Independent Shares Owned by Institutions

INDB -  USA Stock  

USD 76.81  2.42  3.05%

Independent Bk Corp fundamentals help investors to digest information that contributes to Independent's financial success or failures. It also enables traders to predict the movement of Independent Stock. This fundamental analysis module provides a way for investors to measures Independent's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Refresh

Independent Shares Owned by Institutions Analysis

Independent's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
 2019 2020 2021 2022 (projected)
Net Income165.18 M121.17 M120.99 M113.99 M
Gross Profit502.43 M426.67 M489.2 M449.77 M
Shares Held by Institutions 
 = 
Funds and Banks 
Firms 
More About Shares Owned by Institutions | All Equity Analysis

Current Independent Shares Owned by Institutions

    
  65.74 %  
Most of Independent's fundamental indicators, such as Shares Owned by Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bk Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Independent Shares Owned by Institutions Driver Correlations

Understanding the fundamental principles of building solid financial models for Independent is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Shares Owned by Institutions. Since Independent's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent's interrelated accounts and indicators.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Compare to competition

Based on the latest financial disclosure, 65% of Independent Bk Corp are shares owned by institutions. This is 121.05% higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The shares owned by institutions for all United States stocks is 67.66% lower than that of the firm.

Independent Shares Owned by Institutions Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent's direct or indirect competition against its Shares Owned by Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent could also be used in its relative valuation, which is a method of valuing Independent by comparing valuation metrics of similar companies.
Independent is currently under evaluation in shares owned by institutions category among related companies.

Independent Current Valuation Drivers

We derive many important indicators used in calculating different scores of Independent from analyzing Independent's financial statements. These drivers represent accounts that assess Independent's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee78.7 K102.38 K122.53 K87.88 K79.09 K71.14 K
Revenue Per Employee325.08 K346.98 K417.14 K371.94 K334.75 K307.42 K
Average Assets7.97 B8.42 B10.88 B12.85 B15.73 B13.16 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA150.31 M171.56 M237.55 M180.1 M189.5 M177.14 M
Earnings Before Interest Taxes and Depreciation Amortization USD150.31 M171.56 M237.55 M180.1 M189.5 M177.14 M
Earnings before Tax134.54 M155.93 M218.11 M152.84 M156.68 M150.5 M
Average Equity916.77 M1 B1.53 B1.69 B2.06 B1.66 B
Enterprise Value2 B1.99 B2.94 B1.44 B843.77 M1.31 B
Free Cash Flow112.14 M132.92 M203.74 M58.15 M165.19 M146.69 M
Invested Capital7.95 B8.59 B11.01 B11.56 B17.32 B14.1 B
Invested Capital Average7.82 B8.22 B10.55 B11.61 B13.18 B11.59 B
Market Capitalization1.92 B1.94 B2.86 B2.41 B2.69 B2.37 B
Tangible Asset Value7.84 B8.58 B10.86 B12.67 B19.41 B20.94 B

Independent Fundamentals

About Independent Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independent Bk Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bk Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Independent without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Money Flow Index Now

   

Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Independent Bk Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Independent Piotroski F Score and Independent Altman Z Score analysis. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Independent Stock analysis

When running Independent Bk Corp price analysis, check to measure Independent'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 Independent is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Is Independent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Independent Bk Corp is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent's value that differs from its market value or its book value, called intrinsic value, which is Independent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent's market value can be influenced by many factors that don't directly affect Independent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.