How many COSCO SHIPPING Holdings Co., Ltd. shares (HKG: 1919) do institutions own?
A look at the shareholders of COSCO SHIPPING Holdings Co., Ltd. (HKG: 1919) can tell us which group is more powerful. Institutions often own shares in larger companies, and we would expect insiders to own a noticeable percentage of smaller ones. Companies that were previously owned by the state tend to have fewer insiders.
With a market capitalization of HK $ 372 billion, COSCO SHIPPING Holdings is quite large. We would expect to see institutional investors on the register. Companies of this size are also generally well known to retail investors. In the graphic below, we can see that the institutions are visible on the share register. We can zoom in on the different ownership groups to find out more about COSCO SHIPPING Holdings.
See our latest review for COSCO SHIPPING Holdings
What does institutional ownership tell us about COSCO SHIPPING Holdings?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. . We would expect most businesses to have some institutions listed, especially if they are growing.
We can see that COSCO SHIPPING Holdings has institutional investors; and they own a large portion of the company’s stock. This implies that analysts working for these institutions have reviewed the action and appreciate it. But like everyone else, they can be wrong. When several institutions hold a stock, there is always a risk that they are in a “crowded trade”. When such a transaction goes awry, several parties may compete with each other to sell stocks quickly. This risk is higher in a company without a history of growth. You can see COSCO SHIPPING Holdings’ historical earnings and earnings below, but keep in mind that there is always more to tell.
Hedge funds don’t have a lot of shares in COSCO SHIPPING Holdings. The main shareholder of the company is China COSCO SHIPPING Corporation Limited, with a 46% stake. China Securities Finance Corp, Asset Management Arm is the second largest shareholder holding 2.5% of the common shares, and China Baowu Steel Group Corporation Limited owns about 2.0% of the shares of the company.
A more detailed study of the register of shareholders showed us that 3 of the main shareholders hold a considerable share of the ownership of the company, through their 51% stake.
While studying the institutional ownership of a company can add value to your research, it is also recommended that you research analyst recommendations to better understand the expected performance of a stock. There are a reasonable number of analysts covering the stock, so it can be helpful to know their overall vision for the future.
Insider ownership of COSCO SHIPPING Holdings
The definition of an insider may differ slightly from country to country, but board members still count. The management of the company manages the company, but the CEO will report to the board of directors, even if he is a member of the board.
I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.
Our data suggests that insiders own less than 1% of COSCO SHIPPING Holdings Co., Ltd. in their own name. However, it is possible that insiders will have an indirect interest through a more complex structure. Being so big, we wouldn’t expect insiders to own a large chunk of the shares. Collectively, they own HK $ 43 million in shares. It’s good to see board members owning stocks, but it might be worth checking out if those insiders have bought.
General public property
With a 33% stake, the general public has some influence over COSCO SHIPPING Holdings. While this group cannot necessarily take the lead, it can certainly have a real influence on how the business is run.
Owned by a private company
We can see that the private companies own 51% of the issued shares. Private companies can be related parties. Sometimes insiders have an interest in a public company through a stake in a private company, rather than in their own capacity as an individual. While it is difficult to draw general conclusions, it should be noted that this is an additional area of research.
It’s always worth thinking about the different groups that own shares in a company. But to better understand COSCO SHIPPING Holdings, there are many other factors that we need to consider. For example, we have identified 3 warning signs for COSCO SHIPPING Holdings (1 is potentially serious) that you should be aware of.
If you are like me, you might want to ask yourself if this business will grow or shrink. Fortunately, you can check out this free report showing analysts’ forecasts for its future.
NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.
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