State or government are Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's (EPA:BAIN) biggest owners and were rewarded after market cap rose by €86m last week

Key Insights

• Significant control over Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco by state or government implies that the general public has more power to influence management and governance-related decisions
• The largest shareholder of the company is Monaco with a 64% stake
• Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock

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If you want to know who really controls Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (EPA:BAIN), then you'll have to look at the makeup of its share registry. We can see that state or government own the lion's share in the company with 64% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

As a result, state or government were the biggest beneficiaries of last week’s 3.5% gain.

Let's take a closer look to see what the different types of shareholders can tell us about Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco.

Check out our latest analysis for Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco

What Does The Institutional Ownership Tell Us About Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco?

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.

Since institutions own only a small portion of Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.

We note that hedge funds don't have a meaningful investment in Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco. The company's largest shareholder is Monaco, with ownership of 64%. This implies that they have majority interest control of the future of the company. In comparison, the second and third largest shareholders hold about 7.8% and 5.0% of the stock.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco

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.

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.

We can see that insiders own shares in Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around €196m worth of shares (at current prices). 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 15% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco. 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.

Public Company Ownership

Public companies currently own 10% of Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco better, we need to consider many other factors.

I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials.

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.