K Bro Ownership

KBL Stock  CAD 36.96  0.02  0.05%   
The market capitalization of K Bro Linen is C$363.6 Million. 30% of K Bro Linen outstanding shares are owned by institutions. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Hence, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the entity is less than the current market value, you may not be able generate positive returns on investment in the long run.
 
Shares in Circulation  
First Issued
2006-03-31
Previous Quarter
10.6 M
Current Value
10.5 M
Avarage Shares Outstanding
8.3 M
Quarterly Volatility
1.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as K Bro in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of K Bro, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, K Bro's Dividend Yield is very stable compared to the past year. As of the 22nd of November 2024, Dividend Payout Ratio is likely to grow to 1.11, while Dividends Paid is likely to drop about 10.3 M. As of the 22nd of November 2024, Net Income Applicable To Common Shares is likely to grow to about 6.8 M, while Common Stock Shares Outstanding is likely to drop about 8.9 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K Bro Linen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

KBL Stock Ownership Analysis

About 34.0% of the company shares are owned by institutional investors. The book value of K Bro was now reported as 16.99. The company has Price/Earnings To Growth (PEG) ratio of 2.32. K Bro Linen last dividend was issued on the 29th of November 2024. K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada. KBRO LINEN operates under Specialty Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 2700 people. To find out more about K Bro Linen contact Linda McCurdy at 780 453 5218 or learn more at https://www.k-brolinen.com.

K Bro Outstanding Bonds

K Bro issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. K Bro Linen uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most KBL bonds can be classified according to their maturity, which is the date when K Bro Linen has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with K Bro

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 K Bro 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 K Bro will appreciate offsetting losses from the drop in the long position's value.

Moving against KBL Stock

  0.37FFH Fairfax FinancialPairCorr
The ability to find closely correlated positions to K Bro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K Bro 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 K Bro - 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 K Bro Linen to buy it.
The correlation of K Bro 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 K Bro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K Bro Linen 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 K Bro 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 CorrelationCorrelation Matching

Other Information on Investing in KBL Stock

K Bro financial ratios help investors to determine whether KBL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KBL with respect to the benefits of owning K Bro security.