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
主要見解
- 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
- 考慮到機構持有該股票的大量持股,美國電力公司的股價可能受到它們交易決策的影響。
- 前25位股東擁有公司的50%股份。
- 分析師預測以及所有者數據可以給我們提供有關業務前景的強烈想法。
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).
爲了了解誰真正掌控了美國電力公司(NASDAQ:AEP),了解企業所有權結構非常重要。 機構持有大量股票,佔據公司的最大股份比例76%。 也就是說,如果股票上漲,該群體將受益最大(或在經濟衰退時虧損最多)。
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.
由於他們擁有的巨額資金和研究能力,機構所有權往往具有很大的影響力,特別是對於個人投資者來說。因此,擁有大量機構資金投資於公司往往被認爲是一種令人嚮往的品質。
In the chart below, we zoom in on the different ownership groups of American Electric Power Company.
下表列出了美國電力公司的不同股權持有人。
![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?
機構持有情況對美國電力公司有何意義?
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.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
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.
美國電力公司的股東中已經包括了機構。 事實上,他們在公司中擁有可觀的股份。這意味着爲這些機構工作的分析師已經研究過該股票並且他們喜歡它。但是,他們也可能會像其他人一樣犯錯。 如果兩個大型機構投資者嘗試同時拋售股票, 普遍存在股價暴跌的問題。所以值得注意的是,還應查看美國電力公司以往的營收收入情況(如下圖所示),當然也要記住需要考慮其他因素。
![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.
由於機構投資者擁有超過股票發行量的一半,董事會可能會關注他們的偏好。 對於美國電力公司,對沖基金沒有持有很多股票。從我們的數據來看,最大的股東是The Vanguard Group,Inc,佔流通股的9.3%。與之相比,第二大和第三大股東持有的股票分別約爲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.
我們的研究表明,前25大股東共控制了公司股份的不到一半,這意味着公司的股份廣泛分散,沒有主導股東。
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.
儘管研究公司機構所有權數據是有意義的,但了解分析師的情緒也很有意義,以了解市場的走向。因爲有很多分析師正在跟蹤這個股票,所以看看他們的預測可能是值得的。
Insider Ownership Of American Electric Power Company
美國電力公司內部持股情況
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.
內部人員的定義在不同國家可能會稍有不同,但董事會成員始終算入其中。公司管理負責經營業務,但即使首席執行官是董事會成員,他或她也必須對董事會負責。
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 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.
我們掌握的信息表明,美國電力公司的內部人士僅擁有該公司不到1%的股份。因爲它是一家大型公司,我們只期望內部人員擁有其一小部分股份。但值得注意的是,他們擁有價值3000萬美元的股票。看到董事會成員擁有股份是好事,但值得注意的是他們是否一直在購買。
General Public Ownership
一般大衆所有權
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.
擁有24%股份的普通公衆,主要包括個人投資者,對美國電力公司具有某種影響力。儘管這種股份可能不足以推動政策決策向他們有利,但仍然可以對公司政策產生集體影響。
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...
雖然考慮公司所有權的不同方面有很大價值,但仍有更重要的因素。請注意,我們的投資分析顯示,美國電力公司存在3個警告信號,其中1個不太讓人滿意。
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.
但最終,決定該業務所有者將獲得多大利益的是未來而非過去。因此,我們認爲最好查看此免費報告,以了解分析師是否預測更光明的未來。
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: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。
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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。