SP Plus Ownership
| SPDelisted Stock | USD 39.21 0.27 0.68% |
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.
SP Plus |
SP Plus Stock Ownership Analysis
About 98.0% of the company shares are owned by institutional investors. The book value of SP Plus was at this time reported as 13.16. The company has Price/Earnings To Growth (PEG) ratio of 1.91. SP Plus Corp had not issued any dividends in recent years. The entity had 2:1 split on the 18th of January 2008. SP Plus Corporation provides mobility solutions, parking management, ground transportation, baggage, and other ancillary services in North America. SP Plus Corporation was founded in 1929 and is headquartered in Chicago, Illinois. SP Plus operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 10800 people. To find out more about SP Plus Corp contact Marc Baumann at 312 274 2000 or learn more at https://www.spplus.com.SP Plus Corp 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 SP Plus insiders, such as employees or executives, is commonly permitted as long as it does not rely on SP Plus' 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 SP Plus 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.
Douglas Waggoner over six months ago Acquisition by Douglas Waggoner of 2927 shares of SP Plus at 29.04 subject to Rule 16b-3 | ||
Robert Toy over six months ago Disposition of 2518 shares by Robert Toy of SP Plus at 30.3975 subject to Rule 16b-3 | ||
Robert Toy over six months ago Disposition of 2518 shares by Robert Toy of SP Plus at 30.3975 subject to Rule 16b-3 |
SP Plus Outstanding Bonds
SP Plus 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. SP Plus Corp 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 SP Plus bonds can be classified according to their maturity, which is the date when SP Plus Corp 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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Pair Trading with SP Plus
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 SP Plus 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 SP Plus will appreciate offsetting losses from the drop in the long position's value.Moving together with SP Plus Stock
Moving against SP Plus Stock
| 0.86 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.77 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.67 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.66 | PFE | Pfizer Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to SP Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SP Plus 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 SP Plus - 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 SP Plus Corp to buy it.
The correlation of SP Plus 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 SP Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SP Plus Corp 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 SP Plus 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in SP Plus Stock
If you are still planning to invest in SP Plus Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SP Plus' history and understand the potential risks before investing.
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