How Many Eckert & Ziegler Strahlen- und Medizintechnik AG (ETR:EUZ) Shares Do Institutions Own?

If you want to know who really controls Eckert & Ziegler Strahlen- und Medizintechnik AG (ETR:EUZ), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. We also tend to see lower insider ownership in companies that were previously publicly owned.

Eckert & Ziegler Strahlen- und Medizintechnik is not a large company by global standards. It has a market capitalization of €416m, which means it wouldn’t have the attention of many institutional investors. In the chart below below, we can see that institutional investors have bought into the company. Let’s delve deeper into each type of owner, to discover more about EUZ.

See our latest analysis for Eckert & Ziegler Strahlen- und Medizintechnik

XTRA:EUZ Ownership Summary, March 27th 2019
XTRA:EUZ Ownership Summary, March 27th 2019

What Does The Institutional Ownership Tell Us About Eckert & Ziegler Strahlen- und Medizintechnik?

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 own 23% of Eckert & Ziegler Strahlen- und Medizintechnik. 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 Eckert & Ziegler Strahlen- und Medizintechnik’s earnings history, below. Of course, the future is what really matters.

XTRA:EUZ Income Statement, March 27th 2019
XTRA:EUZ Income Statement, March 27th 2019

Hedge funds don’t have many shares in Eckert & Ziegler Strahlen- und Medizintechnik. 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 Eckert & Ziegler Strahlen- und Medizintechnik

The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our information suggests that Eckert & Ziegler Strahlen- und Medizintechnik AG insiders own under 1% of the company. It seems the board members have no more than €986k worth of shares in the €416m company. I generally like to see a board more invested. However it might be worth checking if those insiders have been buying.

General Public Ownership

The general public, with a 45% stake in the company, will not easily be ignored. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Equity Ownership

With a stake of 32%, private equity firms could influence the EUZ board. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and — as the name suggests — don’t invest in public companies much. After some time they may look to sell and redeploy capital elsewhere.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important.

Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow .

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.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.