Spire Ownership
| SR Stock | USD 70.66 2.27 3.32% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 57.7 M | Current Value 57.7 M | Avarage Shares Outstanding 27.1 M | Quarterly Volatility 14 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.
Spire |
Spire Stock Ownership Analysis
About 89.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.36. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Spire Inc has Price/Earnings To Growth (PEG) ratio of 2.45. The entity last dividend was issued on the 11th of December 2024. The firm had 2:1 split on the 8th of March 1994. Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri. Spire operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 3584 people. To find out more about Spire Inc contact Suzanne Sitherwood at 314 342 0500 or learn more at https://www.spireenergy.com.Besides selling stocks to institutional investors, Spire 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 Spire'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 Spire'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.
Spire Quarterly Liabilities And Stockholders Equity |
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Spire Insider Trades History
Roughly 3.0% of Spire Inc are currently held by insiders. Unlike Spire'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 Spire'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 Spire's insider trades
Spire Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Spire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spire Inc backward and forwards among themselves. Spire's institutional investor refers to the entity that pools money to purchase Spire'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 | Wellington Management Company Llp | 2024-06-30 | 799.8 K | Duff & Phelps Inv Mgmt Co (il) | 2024-06-30 | 776.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 752.2 K | Northern Trust Corp | 2024-09-30 | 748 K | Franklin Resources Inc | 2024-06-30 | 732.5 K | Amvescap Plc. | 2024-06-30 | 728.5 K | Norges Bank | 2024-06-30 | 698.1 K | Ameriprise Financial Inc | 2024-06-30 | 690.3 K | Victory Capital Management Inc. | 2024-09-30 | 687.2 K | Blackrock Inc | 2024-06-30 | 7.4 M | Vanguard Group Inc | 2024-09-30 | 6.1 M |
Spire Inc 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 Spire insiders, such as employees or executives, is commonly permitted as long as it does not rely on Spire'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 Spire 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.
Spire Outstanding Bonds
Spire 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. Spire Inc 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 Spire bonds can be classified according to their maturity, which is the date when Spire Inc 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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Spire Corporate Filings
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 17th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 17th of September 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 |
Pair Trading with Spire
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 Spire 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 Spire will appreciate offsetting losses from the drop in the long position's value.Moving together with Spire Stock
The ability to find closely correlated positions to Spire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spire 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 Spire - 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 Spire Inc to buy it.
The correlation of Spire 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 Spire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Inc 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 Spire 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 Spire Stock Analysis
When running Spire's price analysis, check to measure Spire'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 Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.