's share price
- A total of 11 investors have a majority stake in the company with 51% ownership
- Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
- 機構在Algoma Steel Group的大量持股意味着它們對公司的股價有重大影響
- 共有11名投資者擁有該公司的多數股權,擁有51%的所有權
- 使用分析師預測的數據以及所有權研究,可以更好地評估公司的未來表現
To get a sense of who is truly in control of Algoma Steel Group Inc. (NASDAQ:ASTL), it is important to understand the ownership structure of the business. With 53% 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).
要了解誰真正控制了Algoma Steel Group Inc.(納斯達克股票代碼:ASTL),瞭解企業的所有權結構非常重要。機構擁有53%的股份,擁有公司的最大股份。也就是說,如果股票上漲,該集團將受益最大(如果出現下跌,則損失最大)。
And institutional investors endured the highest losses after the company's share price fell by 7.4% last week. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 27% for shareholders. Also referred to as "smart money", institutions have a lot of sway over how a stock's price moves. As a result, if the decline continues, institutional investors may be pressured to sell Algoma Steel Group which might hurt individual investors.
上週該公司股價下跌7.4%之後,機構投資者遭受了最大的損失。這部分投資者可能特別擔心目前的虧損,這使股東一年的虧損增加了27%。也被稱爲 “智能貨幣”,機構對股票價格的走勢有很大的影響力。因此,如果繼續下跌,機構投資者可能會被迫出售Algoma Steel Group,這可能會傷害個人投資者。
Let's delve deeper into each type of owner of Algoma Steel Group, beginning with the chart below.
讓我們從下圖開始,更深入地研究Algoma Steel Group的每種類型的所有者。
See our latest analysis for Algoma Steel Group
查看我們對 Algoma Steel Group 的最新分析
![ownership-breakdown](https://usnewsfile.moomoo.com/pic/0-e08840a28a4f7c1e6ef47b17ad5a96ab-0-64ce39aa7b06729cd508a86a6634c386.png/big)
What Does The Institutional Ownership Tell Us About Algoma Steel Group?
關於Algoma Steel Group,機構所有權告訴我們甚麼?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
許多機構根據近似於當地市場的指數來衡量自己的表現。因此,他們通常會更多地關注主要指數中包含的公司。
Algoma Steel Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. 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 Algoma Steel Group's earnings history below. Of course, the future is what really matters.
Algoma Steel Group已經在股票登記處設立了機構。事實上,他們擁有該公司可觀的股份。這表明專業投資者有一定的信譽。但是我們不能僅僅依靠這一事實,因爲機構有時會像所有人一樣進行不良投資。如果多家機構同時改變對股票的看法,你可能會看到股價迅速下跌。因此,值得在下面查看Algoma Steel Group的收益歷史。當然,未來才是真正重要的。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/pic/0-e08840a28a4f7c1e6ef47b17ad5a96ab-1-b8d1e1357f795d1a4c3332bda7537d9d.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. It looks like hedge funds own 12% of Algoma Steel Group shares. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Our data shows that Bain Capital, LP is the largest shareholder with 14% of shares outstanding. Donald Smith & Co., Inc. is the second largest shareholder owning 7.0% of common stock, and Maple Rock Capital Partners Inc. holds about 6.3% of the company stock.
機構投資者擁有公司50%以上的股份,因此加在一起可能會強烈影響董事會的決策。看來對沖基金擁有阿爾戈馬鋼鐵集團12%的股份。這引起了我的注意,因爲對沖基金有時會試圖影響管理層或帶來能夠爲股東創造短期價值的變革。我們的數據顯示,Bain Capital, LP是最大的股東,已發行股票的14%。唐納德·史密斯公司是第二大股東,擁有7.0%的普通股,而Maple Rock Capital Partners Inc.持有該公司約6.3%的股份。
Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.
從股東登記處來看,我們可以看到51%的所有權由前11名股東控制,這意味着沒有一個股東在所有權中擁有多數股權。
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瞭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 Algoma Steel Group
阿爾戈瑪鋼鐵集團的內部所有權
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
儘管內部人士的確切定義可能是主觀的,但幾乎每個人都認爲董事會成員是內部人士。公司管理層對董事會負責,後者應代表股東的利益。值得注意的是,有時高層管理人員自己也是董事會成員。
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.
我通常認爲內部所有權是一件好事。但是,在某些情況下,這使其他股東更難追究董事會對決策的責任。
Shareholders would probably be interested to learn that insiders own shares in Algoma Steel Group Inc.. It has a market capitalization of just US$712m, and insiders have US$45m worth of shares, in their own names. This shows at least some alignment. You can click here to see if those insiders have been buying or selling.
股東們可能會有興趣得知內部人士擁有Algoma Steel Group Inc的股份。它的市值僅爲7.12億美元,內部人士以自己的名義持有價值4500萬美元的股票。這至少顯示出一定的對齊情況。你可以點擊這裏查看那些內部人士是否在買入或賣出。
General Public Ownership
一般公有制
With a 14% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Algoma Steel Group. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
公衆擁有14%的所有權,主要由個人投資者組成,對Algoma Steel Group有一定程度的影響力。儘管這個團體不一定能做主,但它肯定會對公司的運營方式產生真正的影響。
Private Equity Ownership
私募股權所有權
With a stake of 14%, private equity firms could influence the Algoma Steel Group board. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public.
私募股權公司持有14%的股份,可以影響Algoma Steel Group董事會。有些人可能會喜歡這樣,因爲私募股權有時是追究管理層責任的活動家。但是其他時候,私募股權在公司上市後會被搶購一空。
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. For instance, we've identified 3 warning signs for Algoma Steel Group (2 make us uncomfortable) that you should be aware of.
雖然值得考慮擁有公司的不同羣體,但還有其他更爲重要的因素。例如,我們已經確定了 Algoma Steel 集團有 3 個警告信號 (2 讓我們感到不舒服),您應該注意。
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.
但歸根結底 這是未來,而不是過去,這將決定這家企業的所有者的表現如何。因此,我們認爲最好看一下這份免費報告,該報告顯示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。
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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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Simply Wall St 的這篇文章本質上是一般性的。 我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章無意提供財務建議。 它不構成買入或賣出任何股票的建議,也沒有考慮您的目標或財務狀況。我們的目標是爲您提供由基本面數據驅動的長期重點分析。請注意,我們的分析可能未將最新的價格敏感型公司公告或定性材料考慮在內。簡而言之,華爾街對上述任何股票都沒有頭寸。