Sovereign wealth funds among National Atomic Company Kazatomprom JSC's (LON:KAP) largest shareholders, saw gain in holdings value after stock jumped 4.9% last week
Key Insights
- National Atomic Company Kazatomprom JSC's significant sovereign wealth funds ownership suggests that the key decisions are influenced by shareholders from the larger public
- 63% of the company is held by a single shareholder (Sovereign Wealth Fund Samruk-Kazyna JSC)
- Institutions own 11% of National Atomic Company Kazatomprom JSC
A look at the shareholders of National Atomic Company Kazatomprom JSC (LON:KAP) can tell us which group is most powerful. We can see that sovereign wealth funds own the lion's share in the company with 63% 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, sovereign wealth funds collectively scored the highest last week as the company hit US$14b market cap following a 4.9% gain in the stock.
Let's take a closer look to see what the different types of shareholders can tell us about National Atomic Company Kazatomprom JSC.
View our latest analysis for National Atomic Company Kazatomprom JSC
What Does The Institutional Ownership Tell Us About National Atomic Company Kazatomprom JSC?
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 National Atomic Company Kazatomprom JSC does have institutional investors; and they hold a good portion of the company's stock. 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 National Atomic Company Kazatomprom JSC's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in National Atomic Company Kazatomprom JSC. Looking at our data, we can see that the largest shareholder is Sovereign Wealth Fund Samruk-Kazyna JSC with 63% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. Meanwhile, the second and third largest shareholders, hold 2.0% and 1.6%, of the shares outstanding, respectively.
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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of National Atomic Company Kazatomprom JSC
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 note our data does not show any board members holding shares, personally. Not all jurisdictions have the same rules around disclosing insider ownership, and it is possible we have missed something, here. So you can click here learn more about the CEO.
General Public Ownership
The general public-- including retail investors -- own 26% stake in the company, and hence can't 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.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand National Atomic Company Kazatomprom JSC better, we need to consider many other factors.
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.
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
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.