Richelieu Hardware Ownership

RCH Stock  CAD 40.66  0.31  0.76%   
Richelieu Hardware owns a total of 55.72 Million outstanding shares. Over half of Richelieu Hardware's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Richelieu Hardware. Please watch out for any change in the institutional holdings of Richelieu Hardware 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 maintains, 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
1997-03-31
Previous Quarter
56.3 M
Current Value
56 M
Avarage Shares Outstanding
63.7 M
Quarterly Volatility
5.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Richelieu Hardware 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 Richelieu Hardware, 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 29th of November 2024, Dividends Paid is likely to grow to about 40.5 M, while Dividend Yield is likely to drop 0.01. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 52 M. Also, Net Income Applicable To Common Shares is likely to grow to about 203.3 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Richelieu Hardware. 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.

Richelieu Stock Ownership Analysis

About 55.0% of the company shares are owned by institutional investors. The book value of Richelieu Hardware was at this time reported as 16.6. The company has Price/Earnings To Growth (PEG) ratio of 1.71. Richelieu Hardware last dividend was issued on the 24th of October 2024. The entity had 3:1 split on the 3rd of March 2016. Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. Richelieu Hardware Ltd. was founded in 1968 and is headquartered in Montreal, Canada. RICHELIEU HARDWARE operates under Furnishings, Fixtures Appliances classification in Canada and is traded on Toronto Stock Exchange. It employs 2300 people. To find out more about Richelieu Hardware contact FCPA FCMA at 514 336 4144 or learn more at https://www.richelieu.com.

Richelieu Hardware Outstanding Bonds

Richelieu Hardware 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. Richelieu Hardware 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 Richelieu bonds can be classified according to their maturity, which is the date when Richelieu Hardware 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 Richelieu Hardware

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 Richelieu Hardware 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 Richelieu Hardware will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Richelieu Hardware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richelieu Hardware 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 Richelieu Hardware - 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 Richelieu Hardware to buy it.
The correlation of Richelieu Hardware 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 Richelieu Hardware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richelieu Hardware 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 Richelieu Hardware 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 Richelieu Stock

Richelieu Hardware financial ratios help investors to determine whether Richelieu 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 Richelieu with respect to the benefits of owning Richelieu Hardware security.