Westlake Chemical Partners Stock Shares Owned By Institutions

WLKP Stock

USD 23.37 0.30 1.30%

Westlake Chemical Partners fundamentals help investors to digest information that contributes to Westlake Chemical's financial success or failures. It also enables traders to predict the movement of Westlake Stock. The fundamental analysis module provides a way to measure Westlake Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westlake Chemical stock.

Short Long Term Debt Total Total Assets

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Westlake Chemical Partners Company Shares Owned By Institutions Analysis

Westlake Chemical's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Shares Held by Institutions

Funds and Banks

+

Firms

More About Shares Owned By Institutions | All Equity Analysis

Current Westlake Chemical Shares Owned By Institutions

33.75 %

Most of Westlake Chemical's fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westlake Chemical Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Westlake Shares Owned By Institutions Driver Correlations

Understanding the fundamental principles of building solid financial models for Westlake Chemical is extremely important. It helps to project a fair market value of Westlake Stock properly, considering its historical fundamentals such as Shares Owned By Institutions. Since Westlake Chemical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westlake Chemical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westlake Chemical's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Current Deferred Revenue	Deferred Long Term Liab	Short Long Term Debt	Short Term Debt	Long Term Debt Total	Long Term Investments	Net Invested Capital	Net Working Capital
Total Assets		0.9	0.74	-0.83	0.89	0.72	-0.22	-0.14	0.79	0.86	0.71	0.97	0.82	-0.29	-0.32	0.92	0.92	0.51	-0.86	-0.24	-0.14
Total Stockholder Equity	0.9		0.47	-0.96	0.72	0.62	-0.1	-0.46	0.73	0.97	0.6	0.89	0.7	-0.31	-0.33	0.79	0.79	0.37	-0.71	-0.14	-0.01
Net Debt	0.74	0.47		-0.42	0.87	0.77	-0.12	0.43	0.66	0.42	0.5	0.71	0.83	-0.03	-0.06	0.82	0.82	0.68	-0.83	-0.15	0.01
Accounts Payable	-0.83	-0.96	-0.42		-0.7	-0.54	0.19	0.53	-0.62	-0.96	-0.5	-0.87	-0.7	0.33	0.33	-0.76	-0.76	-0.35	0.68	0.19	-0.02
Long Term Debt	0.89	0.72	0.87	-0.7		0.62	-0.22	0.16	0.65	0.72	0.48	0.91	0.85	-0.26	-0.26	0.95	0.95	0.69	-0.84	-0.17	-0.11
Net Receivables	0.72	0.62	0.77	-0.54	0.62		-0.12	-0.02	0.88	0.57	0.79	0.66	0.82	-0.16	-0.22	0.73	0.73	0.23	-0.86	-0.18	0.05
Good Will	-0.22	-0.1	-0.12	0.19	-0.22	-0.12		0.32	-0.23	-0.13	-0.28	-0.26	-0.27	0.52	0.51	-0.27	-0.27	0.27	0.41	0.91	0.73
Total Liab	-0.14	-0.46	0.43	0.53	0.16	-0.02	0.32		-0.14	-0.48	-0.24	-0.18	-0.03	0.33	0.32	0.01	0.01	0.47	0.06	0.35	0.14
Total Current Assets	0.79	0.73	0.66	-0.62	0.65	0.88	-0.23	-0.14		0.66	0.74	0.7	0.69	-0.46	-0.53	0.77	0.77	0.18	-0.8	-0.32	-0.12
Intangible Assets	0.86	0.97	0.42	-0.96	0.72	0.57	-0.13	-0.48	0.66		0.61	0.89	0.72	-0.36	-0.37	0.81	0.81	0.29	-0.71	-0.07	-0.04
Common Stock	0.71	0.6	0.5	-0.5	0.48	0.79	-0.28	-0.24	0.74	0.61		0.68	0.74	-0.33	-0.37	0.67	0.67	-0.07	-0.78	-0.26	-0.16
Property Plant Equipment	0.97	0.89	0.71	-0.87	0.91	0.66	-0.26	-0.18	0.7	0.89	0.68		0.85	-0.31	-0.32	0.93	0.93	0.49	-0.85	-0.23	-0.11
Net Tangible Assets	0.82	0.7	0.83	-0.7	0.85	0.82	-0.27	-0.03	0.69	0.72	0.74	0.85		-0.19	-0.18	0.91	0.91	0.43	-0.96	-0.23	-0.05
Current Deferred Revenue	-0.29	-0.31	-0.03	0.33	-0.26	-0.16	0.52	0.33	-0.46	-0.36	-0.33	-0.31	-0.19		0.99	-0.38	-0.38	0.28	0.31	0.5	0.27
Deferred Long Term Liab	-0.32	-0.33	-0.06	0.33	-0.26	-0.22	0.51	0.32	-0.53	-0.37	-0.37	-0.32	-0.18	0.99		-0.39	-0.39	0.29	0.33	0.49	0.31
Short Long Term Debt	0.92	0.79	0.82	-0.76	0.95	0.73	-0.27	0.01	0.77	0.81	0.67	0.93	0.91	-0.38	-0.39		1.0	0.5	-0.93	-0.21	-0.14
Short Term Debt	0.92	0.79	0.82	-0.76	0.95	0.73	-0.27	0.01	0.77	0.81	0.67	0.93	0.91	-0.38	-0.39	1.0		0.5	-0.93	-0.21	-0.14
Long Term Debt Total	0.51	0.37	0.68	-0.35	0.69	0.23	0.27	0.47	0.18	0.29	-0.07	0.49	0.43	0.28	0.29	0.5	0.5		-0.36	0.22	0.22
Long Term Investments	-0.86	-0.71	-0.83	0.68	-0.84	-0.86	0.41	0.06	-0.8	-0.71	-0.78	-0.85	-0.96	0.31	0.33	-0.93	-0.93	-0.36		0.37	0.23
Net Invested Capital	-0.24	-0.14	-0.15	0.19	-0.17	-0.18	0.91	0.35	-0.32	-0.07	-0.26	-0.23	-0.23	0.5	0.49	-0.21	-0.21	0.22	0.37		0.58
Net Working Capital	-0.14	-0.01	0.01	-0.02	-0.11	0.05	0.73	0.14	-0.12	-0.04	-0.16	-0.11	-0.05	0.27	0.31	-0.14	-0.14	0.22	0.23	0.58

