WSP Global Ownership

WSP Stock  CAD 245.66  1.07  0.44%   
WSP Global retains a total of 130.34 Million outstanding shares. Over half of WSP Global's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Accordingly, these institutions are subject to different rules and regulations than regular investors in WSP Global. Please watch out for any change in the institutional holdings of WSP Global as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2006-06-30
Previous Quarter
125 M
Current Value
125.1 M
Avarage Shares Outstanding
72.8 M
Quarterly Volatility
41 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as WSP Global 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 WSP Global, 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.
As of the 22nd of November 2024, Dividends Paid is likely to grow to about 170.3 M, while Dividend Yield is likely to drop 0.01. As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to drop to about 77.4 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 269.7 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.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSP Global. 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.

WSP Stock Ownership Analysis

About 58.0% of the company outstanding shares are owned by institutional investors. The book value of WSP Global was at this time reported as 54.73. The company has Price/Earnings To Growth (PEG) ratio of 0.73. WSP Global recorded earning per share (EPS) of 5.16. The entity last dividend was issued on the 31st of December 2024. WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, the Middle East, India, Africa, Australia, Asia, New Zealand, and internationally. WSP Global Inc. was founded in 1959 and is headquartered in Montreal, Canada. WSP GLOBAL operates under Engineering Construction classification in Canada and is traded on Toronto Stock Exchange. It employs 48700 people. For more information please call CFA CA at 514-340-0046 or visit https://www.wsp.com.

WSP Global Outstanding Bonds

WSP Global 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. WSP Global 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 WSP bonds can be classified according to their maturity, which is the date when WSP Global 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 WSP Global

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 WSP Global 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 WSP Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with WSP Stock

  0.79RY Royal BankPairCorr
  0.72BNS Bank of Nova ScotiaPairCorr

Moving against WSP Stock

  0.34TD Toronto Dominion BankPairCorr
The ability to find closely correlated positions to WSP Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WSP Global 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 WSP Global - 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 WSP Global to buy it.
The correlation of WSP Global 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 WSP Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WSP Global 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 WSP Global 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 WSP Stock

WSP Global financial ratios help investors to determine whether WSP 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 WSP with respect to the benefits of owning WSP Global security.