Cathay General Ownership
| CATY Stock | USD 37.64 0.47 1.26% |
Shares in Circulation | First Issued 1989-03-31 | Previous Quarter 72.9 M | Current Value 73 M | Avarage Shares Outstanding 54.7 M | Quarterly Volatility 21.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Cathay |
Cathay Stock Ownership Analysis
About 75.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cathay General Bancorp has Price/Earnings To Growth (PEG) ratio of 2.08. The entity last dividend was issued on the 27th of February 2024. The firm had 2:1 split on the 29th of September 2004. Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company was founded in 1962 and is headquartered in Los Angeles, California. Cathay Genl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1156 people. For more info on Cathay General Bancorp please contact Dunson Cheng at 213 625 4700 or go to https://www.cathaygeneralbancorp.com.Besides selling stocks to institutional investors, Cathay General also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Cathay General's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Cathay General's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Cathay General Quarterly Liabilities And Stockholders Equity |
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Cathay General Insider Trades History
About 6.0% of Cathay General Bancorp are currently held by insiders. Unlike Cathay General's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Cathay General's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Cathay General's insider trades
Cathay Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cathay General is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cathay General Bancorp backward and forwards among themselves. Cathay General's institutional investor refers to the entity that pools money to purchase Cathay General's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lsv Asset Management | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 1 M | Bank Of New York Mellon Corp | 2023-12-31 | 900.7 K | American Century Companies Inc | 2023-12-31 | 868.5 K | First Trust Advisors L.p. | 2023-12-31 | 861.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 830.1 K | Gw&k Investment Management, Llc | 2023-12-31 | 798.8 K | Norges Bank | 2023-12-31 | 775.5 K | Ameriprise Financial Inc | 2023-12-31 | 755.4 K | Blackrock Inc | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 8.3 M |
Cathay General Bancorp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cathay General insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cathay General's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cathay General insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Richard Sun over a month ago Discretionary transaction by Richard Sun of tradable shares of Cathay General subject to Rule 16b-3 | ||
Peter Wu over three months ago Cathay General exotic insider transaction detected | ||
Peter Wu over six months ago Sale by Peter Wu of 10000 shares of Cathay General | ||
Peter Wu over a year ago Cathay General exotic insider transaction detected |
Cathay General Corporate Filings
10Q | 8th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 22nd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 16th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 11th of April 2024 Other Reports | ViewVerify |
Pair Trading with Cathay General
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cathay General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cathay General will appreciate offsetting losses from the drop in the long position's value.Moving against Cathay Stock
| 0.79 | DB | Deutsche Bank AG Normal Trading | PairCorr |
| 0.76 | TECTP | Tectonic Financial | PairCorr |
| 0.62 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Cathay General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathay General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cathay General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cathay General Bancorp to buy it.
The correlation of Cathay General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cathay General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cathay General Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cathay General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.
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Is Cathay General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cathay General. If investors know Cathay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cathay General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1.36 | Earnings Share 4.52 | Revenue Per Share 10.45 | Quarterly Revenue Growth (0.13) |
The market value of Cathay General Bancorp is measured differently than its book value, which is the value of Cathay that is recorded on the company's balance sheet. Investors also form their own opinion of Cathay General's value that differs from its market value or its book value, called intrinsic value, which is Cathay General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cathay General's market value can be influenced by many factors that don't directly affect Cathay General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cathay General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.