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Key Insights

• Significantly high institutional ownership implies Coeur Mining's stock price is sensitive to their trading actions

• The top 12 shareholders own 51% of the company

• Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business

To get a sense of who is truly in control of Coeur Mining, Inc. (NYSE:CDE), it is important to understand the ownership structure of the business. With 76% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

And last week, institutional investors ended up benefitting the most after the company hit US$2.3b in market cap. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 113%.

Let's delve deeper into each type of owner of Coeur Mining, beginning with the chart below.

See our latest analysis for Coeur Mining

What Does The Institutional Ownership Tell Us About Coeur Mining?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Coeur Mining already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 Coeur Mining's earnings history below. Of course, the future is what really matters.

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Coeur Mining is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 9.4%. In comparison, the second and third largest shareholders hold about 9.4% and 8.6% of the stock. Additionally, the company's CEO Mitchell Krebs directly holds 0.6% of the total shares outstanding.

Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 12 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.