Vista Group International Limited (NZSE:VGL) has caught the attention of institutional investors who hold a sizeable 46% stake
In This Article:
Key Insights
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Given the large stake in the stock by institutions, Vista Group International's stock price might be vulnerable to their trading decisions
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A total of 15 investors have a majority stake in the company with 50% ownership
A look at the shareholders of Vista Group International Limited (NZSE:VGL) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 46% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.
Let's take a closer look to see what the different types of shareholders can tell us about Vista Group International.
View our latest analysis for Vista Group International
What Does The Institutional Ownership Tell Us About Vista Group International?
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.
We can see that Vista Group International does have institutional investors; and they hold a good portion of the company's stock. 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 Vista Group International's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in Vista Group International. Our data shows that Fisher Funds Management Limited is the largest shareholder with 15% of shares outstanding. For context, the second largest shareholder holds about 7.4% of the shares outstanding, followed by an ownership of 6.0% by the third-largest shareholder.
A closer look at our ownership figures suggests that the top 15 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.
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.