In This Article:
Key Insights
-
The considerable ownership by individual investors in Enterprise Group indicates that they collectively have a greater say in management and business strategy
-
A total of 7 investors have a majority stake in the company with 41% ownership
To get a sense of who is truly in control of Enterprise Group, Inc. (TSE:E), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 59% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
While individual investors were the group that reaped the most benefits after last week’s 18% price gain, insiders also received a 41% cut.
Let's take a closer look to see what the different types of shareholders can tell us about Enterprise Group.
See our latest analysis for Enterprise Group
What Does The Lack Of Institutional Ownership Tell Us About Enterprise Group?
Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors.
There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. On the other hand, it's always possible that professional investors are avoiding a company because they don't think it's the best place for their money. Institutional investors may not find the historic growth of the business impressive, or there might be other factors at play. You can see the past revenue performance of Enterprise Group, for yourself, below.
Hedge funds don't have many shares in Enterprise Group. Looking at our data, we can see that the largest shareholder is the CEO Leonard Jaroszuk with 31% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 3.5% and 3.3%, of the shares outstanding, respectively. Interestingly, the second-largest shareholder, Desmond O'Kell is also Secretary, again, pointing towards strong insider ownership amongst the company's top shareholders.
On studying our ownership data, we found that 7 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
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. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.