Stock Analysis

Could The Compañía de Distribución Integral Logista Holdings, S.A. (BME:LOG) Ownership Structure Tell Us Something Useful?

BME:LOG
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A look at the shareholders of Compañía de Distribución Integral Logista Holdings, S.A. (BME:LOG) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership.

Compañía de Distribución Integral Logista Holdings isn't enormous, but it's not particularly small either. It has a market capitalization of €2.2b, which means it would generally expect to see some institutions on the share registry. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Compañía de Distribución Integral Logista Holdings.

View our latest analysis for Compañía de Distribución Integral Logista Holdings

ownership-breakdown
BME:LOG Ownership Breakdown January 21st 2021

What Does The Institutional Ownership Tell Us About Compañía de Distribución Integral Logista Holdings?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

Compañía de Distribución Integral Logista Holdings already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 Compañía de Distribución Integral Logista Holdings' earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
BME:LOG Earnings and Revenue Growth January 21st 2021

We note that hedge funds don't have a meaningful investment in Compañía de Distribución Integral Logista Holdings. The company's largest shareholder is Imperial Brands PLC, with ownership of 50%. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. With 5.1% and 3.0% of the shares outstanding respectively, Capital Research and Management Company and Allianz Asset Management AG are the second and third largest shareholders.

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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Compañía de Distribución Integral Logista Holdings

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. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our information suggests that Compañía de Distribución Integral Logista Holdings, S.A. insiders own under 1% of the company. 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 €1.1m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.

General Public Ownership

The general public, with a 20% stake in the company, will not easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Public Company Ownership

It appears to us that public companies own 50% of Compañía de Distribución Integral Logista Holdings. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.

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 - Compañía de Distribución Integral Logista Holdings has 1 warning sign we think you should be aware of.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

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. 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.
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