Stock Analysis

State or government account for 65% of Poste Italiane S.p.A.'s (BIT:PST) ownership, while individual investors account for 25%

  •  Updated
BIT:PST
Source: Shutterstock

A look at the shareholders of Poste Italiane S.p.A. (BIT:PST) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are state or government with 65% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Individual investors, on the other hand, account for 25% of the company's stockholders.

Let's delve deeper into each type of owner of Poste Italiane, beginning with the chart below.

However if you'd rather see where the opportunities and risks are within PST's industry, you can check out our analysis on the IT Insurance industry.

ownership-breakdown
BIT:PST Ownership Breakdown September 5th 2022

What Does The Institutional Ownership Tell Us About Poste Italiane?

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.

We can see that Poste Italiane does have institutional investors; and they hold a good portion of the company's stock. 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. 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 Poste Italiane, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
BIT:PST Earnings and Revenue Growth September 5th 2022

We note that hedge funds don't have a meaningful investment in Poste Italiane. Cassa depositi e prestiti S.p.A. is currently the company's largest shareholder with 35% of shares outstanding. For context, the second largest shareholder holds about 30% of the shares outstanding, followed by an ownership of 1.8% by the third-largest shareholder.

To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of 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. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Poste Italiane

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.

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 25% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 2 warning signs for Poste Italiane you should be aware of, and 1 of them shouldn'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.

Valuation is complex, but we're helping make it simple.

Find out whether Poste Italiane is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

About BIT:PST

Poste Italiane

Poste Italiane S.p.A. provides postal, logistics, and financial and insurance products and services in Italy.

The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas.

Analysis AreaScore (0-6)
Valuation4
Future Growth1
Past Performance5
Financial Health1
Dividends4

Read more about these checks in the individual report sections or in our analysis model.

Solid track record, good value and pays a dividend.