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- KOSE:A086280
Hyundai Glovis Co., Ltd.'s (KRX:086280) 5.6% loss last week hit both individual investors who own 27% as well as institutions
Key Insights
- Hyundai Glovis' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- The top 4 shareholders own 51% of the company
- Insiders own 20% of Hyundai Glovis
A look at the shareholders of Hyundai Glovis Co., Ltd. (KRX:086280) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 27% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
While institutions who own 27% came under pressure after market cap dropped to ₩8.8t last week,individual investors took the most losses.
Let's take a closer look to see what the different types of shareholders can tell us about Hyundai Glovis.
View our latest analysis for Hyundai Glovis
What Does The Institutional Ownership Tell Us About Hyundai Glovis?
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.
Hyundai Glovis already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 Hyundai Glovis, (below). Of course, keep in mind that there are other factors to consider, too.
Hyundai Glovis is not owned by hedge funds. Eui-Sun Chung is currently the company's largest shareholder with 20% of shares outstanding. Tallyman AS is the second largest shareholder owning 11% of common stock, and Project Guardian Holdings Limited holds about 10.0% of the company stock.
To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Hyundai Glovis
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. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
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.
Our information suggests that insiders maintain a significant holding in Hyundai Glovis Co., Ltd.. It is very interesting to see that insiders have a meaningful ₩1.8t stake in this ₩8.8t business. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public-- including retail investors -- own 27% 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.
Private Company Ownership
It seems that Private Companies own 21%, of the Hyundai Glovis stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
Public Company Ownership
We can see that public companies hold 4.9% of the Hyundai Glovis shares on issue. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we've identified 1 warning sign for Hyundai Glovis that you should be aware of.
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.
Valuation is complex, but we're here to simplify it.
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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.
About KOSE:A086280
Hyundai Glovis
Operates as logistics and distribution company in South Korea and internationally.
Flawless balance sheet and good value.