Cathay General Bancorp (NASDAQ:CATY) Is a Favorite Amongst Institutional Investors Who Own 72%
Cathay General Bancorp (NASDAQ:CATY) Is a Favorite Amongst Institutional Investors Who Own 72%
Key Insights
關鍵見解
- Given the large stake in the stock by institutions, Cathay General Bancorp's stock price might be vulnerable to their trading decisions
- 51% of the business is held by the top 11 shareholders
- Insiders have been selling lately
- 鑑於機構持有該股的大量股份,國泰萬通銀行的股價可能容易受到其交易決策的影響
- 51% 的業務由前 11 名股東持有
- 業內人士最近一直在拋售
Every investor in Cathay General Bancorp (NASDAQ:CATY) should be aware of the most powerful shareholder groups. With 72% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
國泰通用銀行(納斯達克股票代碼:CATY)的每位投資者都應該知道最強大的股東群體。機構擁有72%的股份,是公司的最大股份。換句話說,該集團面臨最大的上行潛力(或下行風險)。
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal 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.
由於機構所有者擁有龐大的資源和流動性,他們的投資決策往往具有很大的分量,尤其是對於個人投資者而言。因此,將大量機構資金投資於公司通常被視爲理想的特徵。
Let's delve deeper into each type of owner of Cathay General Bancorp, beginning with the chart below.
讓我們從下圖開始,深入研究國泰通用銀行的每種類型的所有者。
![1724255998544](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240822/42679186-0-b5fe5d7180c12ed9b8e5bbee2af8a183.webp/bigjpg)
What Does The Institutional Ownership Tell Us About Cathay General Bancorp?
關於國泰萬通,機構所有權告訴我們什麼?
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。
We can see that Cathay General Bancorp does have institutional investors; and they hold a good portion of the company's stock. 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 Cathay General Bancorp, (below). Of course, keep in mind that there are other factors to consider, too.
我們可以看到,國泰通用銀行確實有機構投資者;他們持有該公司很大一部分股票。這可能表明該公司在投資界具有一定程度的信譽。但是,最好謹慎地依賴機構投資者所謂的驗證。他們有時也會弄錯。如果兩個大型機構投資者試圖同時拋售股票,股價大幅下跌的情況並不少見。因此,值得查看國泰通用銀行過去的收益軌跡(見下文)。當然,請記住,還有其他因素需要考慮。
![1724255999887](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240822/42679186-1-7e7f1f4908827fdd0fab9fe626fa860c.webp/bigjpg)
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 Cathay General Bancorp. The company's largest shareholder is BlackRock, Inc., with ownership of 15%. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 5.8% by the third-largest shareholder.
投資者應注意,機構實際上擁有公司一半以上的股份,因此它們可以共同行使巨大的權力。對沖基金在國泰萬通銀行的股份不多。該公司的最大股東是貝萊德公司,所有權爲15%。就背景而言,第二大股東持有約11%的已發行股份,其次是第三大股東持有5.8%的所有權。
A closer look at our ownership figures suggests that the top 11 shareholders have a combined ownership of 51% implying that no single shareholder has a majority.
仔細觀察我們的所有權數據就會發現,前11名股東的合併所有權爲51%,這意味着沒有一個股東擁有多數股東。
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
雖然研究公司的機構所有權可以爲您的研究增加價值,但研究分析師的建議以更深入地了解股票的預期表現也是一種好做法。有不少分析師報道了該股,因此你可以很容易地研究預測的增長。
Insider Ownership Of Cathay General Bancorp
國泰通用銀行的內部所有權
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.
不同國家對內部人員的定義可能略有不同,但董事會成員總是計算在內。公司管理層經營業務,但首席執行官將向董事會負責,即使他或她是董事會成員。
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,因爲這可能表明董事會與其他股東關係良好。但是,在某些情況下,過多的權力集中在該群體中。
We can report that insiders do own shares in Cathay General Bancorp. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around US$142m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.
我們可以報告說,內部人士確實擁有國泰通用銀行的股份。這是一家相當大的公司,因此看到一些可能有意義的調整通常是積極的。在這種情況下,他們擁有價值約1.42億美元的股票(按當前價格計算)。如果您想探討內幕調整問題,可以點擊此處查看內部人士是否在買入或賣出。
General Public Ownership
一般公有制
With a 23% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Cathay General Bancorp. 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.
國泰通用銀行擁有23%的所有權,主要由個人投資者組成的公衆對國泰通用銀行擁有一定程度的影響力。儘管這種所有權規模可能不足以影響對他們有利的政策決定,但它們仍然可以對公司政策產生集體影響。
Next Steps:
後續步驟:
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. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Cathay General Bancorp (of which 1 can't be ignored!) you should know about.
我覺得看看究竟誰擁有一家公司非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。比如風險。每家公司都有它們,我們已經發現了國泰通用銀行的兩個警告標誌(其中一個不容忽視!)你應該知道。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果你想了解分析師對未來增長的預測,千萬不要錯過這份關於分析師預測的免費報告。
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.
對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接聯繫我們。或者,也可以發送電子郵件至編輯團隊 (at) simplywallst.com。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。