Great Week for Transocean Ltd. (NYSE:RIG) Institutional Investors After Losing 37% Over the Previous Year
Great Week for Transocean Ltd. (NYSE:RIG) Institutional Investors After Losing 37% Over the Previous Year
Key Insights
主要見解
- Significantly high institutional ownership implies Transocean's stock price is sensitive to their trading actions
- The top 8 shareholders own 51% of the company
- Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
- 機構持股比例高意味着Transocean的股價對他們的交易行爲敏感
- 前8大股東擁有該公司的51%。
- 所有權研究和分析師預測數據有助於更好地了解股票市場的機會。
To get a sense of who is truly in control of Transocean Ltd. (NYSE:RIG), it is important to understand the ownership structure of the business. With 75% 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Transocean Ltd.(NYSE:RIG)的真正控制者是誰,重要的是要了解該企業的所有權結構。 機構擁有75%的股份,是公司中持有最多股份的群體。也就是說,如果股價上漲(或者如果出現下滑),這個群體將獲益最多(或者損失最大)。
Institutional investors would appreciate the 4.8% increase in share price last week, given their one-year losses have totalled a disappointing 37%.
機構投資者對上週股價上漲4.8%表示讚賞,因爲他們一年的虧損累計達到了令人失望的37%。
Let's take a closer look to see what the different types of shareholders can tell us about Transocean.
讓我們仔細看看不同類型的股東對Transocean有什麼啓發。
What Does The Institutional Ownership Tell Us About Transocean?
機構投資者持有Transocean的較高比例表明他們對該公司充滿信心,這對專業投資者來說是一個很好的信號。但是,我們不能僅憑這一事實進行判斷,因爲機構有時也會犯錯誤,就像其他人一樣。如果兩大機構投資者同時試圖出售股票,很可能會看到股價大幅下跌。因此,值得注意的是檢查Transocean的過去收益率曲線(如下)。當然,還要考慮其他因素。
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
機構通常在向自己的投資者報告時會針對一個基準進行衡量,因此一旦某隻股票被納入主要指數,他們通常會更加熱衷於該股票。我們預計大多數公司都會有一些機構在登記簿上,尤其是那些正在增長的公司。
Transocean 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Transocean's historic earnings and revenue below, but keep in mind there's always more to the story.
Transocean已經有機構們在其股東名冊上。確實,他們在這家公司持有一定比例的股份。這可能表明該公司在投資社區中具有一定的信譽度。然而,最好謹慎依賴於機構投資者所帶來的所謂驗證。他們有時也會犯錯。當多家機構持有一隻股票時,總是存在它們可能會涉及到'擁擠交易'的風險。當這種交易失敗時,多方可能會競相快速出售股票。在一個沒有成長曆史的公司中,這種風險會更高。您可以在下面看到Transocean的歷史收益和營業收入,但請記住故事還有更多內容。
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Transocean is not owned by hedge funds. Our data shows that Perestroika AS is the largest shareholder with 10% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.4% and 8.1% of the stock. Furthermore, CEO Jeremy Thigpen is the owner of 0.6% of the company's shares.
投資者應該注意,實際上機構擁有公司超過一半的股權,因此他們可以集體行使重要權力。Transocean並不是由對沖基金擁有。我們的數據顯示,Perestroika AS是最大的股東,持有10%的股份。相比之下,第二和第三大股東持有大約8.4%和8.1%的股份。此外,首席執行官Jeremy Thigpen擁有公司股份的0.6%。
On further inspection, we found that more than half the company's shares are owned by the top 8 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.
進一步調查發現,超過一半的Bentley Systems股份歸前8位股東所有,這表明大股東和小股東的利益在一定程度上得到平衡。
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.
我們的數據表明,私人公司持有公司的4.0%的股份。單單從這個事實上很難得出任何結論,因此它值得研究誰擁有這些私人公司。有時內部人或其他相關方通過單獨的私營公司持有上市公司的股份。
Insider Ownership Of Transocean
一般公衆持有Transocean的21%股份。儘管擁有相當數量的股份,但如果決策與其他大股東不一致,則可能不足以改變公司政策。
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
在不同國家,內部人員的定義可能會略有不同,但董事會成員始終是內部人員。管理層最終向董事會負責。然而,如果管理人員是創始人或CEO,那麼成爲執行董事會成員也是很常見的。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
當內部人持股情況表明領導層思考和公司真正所有者一樣時,內部所有權是積極的。然而,高達內部人士所有權也可能爲公司內的小團體帶來巨大的權力。在某些情況下,這可能是負面的。
Shareholders would probably be interested to learn that insiders own shares in Transocean Ltd.. 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$52m worth of shares (at current prices). It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.
股東可能會對得知Transocean Ltd.的內部持股感興趣。 這是一家相當大的公司,因此看到潛在的巨大利益關聯通常是積極的。 在這種情況下,他們持有價值約5200萬美元的股票(按當前價格計算)。 看到這些內部人士投資的水平是一個好現象。 您可以在這裏查看內部人士最近是否一直在買入。
General Public Ownership
一般大衆所有權
With a 13% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Transocean. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
擁有13%股權的普通大衆,主要是由個人投資者構成,對Transocean有一定的影響力。 儘管這個團體不一定能左右決策,但它肯定會對公司的運行產生實質影響。
Private Company Ownership
私有公司的所有權
We can see that Private Companies own 10%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
我們可以看到,私人公司擁有發行股份的10%。光憑這個事實本身很難得出任何結論,所以值得進一步了解誰擁有這些私人公司。有時內部人員或其他相關方通過另一傢俬人公司持有上市公司的股份。
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. For instance, we've identified 1 warning sign for Transocean that you should be aware of.
儘管考慮擁有一家公司的不同群體是值得的,但還有其他更重要的因素。 例如,我們已經確定了您應該注意的transocean的1個警示信號。
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。
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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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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。