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Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Competition

Predict Westlake Chemical

Based on the latest financial disclosure, 33.75% of Westlake Chemical Partners are shares owned by institutions. This is 22.15% higher than that of the Chemicals sector and 47.06% lower than that of the Materials industry. The shares owned by institutions for all United States stocks is 13.93% higher than that of the company.

Westlake Shares Owned By Institutions Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westlake Chemical's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westlake Chemical could also be used in its relative valuation, which is a method of valuing Westlake Chemical by comparing valuation metrics of similar companies.

Westlake Chemical is currently under evaluation in shares owned by institutions category among its peers.

Westlake Chemical Current Valuation Drivers

We derive many important indicators used in calculating different scores of Westlake Chemical from analyzing Westlake Chemical's financial statements. These drivers represent accounts that assess Westlake Chemical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Westlake Chemical's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	778.0M	911.2M	839.1M	945.6M	851.1M	616.9M
Enterprise Value	1.2B	1.3B	1.2B	1.3B	1.2B	907.2M

Westlake Chemical ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Westlake Chemical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westlake Chemical's managers, analysts, and investors.

Environmental

Governance

Social

Westlake Fundamentals

	Return On Equity	0.43
	Return On Asset	0.18
	Profit Margin	0.05 %
	Operating Margin	0.37 %
	Current Valuation	1.16 B
	Shares Outstanding	35.24 M
	Shares Owned By Insiders	44.83 %
	Shares Owned By Institutions	33.75 %
	Number Of Shares Shorted	134.49 K
	Price To Earning	12.06 X
	Price To Book	2.97 X
	Price To Sales	0.72 X
	Revenue	1.19 B
	Gross Profit	377.37 M
	EBITDA	472.14 M
	Net Income	54.28 M
	Cash And Equivalents	18.37 M
	Cash Per Share	0.52 X
	Total Debt	399.67 M
	Debt To Equity	0.41 %
	Current Ratio	3.28 X
	Book Value Per Share	14.77 X
	Cash Flow From Operations	452 M
	Short Ratio	6.95 X
	Earnings Per Share	1.75 X
	Price To Earnings To Growth	0.23 X
	Target Price	25.33
	Beta	1.07
	Market Capitalization	823.53 M
	Total Asset	1.32 B
	Retained Earnings	130.58 M
	Working Capital	169.87 M
	Current Asset	225.29 M
	Current Liabilities	57.69 M
	Annual Yield	0.08 %
	Five Year Return	7.60 %
	Net Asset	1.32 B
	Last Dividend Paid	1.89

About Westlake Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westlake Chemical Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westlake Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westlake Chemical Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Westlake Chemical

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 Westlake Chemical 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 Westlake Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Westlake Stock

0.62

Reliance Steel Aluminum

Pair Corr

Moving against Westlake Stock

0.73	BAK	Braskem SA Class	Pair Corr
0.72	PFH	Prudential Financial 4125	Pair Corr
0.68	PKX	POSCO Holdings	Pair Corr
0.62	DOW	Dow Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.58	NEM	Newmont Goldcorp Corp Aggressive Push	Pair Corr

The ability to find closely correlated positions to Westlake Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westlake Chemical 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 Westlake Chemical - 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 Westlake Chemical Partners to buy it.

The correlation of Westlake Chemical 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 Westlake Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westlake Chemical 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 Westlake Chemical 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.

Pair Correlation Correlation Matching

Additional Tools for Westlake Stock Analysis

When running Westlake Chemical's price analysis, check to measure Westlake Chemical'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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.

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