While individual investors own 17% of DFI Retail Group Holdings Limited (SGX:D01), public companies are its largest shareholders with 78% ownership

editorial-team@simplywallst.com (Simply Wall St)

Thu, Nov 28, 2024, 4:11 PM 4 min read

DFI Retail Group Holdings' significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public
The largest shareholder of the company is Jardine Matheson Holdings Limited with a 78% stake
Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company

A look at the shareholders of DFI Retail Group Holdings Limited (SGX:D01) can tell us which group is most powerful. We can see that public companies own the lion's share in the company with 78% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Individual investors, on the other hand, account for 17% of the company's stockholders.

In the chart below, we zoom in on the different ownership groups of DFI Retail Group Holdings.

See our latest analysis for DFI Retail Group Holdings

ownership-breakdown — SGX:D01 Ownership Breakdown November 28th 2024

What Does The Institutional Ownership Tell Us About DFI Retail Group Holdings?

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.

DFI Retail Group Holdings 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 DFI Retail Group Holdings' earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth — SGX:D01 Earnings and Revenue Growth November 28th 2024

DFI Retail Group Holdings is not owned by hedge funds. Jardine Matheson Holdings Limited is currently the largest shareholder, with 78% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. For context, the second largest shareholder holds about 1.4% of the shares outstanding, followed by an ownership of 0.8% by the third-largest shareholder.

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 plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of DFI Retail Group Holdings

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our most recent data indicates that insiders own less than 1% of DFI Retail Group Holdings Limited. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own US$2.5m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.

General Public Ownership

With a 17% ownership, the general public, mostly comprising of individual investors, have some degree of sway over DFI Retail Group Holdings. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Public Company Ownership

It appears to us that public companies own 78% of DFI Retail Group Holdings. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand DFI Retail Group Holdings better, we need to consider many other factors. Take risks for example - DFI Retail Group Holdings has 2 warning signs (and 1 which is potentially serious) we think you should know about.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.