Individual investors own 24% of Grand City Properties S.A. (ETR:GYC) shares but private companies control 59% of the company
In This Article:
Key Insights
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The considerable ownership by private companies in Grand City Properties indicates that they collectively have a greater say in management and business strategy
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The largest shareholder of the company is Edolaxia LTD with a 59% stake
Every investor in Grand City Properties S.A. (ETR:GYC) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are private companies with 59% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
And individual investors on the other hand have a 24% ownership in the company.
In the chart below, we zoom in on the different ownership groups of Grand City Properties.
Check out our latest analysis for Grand City Properties
What Does The Institutional Ownership Tell Us About Grand City Properties?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
As you can see, institutional investors have a fair amount of stake in Grand City Properties. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Grand City Properties' earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Grand City Properties. Edolaxia LTD is currently the largest shareholder, with 59% of shares outstanding. This implies that they have majority interest control of the future of the company. With 2.5% and 2.3% of the shares outstanding respectively, Candriam and The Vanguard Group, Inc. are the second and third largest shareholders.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Grand City Properties
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.