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ARMOUR Residential REIT, Inc. (NYSE:ARR) Institutional Owners May Be Pleased With Recent Gains After 6.0% Loss Over the Past Year

ARMOUR Residential REIT, Inc. (NYSE:ARR) Institutional Owners May Be Pleased With Recent Gains After 6.0% Loss Over the Past Year

紐交所持有的ARMOUR住宅房地產投資信託公司(ARMOUR Residential REIT, Inc.)機構投資者可能對近期收益感到滿意,因爲過去一年以來損失了6.0%。
Simply Wall St ·  06/06 08:29

Key Insights

主要見解

  • Significantly high institutional ownership implies ARMOUR Residential REIT's stock price is sensitive to their trading actions
  • The top 25 shareholders own 47% of the company
  • Recent purchases by insiders
  • 高比例的機構持股意味着ARMOUR Residential REIT的股價對於他們的交易行爲非常敏感。
  • 前25大股東擁有該公司47%的股份。
  • 最近有內部人員購買。

To get a sense of who is truly in control of ARMOUR Residential REIT, Inc. (NYSE:ARR), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 52% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

要了解ARMOUR Residential REIT, Inc. (NYSE:ARR)真正的控制者是誰,了解業務的所有權結構就變得非常重要。我們可以看到,機構擁有公司的大部分股份,佔總股本的52%。換句話說,該團隊面臨着最大的上行潛力(或下行風險)。

After a year of 6.0% losses, last week's 5.6% gain would be welcomed by institutional investors as a possible sign that returns might start trending higher.

經歷了一年的6.0%虧損之後,上週的5.6%漲幅可能會讓機構投資者欣喜不已,因爲這表示回報率可能開始上升。

In the chart below, we zoom in on the different ownership groups of ARMOUR Residential REIT.

在下圖中,我們放大了ARMOUR Residential REIT的不同所有權群體。

ownership-breakdown
NYSE:ARR Ownership Breakdown June 6th 2024
NYSE:ARR所有權細分2024年6月6日

What Does The Institutional Ownership Tell Us About ARMOUR Residential REIT?

機構持股告訴我們什麼關於ARMOUR Residential REIT?

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.

許多機構衡量其業績的標準是一個近似於當地市場的指數。因此,他們通常更加關注包括在主要指數中的公司。

ARMOUR Residential REIT already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 ARMOUR Residential REIT, (below). Of course, keep in mind that there are other factors to consider, too.

ARMOUR Residential REIT已經有機構投資者的股東名冊。實際上,他們在該公司擁有可觀的股份。這表明該公司在投資社區具有一定的信譽度。然而,最好還是對於依賴機構投資者所帶來的所謂驗證持謹慎的態度。他們也有時會犯錯。如果兩個大型機構投資者同時嘗試拋售股票,股價大幅下降並不罕見。因此,值得注意的是,過去的ARMOUR Residential REIT業績軌跡(如下圖所示)。當然,也要注意到還有其他要考慮的因素。

earnings-and-revenue-growth
NYSE:ARR Earnings and Revenue Growth June 6th 2024
NYSE:ARR收益和營業收入增長2024年6月6日

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in ARMOUR Residential REIT. The company's largest shareholder is BlackRock, Inc., with ownership of 18%. Meanwhile, the second and third largest shareholders, hold 11% and 3.7%, of the shares outstanding, respectively.

投資者應該注意到,機構實際上擁有超過該公司的一半股份,因此他們可以集體行使重要權力。對於ARMOUR Residential REIT來說,對沖基金持有的股份不多。該公司最大的股東是BlackRock, Inc.,擁有18%的股份。同時,第二和第三大股東分別持有該公司已發行股份的11%和3.7%。

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.

經過我們的所有權數據研究,我們發現前25位股東共同擁有不到50%的股份,表明沒有任何個人擁有多數利益。

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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

研究機構持股情況是衡量和篩選股票預期表現的好方法。通過研究分析師的情緒也可以取得相同的結果。相當多的分析師涵蓋了這筆股票,所以你可以很容易地調查預測增長。

Insider Ownership Of ARMOUR Residential REIT

ARMOUR Residential REIT內部持股情況

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.

雖然內部人員的具體定義可能是主觀的,但幾乎所有人都認爲董事會成員是內部人員。公司管理層應向董事會回答問題,後者應代表股東的利益。值得注意的是,有時高層管理人員也會成爲董事會成員。

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 information suggests that ARMOUR Residential REIT, Inc. insiders own under 1% of the company. It appears that the board holds about US$5.2m worth of stock. This compares to a market capitalization of US$943m. Many investors in smaller companies prefer to see the board more heavily invested. You can click here to see if those insiders have been buying or selling.

我們的信息表明,ARMOUR Residential REIT, Inc.內部人士擁有該公司不到1%的股份。董事會持有約520萬美元的股票。這與市值達到9.43億美元相比較。在較小的公司中,許多投資者更喜歡看到董事會更重視投資。您可以單擊此處查看這些內部人士是否一直在購買或出售。

General Public Ownership

一般大衆所有權

The general public-- including retail investors -- own 47% 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.

普通公衆,包括散戶投資者,持有公司47%的股份,因此不能被輕易忽視。雖然佔有大量股份,但如果決策不符合其他大股東的意願,則這種所有權規模可能不足以改變公司政策。

Next Steps:

下一步:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For instance, we've identified 2 warning signs for ARMOUR Residential REIT that you should be aware of.

我非常有興趣了解到底誰擁有一家公司。但是,爲了真正獲得內幕,我們需要考慮其他信息。例如,我們已經確定了關於ARMOUR Residential REIT的2個警示信號,您需要了解這些信息。

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

最終,未來最重要。您可以在這份關於該公司分析師預測的免費報告中獲取有關信息。

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。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) 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。

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