Institutions' substantial holdings in Annaly Capital Management implies that they have significant influence over the company's share price
The top 25 shareholders own 40% of the company
Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
A look at the shareholders of Annaly Capital Management, Inc. (NYSE:NLY) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 52% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
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. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.
In the chart below, we zoom in on the different ownership groups of Annaly Capital Management.
What Does The Institutional Ownership Tell Us About Annaly Capital Management?
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.
Annaly Capital Management 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 Annaly Capital Management, (below). Of course, keep in mind that there are other factors to consider, too.
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Annaly Capital Management is not owned by hedge funds. Our data shows that BlackRock, Inc. is the largest shareholder with 11% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.8% and 3.4%, of the shares outstanding, respectively.
A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
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.
Insider Ownership Of Annaly Capital Management
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
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.
Our information suggests that Annaly Capital Management, Inc. insiders own under 1% of the company. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$13m worth of shares (at current prices). Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a 47% stake in Annaly Capital Management. 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.
Next Steps:
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. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Annaly Capital Management (at least 2 which are a bit concerning) , and understanding them should be part of your investment process.
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.
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.
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.
キーインサイト
Annaly Capital Managementの機関投資家の大口株主株式の保有は、同社の株価に対して重要な影響力を持っていることを意味しています。
上位25株主は企業の40%を所有しています
アナリスト予測と所有データは、ビジネスの見通しについて強いアイデアを与えます。
Annaly Capital Management, Inc. (NYSE:NLY)の株主を調べると、どのグループが最も強力かがわかります。そして、もっとも大きなシェアを持つグループは機関投資家で、所有率は52%です。言い換えれば、これらのグループは最大のアップサイドポテンシャル(またはダウンサイドリスク)に直面しています。
Annaly Capital Managementは既に機関投資家を株主名簿に有しています。実際、彼らは会社の尊敬できる保有分を所有しています。これは、投資コミュニティで一定の信頼性を持つことを示している可能性があります。ただし、機関投資家とともに、場合によっては間違いも犯しますので注意が必要です。同時に2つの大手機関投資家が株式を売却しようとする場合、株価の大幅な下落が見られることは珍しくありません。したがって、Annaly Capital Managementの過去の利益推移を確認する価値があります。もちろん、考慮すべき他の要素もあることを忘れないでください。
機関投資家は企業の50%以上を所有しており、それらが一緒になると、取締役会の意思決定に強い影響を与える可能性があります。Annaly Capital Managementはヘッジファンドによって所有されていません。私たちのデータによると、BlackRock, Inc.が11%の株式を保有しており、最大の株主です。同時に、2番目と3番目に大きな株主はそれぞれ、9.8%、3.4%の株式を保有しています。
弊社の情報によれば、Annaly Capital Management, Inc.の内部者は企業の1%未満を所有しています。非常に大きな企業なので、内部者が企業の大部分を所有しているのは驚くべきことです。彼らの保有分は1%未満ですが、取締役会メンバーが現在の価格で1,300万ドル相当の株式を共同所有していることがわかります。われわれは最近の買い物や売り物も同じくらい重要だと考えています。こちらをクリックして内部者が買い物をしたり売り物をしたりしているかを確認できます。
一般市民の所有
通常個人投資家である一般の投資家は、Annaly Capital Managementの47%を保有しています。この所有割合では政策決定に影響を与えるほど十分ではありませんが、企業の方針にはまだ共同で影響を与えることができます。
次のステップ:
企業の所有者を具体的に調べることは非常に興味深いと思います。しかし、真の洞察を得るためには、他の情報も考慮する必要があります。投資リスクの常に存在する影響も考慮してください。Annaly Capital Managementでは3つの警告サインを特定しました(少なくとも2つはやや懸念すべきものです)。これらを理解することは投資プロセスの一部であるべきです。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。