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If you want to know who really controls Wing Tai Holdings Limited (SGX:W05), then you'll have to look at the makeup of its share registry. We can see that private companies own the lion's share in the company with 51% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Meanwhile, individual investors make up 29% of the company’s shareholders.
Let's take a closer look to see what the different types of shareholders can tell us about Wing Tai Holdings.
See our latest analysis for Wing Tai Holdings
What Does The Institutional Ownership Tell Us About Wing Tai Holdings?
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.
As you can see, institutional investors have a fair amount of stake in Wing Tai 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 Wing Tai Holdings' historic earnings and revenue below, but keep in mind there's always more to the story.
Wing Tai Holdings is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Wing Tai Asia Holdings Ltd with 29% of shares outstanding. With 12% and 10% of the shares outstanding respectively, Empire Gate Holdings Ltd. and Wai Keung Cheng are the second and third largest shareholders. Wai Keung Cheng, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board.
A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 51% stake.
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 is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
Insider Ownership Of Wing Tai Holdings
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.