Stock Analysis

Institutions profited after Van Lanschot Kempen NV's (AMS:VLK) market cap rose €55m last week but retail investors profited the most

ENXTAM:VLK
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Key Insights

  • Van Lanschot Kempen's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
  • The top 19 shareholders own 50% of the company
  • Recent purchases by insiders

Every investor in Van Lanschot Kempen NV (AMS:VLK) should be aware of the most powerful shareholder groups. We can see that retail investors 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.

Retail investors gained the most after market cap touched €1.4b last week, while institutions who own 36% also benefitted.

In the chart below, we zoom in on the different ownership groups of Van Lanschot Kempen.

View our latest analysis for Van Lanschot Kempen

ownership-breakdown
ENXTAM:VLK Ownership Breakdown April 10th 2024

What Does The Institutional Ownership Tell Us About Van Lanschot Kempen?

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.

We can see that Van Lanschot Kempen does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Van Lanschot Kempen's earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
ENXTAM:VLK Earnings and Revenue Growth April 10th 2024

Hedge funds don't have many shares in Van Lanschot Kempen. Our data shows that Romij B.V. is the largest shareholder with 9.8% of shares outstanding. With 9.5% and 5.4% of the shares outstanding respectively, LDDM Holding BV and Janus Henderson Group plc are the second and third largest shareholders.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 19 shareholders, meaning that no single shareholder has a majority interest in the ownership.

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 some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Van Lanschot Kempen

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.

We can see that insiders own shares in Van Lanschot Kempen NV. The insiders have a meaningful stake worth €58m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.

General Public Ownership

With a 46% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Van Lanschot Kempen. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Company Ownership

We can see that Private Companies own 14%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Van Lanschot Kempen has 2 warning signs we think you should be aware of.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

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.

Valuation is complex, but we're helping make it simple.

Find out whether Van Lanschot Kempen is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.