In This Article:
Key Insights
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Significant control over United Overseas Insurance by public companies implies that the general public has more power to influence management and governance-related decisions
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United Overseas Bank Limited owns 58% of the company
If you want to know who really controls United Overseas Insurance Limited (SGX:U13), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 58% to be precise, is public companies. Put another way, the group faces the maximum upside potential (or downside risk).
Meanwhile, individual investors make up 25% of the company’s shareholders.
Let's take a closer look to see what the different types of shareholders can tell us about United Overseas Insurance.
See our latest analysis for United Overseas Insurance
What Does The Institutional Ownership Tell Us About United Overseas Insurance?
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.
Since institutions own only a small portion of United Overseas Insurance, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. So if the company itself can improve over time, we may well see more institutional buyers in the future. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.
We note that hedge funds don't have a meaningful investment in United Overseas Insurance. The company's largest shareholder is United Overseas Bank Limited, with ownership of 58%. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. In comparison, the second and third largest shareholders hold about 3.5% and 2.0% of the stock.
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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.
Insider Ownership Of United Overseas Insurance
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.