Banca Generali S.p.A.'s (BIT:BGN) largest shareholders are public companies with 52% ownership, individual investors own 24%

Key Insights

• Banca Generali's significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public
• Assicurazioni Generali S.p.A. owns 52% of the company
• Institutions own 24% of Banca Generali

Every investor in Banca Generali S.p.A. (BIT:BGN) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are public companies with 52% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

And individual investors on the other hand have a 24% ownership in the company.

Let's take a closer look to see what the different types of shareholders can tell us about Banca Generali.

Check out our latest analysis for Banca Generali

What Does The Institutional Ownership Tell Us About Banca Generali?

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.

Banca Generali already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Banca Generali, (below). Of course, keep in mind that there are other factors to consider, too.

Banca Generali is not owned by hedge funds. Our data shows that Assicurazioni Generali S.p.A. is the largest shareholder with 52% of shares outstanding. This implies that they have majority interest control of the future of the company. Silchester International Investors LLP is the second largest shareholder owning 6.5% of common stock, and Capital Research and Management Company holds about 2.7% of the company 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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Banca Generali

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.

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 cannot confirm that board members are 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

With a 24% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Banca Generali. 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

We can see that public companies hold 52% of the Banca Generali shares on issue. 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:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should learn about the 2 warning signs we've spotted with Banca Generali (including 1 which can't be ignored) .

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its 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.