In This Article:
Key Insights
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The considerable ownership by private companies in Raffles Medical Group indicates that they collectively have a greater say in management and business strategy
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A total of 2 investors have a majority stake in the company with 52% ownership
A look at the shareholders of Raffles Medical Group Ltd (SGX:BSL) can tell us which group is most powerful. The group holding the most number of shares in the company, around 42% to be precise, is private companies. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Individual investors, on the other hand, account for 27% of the company's stockholders.
Let's take a closer look to see what the different types of shareholders can tell us about Raffles Medical Group.
See our latest analysis for Raffles Medical Group
What Does The Institutional Ownership Tell Us About Raffles Medical 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 Raffles Medical 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 Raffles Medical Group's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Raffles Medical Group. Looking at our data, we can see that the largest shareholder is Raffles Medical Holdings Pte. Ltd. with 39% of shares outstanding. In comparison, the second and third largest shareholders hold about 13% and 9.0% of the stock. Choon Yong Loo, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 52% stake.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Raffles Medical Group
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.