Otter Tail Ownership
| OTTR Stock | USD 83.02 0.33 0.40% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 42.1 M | Current Value 42.1 M | Avarage Shares Outstanding 30.6 M | Quarterly Volatility 7.4 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.
Otter |
Otter Stock Ownership Analysis
About 74.0% of the company shares are owned by institutional investors. The book value of Otter Tail was now reported as 39.89. The company has Price/Earnings To Growth (PEG) ratio of 2.19. Otter Tail recorded earning per share (EPS) of 7.17. The entity last dividend was issued on the 14th of February 2025. The firm had 2:1 split on the 16th of March 2000. Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota. Otter Tail operates under UtilitiesDiversified classification in the United States and is traded on NASDAQ Exchange. It employs 2487 people. To find out more about Otter Tail contact Charles MacFarlane at 866-410-8780 or learn more at https://www.ottertail.com.Besides selling stocks to institutional investors, Otter Tail 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 Otter Tail'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 Otter Tail'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.
Otter Tail Quarterly Liabilities And Stockholders Equity |
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Otter Tail Insider Trades History
Only 1.9% of Otter Tail are currently held by insiders. Unlike Otter Tail'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 Otter Tail'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 Otter Tail's insider trades
Otter Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Otter Tail is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Otter Tail backward and forwards among themselves. Otter Tail's institutional investor refers to the entity that pools money to purchase Otter Tail'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 | Bank Of New York Mellon Corp | 2024-12-31 | 405.1 K | Amvescap Plc. | 2024-12-31 | 291.3 K | Gamco Investors, Inc. Et Al | 2024-12-31 | 273.7 K | Ubs Group Ag | 2024-12-31 | 262.3 K | Goldman Sachs Group Inc | 2024-12-31 | 254.9 K | Bank Of America Corp | 2024-12-31 | 226.1 K | Principal Financial Group Inc | 2024-12-31 | 226 K | Caisse De Depot Et Placement Du Quebec | 2024-12-31 | 223 K | Citadel Advisors Llc | 2024-12-31 | 215.5 K | Blackrock Inc | 2024-12-31 | 7 M | Vanguard Group Inc | 2024-12-31 | 5.3 M |
Otter Tail 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 Otter Tail insiders, such as employees or executives, is commonly permitted as long as it does not rely on Otter Tail'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 Otter Tail 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.
Otter Tail Outstanding Bonds
Otter Tail 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. Otter Tail 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 Otter bonds can be classified according to their maturity, which is the date when Otter Tail 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.
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Otter Tail Corporate Filings
| 3rd of March 2025 Other Reports | ViewVerify | |
10K | 19th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 18th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th of February 2025 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 Otter Tail
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 Otter Tail 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 Otter Tail will appreciate offsetting losses from the drop in the long position's value.Moving together with Otter Stock
Moving against Otter Stock
| 0.75 | BW | Babcock Wilcox Enter | PairCorr |
| 0.71 | BV | BrightView Holdings | PairCorr |
| 0.62 | MDU | MDU Resources Group | PairCorr |
| 0.57 | J | Jacobs Solutions | PairCorr |
| 0.52 | TUSK | Mammoth Energy Services | PairCorr |
The ability to find closely correlated positions to Otter Tail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Otter Tail 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 Otter Tail - 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 Otter Tail to buy it.
The correlation of Otter Tail 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 Otter Tail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Otter Tail 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 Otter Tail 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 Otter Stock Analysis
When running Otter Tail's price analysis, check to measure Otter Tail'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 Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.