In This Article:
Key Insights
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The considerable ownership by individual investors in Yangzijiang Shipbuilding (Holdings) indicates that they collectively have a greater say in management and business strategy
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50% of the business is held by the top 7 shareholders
If you want to know who really controls Yangzijiang Shipbuilding (Holdings) Ltd. (SGX:BS6), then you'll have to look at the makeup of its share registry. We can see that individual investors own the lion's share in the company with 37% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
As a result, individual investors were the biggest beneficiaries of last week’s 5.0% gain.
Let's take a closer look to see what the different types of shareholders can tell us about Yangzijiang Shipbuilding (Holdings).
View our latest analysis for Yangzijiang Shipbuilding (Holdings)
What Does The Institutional Ownership Tell Us About Yangzijiang Shipbuilding (Holdings)?
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.
As you can see, institutional investors have a fair amount of stake in Yangzijiang Shipbuilding (Holdings). 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Yangzijiang Shipbuilding (Holdings)'s historic earnings and revenue below, but keep in mind there's always more to the story.
Hedge funds don't have many shares in Yangzijiang Shipbuilding (Holdings). Our data shows that YZJ Settlement Julius Baer Trust Company is the largest shareholder with 22% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.8% and 6.0%, of the shares outstanding, respectively.
We did some more digging and found that 7 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
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.