NewJersey Resources Ownership
| NJR Stock | USD 51.04 1.19 2.39% |
Shares in Circulation | First Issued 2009-03-31 | Previous Quarter 99 M | Current Value 99 M | Avarage Shares Outstanding 88.9 M | Quarterly Volatility 5.7 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.
NewJersey |
NewJersey Stock Ownership Analysis
About 75.0% of the company shares are owned by institutional investors. The book value of NewJersey Resources was now reported as 20.4. The company has Price/Earnings To Growth (PEG) ratio of 2.58. NewJersey Resources last dividend was issued on the 11th of December 2024. The entity had 2:1 split on the 4th of March 2015. New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company was incorporated in 1981 and is headquartered in Wall, New Jersey. Newjersey Resources operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 1288 people. To find out more about NewJersey Resources contact George Zoffinger at 732 938 1000 or learn more at https://www.njresources.com.Besides selling stocks to institutional investors, NewJersey Resources 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 NewJersey Resources' 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 NewJersey Resources' 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.
NewJersey Resources Quarterly Liabilities And Stockholders Equity |
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NewJersey Resources Insider Trades History
Less than 1% of NewJersey Resources are currently held by insiders. Unlike NewJersey Resources' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against NewJersey Resources' 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 NewJersey Resources' insider trades
NewJersey Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NewJersey Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NewJersey Resources backward and forwards among themselves. NewJersey Resources' institutional investor refers to the entity that pools money to purchase NewJersey Resources' 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 | Norges Bank | 2024-06-30 | 1.2 M | Northern Trust Corp | 2024-09-30 | 1.1 M | Neuberger Berman Group Llc | 2024-06-30 | 1.1 M | Duff & Phelps Inv Mgmt Co (il) | 2024-06-30 | 875.6 K | Fmr Inc | 2024-09-30 | 810.5 K | Massachusetts Financial Services Company | 2024-09-30 | 807.9 K | Exoduspoint Capital Management, Lp | 2024-09-30 | 752 K | Goldman Sachs Group Inc | 2024-06-30 | 729.7 K | Aqr Capital Management Llc | 2024-06-30 | 618.4 K | Blackrock Inc | 2024-06-30 | 16.6 M | Vanguard Group Inc | 2024-09-30 | 11.5 M |
NewJersey Resources 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 NewJersey Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on NewJersey Resources' 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 NewJersey Resources 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.
NewJersey Resources Outstanding Bonds
NewJersey Resources 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. NewJersey Resources 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 NewJersey bonds can be classified according to their maturity, which is the date when NewJersey Resources 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.
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NewJersey Resources Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of November 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 |
ASR | 25th of September 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
| 20th of June 2024 Other Reports | ViewVerify |
Pair Trading with NewJersey Resources
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 NewJersey Resources 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 NewJersey Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with NewJersey Stock
| 0.77 | NI | NiSource | PairCorr |
| 0.89 | SR | Spire Inc | PairCorr |
| 0.73 | ATO | Atmos Energy | PairCorr |
| 0.94 | BKH | Black Hills | PairCorr |
| 0.94 | CPK | Chesapeake Utilities | PairCorr |
The ability to find closely correlated positions to NewJersey Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewJersey Resources 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 NewJersey Resources - 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 NewJersey Resources to buy it.
The correlation of NewJersey Resources 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 NewJersey Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewJersey Resources 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 NewJersey Resources 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.Additional Tools for NewJersey Stock Analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' 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 NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.