With 79% Institutional Ownership, HP Inc. (NYSE:HPQ) Is a Favorite Amongst the Big Guns
With 79% Institutional Ownership, HP Inc. (NYSE:HPQ) Is a Favorite Amongst the Big Guns
Key Insights
主要见解
- Given the large stake in the stock by institutions, HP's stock price might be vulnerable to their trading decisions
- A total of 21 investors have a majority stake in the company with 50% ownership
- Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
- 考虑到机构在该股票中拥有大量持股,惠普的股价可能会受到它们的交易决策的影响。
- 共有21名投资者持有该公司的大部分股权,占有50%的所有权
- 所有权研究和分析师预测数据有助于更好地了解股票市场的机会。
To get a sense of who is truly in control of HP Inc. (NYSE:HPQ), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 79% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
为了了解谁真正掌控惠普(NYSE:HPQ),了解业务的所有权结构很重要。我们可以看到,机构在公司拥有79%的所有权。换句话说,该集团在公司的投资中获得或损失最多。
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. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.
由于机构股东拥有巨大的资源池和流动资金,他们的投资决策往往承载着很大的权重,特别是对个人投资者来说。因此,机构投入该公司的资金通常是对其未来的极大信心。
In the chart below, we zoom in on the different ownership groups of HP.
下面的图表展示了惠普的不同所有权组。
![big](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240812/0-a68cb303cce560fcf4ca1cd6a5406bac-0-4e301df7457cda464232dcde772e7f9a.png/big)
What Does The Institutional Ownership Tell Us About HP?
机构持股情况对惠普有何影响?
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.
机构通常在向自己的投资者报告时会针对一个基准进行衡量,因此一旦某只股票被纳入主要指数,他们通常会更加热衷于该股票。我们预计大多数公司都会有一些机构在登记簿上,尤其是那些正在增长的公司。
As you can see, institutional investors have a fair amount of stake in HP. 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 HP's historic earnings and revenue below, but keep in mind there's always more to the story.
正如您所见,机构投资者在惠普有相当大的利益。这可能表明该公司在投资社区中具有一定的信誉度。然而,最好不要依赖于机构投资者所谓的验证。他们有时也会犯错误。当多个机构拥有一只股票时,总会存在一个“拥挤”的交易风险。当这样的交易出现问题时,多个方将竞相快速抛售股票。在一个没有增长历史的公司中,这种风险更高。您可以在下面看到惠普的历史收入和营业收入,但请记住,故事总是更加复杂。
![big](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240812/0-a68cb303cce560fcf4ca1cd6a5406bac-1-9df40dac00fa075b9f710388cb65442c.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. HP is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 12% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.9% and 4.6%, of the shares outstanding, respectively.
机构投资者拥有该公司50%以上的股份,因此共同可以强烈影响董事会决策。惠普并非由对冲基金拥有。通过查看我们的数据,可以看到最大的股东是The Vanguard Group,Inc.,其持有12%的流通股。同时,第二和第三大股东分别持有流通股的9.9%和4.6%。
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 21 shareholders, meaning that no single shareholder has a majority interest in the ownership.
抚顺特钢股份有限公司内部所有权49.99%由前21名股东控制。
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. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
研究机构所有权是衡量和过滤股票预期表现的好方法。通过研究分析师的情绪也可以实现同样的目的。由于有相当数量的分析师涵盖这支股票,因此了解他们对未来的整体看法可能会有所帮助。
Insider Ownership Of HP
惠普的内部所有权
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.
公司内部人员的定义可能是主观的,并在不同的司法管辖区之间有所不同。我们的数据反映了个人内部人员,至少包括董事会成员。管理层最终向董事会负责。然而,经理们成为执行董事会成员并不罕见,尤其是如果他们是创始人或首席执行官。
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 most recent data indicates that insiders own less than 1% of HP Inc.. 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$66m worth of shares. Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
我们最近的数据表明,内部人员拥有惠普股票不到1%。由于这是一家大公司,我们只预计内部人员拥有其中的一小部分。但值得注意的是,他们拥有价值6600万美元的股票。可以点击此处查看内幕人士是否一直在购买或出售。
General Public Ownership
一般大众所有权
The general public, who are usually individual investors, hold a 21% stake in HP. 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.
通常是个人投资者的公众拥有惠普公司21%的股份。虽然这种所有权可能不足以在公司的政策决策中占据优势地位,但他们仍然可以对公司政策产生集体影响。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand HP better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for HP (of which 1 can't be ignored!) you should know about.
始终要考虑在公司中持有股份的不同群体。但为了更好地了解惠普,我们需要考虑许多其他因素。例如风险。每个公司都有风险,我们已经看到惠普的3个警示信号(其中1个不能被忽视!),您应该知道。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最终,未来最重要。您可以在这份关于该公司分析师预测的免费报告中获取有关信息。
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.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@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。