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- BMV:GAP B
retail investors who own 45% along with institutions invested in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (BMV:GAPB) saw increase in their holdings value last week
Key Insights
- Significant control over Grupo Aeroportuario del Pacífico. de by retail investors implies that the general public has more power to influence management and governance-related decisions
- The top 25 shareholders own 50% of the company
- 36% of Grupo Aeroportuario del Pacífico. de is held by Institutions
Every investor in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (BMV:GAPB) should be aware of the most powerful shareholder groups. With 45% stake, retail investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
While retail investors were the group that benefitted the most from last week’s Mex$11b market cap gain, institutions too had a 36% share in those profits.
In the chart below, we zoom in on the different ownership groups of Grupo Aeroportuario del Pacífico. de.
Check out our latest analysis for Grupo Aeroportuario del Pacífico. de
What Does The Institutional Ownership Tell Us About Grupo Aeroportuario del Pacífico. de?
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.
Grupo Aeroportuario del Pacífico. de 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 Grupo Aeroportuario del Pacífico. de, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in Grupo Aeroportuario del Pacífico. de. Looking at our data, we can see that the largest shareholder is Controladora Mexicana de Aeropuertos, S.A. with 19% of shares outstanding. For context, the second largest shareholder holds about 6.1% of the shares outstanding, followed by an ownership of 6.0% by the third-largest shareholder.
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 25 shareholders, meaning that no single shareholder has a majority interest in the ownership.
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 Grupo Aeroportuario del Pacífico. de
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.
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 most recent data indicates that insiders own less than 1% of Grupo Aeroportuario del Pacífico, S.A.B. de C.V.. But they may have an indirect interest through a corporate structure that we haven't picked up on. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own Mex$127m worth of shares (at current prices). Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
General Public Ownership
The general public, who are usually individual investors, hold a 45% stake in Grupo Aeroportuario del Pacífico. de. 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.
Private Company Ownership
It seems that Private Companies own 19%, of the Grupo Aeroportuario del Pacífico. de stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
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. For example, we've discovered 2 warning signs for Grupo Aeroportuario del Pacífico. de that you should be aware of before investing here.
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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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 BMV:GAP B
Grupo Aeroportuario del Pacífico. de
Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica.
Reasonable growth potential with acceptable track record.