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- Marine and Shipping
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- CPSE:DNORD
Individual investors among Dampskibsselskabet Norden A/S' (CPH:DNORD) largest stockholders and were hit after last week's 8.4% price drop
Key Insights
- Significant control over Dampskibsselskabet Norden by individual investors implies that the general public has more power to influence management and governance-related decisions
- The top 16 shareholders own 50% of the company
- 21% of Dampskibsselskabet Norden is held by Institutions
A look at the shareholders of Dampskibsselskabet Norden A/S (CPH:DNORD) can tell us which group is most powerful. We can see that individual 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.
And last week, individual investors endured the biggest losses as the stock fell by 8.4%.
In the chart below, we zoom in on the different ownership groups of Dampskibsselskabet Norden.
View our latest analysis for Dampskibsselskabet Norden
What Does The Institutional Ownership Tell Us About Dampskibsselskabet Norden?
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 Dampskibsselskabet Norden. 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 Dampskibsselskabet Norden's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in Dampskibsselskabet Norden. A/S Motortramp is currently the largest shareholder, with 32% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 3.7% and 2.7%, of the shares outstanding, respectively.
After doing some more digging, we found that the top 16 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of Dampskibsselskabet Norden
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
Our data suggests that insiders own under 1% of Dampskibsselskabet Norden A/S in their own names. However, it's possible that insiders might have an indirect interest through a more complex structure. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around kr.37m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
General Public Ownership
The general public, who are usually individual investors, hold a 46% stake in Dampskibsselskabet Norden. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Private Company Ownership
Our data indicates that Private Companies hold 32%, of the company's shares. 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:
It's always worth thinking about the different groups who own shares in a company. But to understand Dampskibsselskabet Norden better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Dampskibsselskabet Norden (at least 1 which can't be ignored) , and understanding them should be part of your investment process.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
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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.
About CPSE:DNORD
Dampskibsselskabet Norden
A shipping company, owns and operates dry cargo and tanker vessels worldwide.
Flawless balance sheet average dividend payer.