Recent Uptick Might Appease Wharf Real Estate Investment Company Limited (HKG:1997) Institutional Owners After Losing 45% Over the Past Year
Recent Uptick Might Appease Wharf Real Estate Investment Company Limited (HKG:1997) Institutional Owners After Losing 45% Over the Past Year
Key Insights
主要见解
- Given the large stake in the stock by institutions, Wharf Real Estate Investment's stock price might be vulnerable to their trading decisions
- The top 2 shareholders own 52% of the company
- Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
- 由于机构在该股票中持有大量股份,和记地产投资的股票价格可能容易受到它们的买卖决策的影响
- 前2名股东拥有该公司的52%。
- 分析师预测以及所有者数据可以给我们提供有关业务前景的强烈想法。
To get a sense of who is truly in control of Wharf Real Estate Investment Company Limited (HKG:1997), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are institutions with 65% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
了解某公司的所有权结构很重要,以便知道谁真正掌握着和记地产投资有限公司(HKG:1997)的控制权。拥有该公司的最大股份57%的是机构股东,也就是说,如果这些股东决定买入或卖出该公司的股票,他们将获得最大的收益(或亏损)。
Last week's HK$2.6b market cap gain would probably be appreciated by institutional investors, especially after a year of 45% losses.
经过一年的45%亏损后,和记地产投资上周的市值增长26亿港元可能会受到机构投资者的欢迎。
Let's delve deeper into each type of owner of Wharf Real Estate Investment, beginning with the chart below.
现在我们来深入了解和记地产投资的每种所有类型,首先看下方的图表。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-4e70ab048f216bf7d270645b95f2f680-0-48a3bbe980e339146825b0abe1b0a617.png/big)
What Does The Institutional Ownership Tell Us About Wharf Real Estate Investment?
机构股权告诉我们关于和记地产投资的什么信息?
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.
许多机构衡量其业绩的标准是一个近似于当地市场的指数。因此,他们通常更加关注包括在主要指数中的公司。
We can see that Wharf Real Estate Investment 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Wharf Real Estate Investment's earnings history below. Of course, the future is what really matters.
我们可以看到,和记地产投资确实拥有机构投资者,而且他们持有公司的相当大部分的股票。这说明公司在投资社区中享有一定的信誉度。然而,依赖机构投资者的所谓认可,最好还是小心谨慎。他们也有时会犯错。如果多个机构同时改变他们对股票的看法,你可能会看到在股票价格飞速下跌。因此,值得看看和记地产投资的盈利历史,当然,未来才是真正重要的。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-4e70ab048f216bf7d270645b95f2f680-1-320e53f1a1e2f77a46fcfe417c0e4365.png/big)
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Wharf Real Estate Investment is not owned by hedge funds. Wheelock and Company Limited is currently the company's largest shareholder with 47% of shares outstanding. In comparison, the second and third largest shareholders hold about 4.9% and 4.2% of the stock.
由于机构投资者拥有超过一半的流通股份,董事会可能会注意到他们的首选股票。和记地产投资不受投机基金的拥有。现时,Wheelock & Company Limited持有该公司的最大股份,占已发行股份的47%。相比之下,第二和第三大股东持有约4.9%和4.2%的股份。
To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
为了使我们的研究更有趣,我们发现前2名股东拥有该公司的大部分所有权,这意味着他们足够强大,可以影响公司的决策。
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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
尽管研究公司的机构所有权可以为您的研究增加价值,但研究分析师的建议也是一个好习惯,以深入了解股票的预期表现。有许多分析师对这支股票进行了覆盖,因此了解他们的预测可能值得一试。
Insider Ownership Of Wharf Real Estate Investment
和记地产投资的内部持股情况
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.
虽然内部人员的具体定义可能是主观的,但几乎所有人都认为董事会成员是内部人员。公司管理层应向董事会回答问题,后者应代表股东的利益。值得注意的是,有时高层管理人员也会成为董事会成员。
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.
当内部人持股情况表明领导层思考和公司真正所有者一样时,内部所有权是积极的。然而,高达内部人士所有权也可能为公司内的小团体带来巨大的权力。在某些情况下,这可能是负面的。
Our information suggests that Wharf Real Estate Investment Company Limited insiders own under 1% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own HK$37m of stock. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我们的信息显示,和记地产投资公司的内部人员拥有该公司的股份不到1%。但是他们可能通过我们没有披露的公司结构具有间接利益。由于公司规模很大,我们不会期望内部人员拥有大量股份。他们共持有3700万港元的股票。公司董事拥有股份是很好的,但最好检查这些内部人员是否一直在购买股票。
General Public Ownership
一般大众所有权
The general public, who are usually individual investors, hold a 34% stake in Wharf Real Estate Investment. 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.
通常是个人投资者的公众拥有和记地产投资34%的股份。即使股权相当大,如果决策与其他大股东不同,它可能不足以改变公司的政策。
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 example, we've discovered 2 warning signs for Wharf Real Estate Investment that you should be aware of before investing here.
虽然考虑拥有公司的不同股东极其重要,但还有其他更重要的因素。例如,我们在此发现了有关和记地产投资的2个警示标志,在进行投资之前,您应该认真研究这些标志。
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
如果您像我一样,可能希望考虑这家公司是否会增长或缩小。幸运的是,您可以查看此免费报告,显示分析师对其未来的预测。
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:本文中的数据是使用最后一个财务报表日期结束的为期12个月的数据计算的。这可能与全年年度报告数据不一致。
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.
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。