In This Article:
Key Insights
-
Credit Corp Group's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public
-
A total of 25 investors have a majority stake in the company with 49% ownership
A look at the shareholders of Credit Corp Group Limited (ASX:CCP) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 50% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Institutions, on the other hand, account for 47% of the company's stockholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.
Let's delve deeper into each type of owner of Credit Corp Group, beginning with the chart below.
Check out our latest analysis for Credit Corp Group
What Does The Institutional Ownership Tell Us About Credit Corp Group?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
As you can see, institutional investors have a fair amount of stake in Credit Corp Group. 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 Credit Corp Group's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Credit Corp Group. Bennelong Funds Management Group Pty Ltd is currently the largest shareholder, with 14% of shares outstanding. For context, the second largest shareholder holds about 7.0% of the shares outstanding, followed by an ownership of 5.0% by the third-largest shareholder.
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
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 plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of Credit Corp Group
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.