Helloworld Travel Limited's (ASX:HLO) largest shareholders are individual investors with 46% ownership, private companies own 29%
In This Article:
Key Insights
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Significant control over Helloworld Travel by individual investors implies that the general public has more power to influence management and governance-related decisions
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The top 7 shareholders own 50% of the company
To get a sense of who is truly in control of Helloworld Travel Limited (ASX:HLO), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 46% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Private companies, on the other hand, account for 29% of the company's stockholders.
Let's delve deeper into each type of owner of Helloworld Travel, beginning with the chart below.
View our latest analysis for Helloworld Travel
What Does The Institutional Ownership Tell Us About Helloworld Travel?
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 companies to have some institutions on the register, especially if they are growing.
Helloworld Travel already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 Helloworld Travel's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Helloworld Travel. Our data shows that Sintack Pty Ltd. is the largest shareholder with 13% of shares outstanding. For context, the second largest shareholder holds about 13% of the shares outstanding, followed by an ownership of 9.1% by the third-largest shareholder. In addition, we found that Andrew Burnes, the CEO has 6.4% of the shares allocated to their name.
On further inspection, we found that more than half the company's shares are owned by the top 7 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.