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What Kind Of Shareholders Own HDC Hyundai Development Company (KRX:294870)?
The big shareholder groups in HDC Hyundai Development Company (KRX:294870) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Companies that used to be publicly owned tend to have lower insider ownership.
HDC Hyundai Development isn't enormous, but it's not particularly small either. It has a market capitalization of ₩1.3t, which means it would generally expect to see some institutions on the share registry. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. Let's take a closer look to see what the different types of shareholders can tell us about HDC Hyundai Development.
Check out our latest analysis for HDC Hyundai Development
What Does The Institutional Ownership Tell Us About HDC Hyundai Development?
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.
HDC Hyundai Development 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 HDC Hyundai Development, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in HDC Hyundai Development. The company's largest shareholder is HDC HOLDINGS CO.,Ltd, with ownership of 40%. With 13% and 2.7% of the shares outstanding respectively, National Pension Service and KB Asset Management Co., Ltd. are the second and third largest shareholders.
A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 53% stake.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of HDC Hyundai Development
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
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.
Shareholders would probably be interested to learn that insiders own shares in HDC Hyundai Development Company. The insiders have a meaningful stake worth ₩32b. Most would see this as a real positive. 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 32% ownership, the general public have some degree of sway over HDC Hyundai Development. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Public Company Ownership
Public companies currently own 40% of HDC Hyundai Development 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:
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 - HDC Hyundai Development has 5 warning signs (and 2 which can't be ignored) we think you should know about.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
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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About KOSE:A294870
HDC Hyundai Development
Operates as a financial real estate company, provides real estate services primarily in South Korea.
Very undervalued with proven track record.