Is Promotora y Operadora de Infraestructura, S. A. B. de C. V. (BMV:PINFRA) Popular Amongst Institutions?

If you want to know who really controls Promotora y Operadora de Infraestructura, S. A. B. de C. V. (BMV:PINFRA), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned.

With a market capitalization of Mex$65b, Promotora y Operadora de Infraestructura S. A. B. de C. V is rather large. We'd expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. Our analysis of the ownership of the company, below, shows that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about Promotora y Operadora de Infraestructura S. A. B. de C. V.

View our latest analysis for Promotora y Operadora de Infraestructura S. A. B. de C. V

What Does The Institutional Ownership Tell Us About Promotora y Operadora de Infraestructura S. A. B. de C. V?

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.

Promotora y Operadora de Infraestructura S. A. B. de C. V 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 Promotora y Operadora de Infraestructura S. A. B. de C. V, (below). Of course, keep in mind that there are other factors to consider, too.

Promotora y Operadora de Infraestructura S. A. B. de C. V is not owned by hedge funds. The company's largest shareholder is Penaloza Family Trust, with ownership of 33%. For context, the second largest shareholder holds about 4.3% of the shares outstanding, followed by an ownership of 3.8% by the third-largest shareholder.

We did some more digging and found that 8 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

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 Promotora y Operadora de Infraestructura S. A. B. de C. V

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

We note our data does not show any board members holding shares, personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.

General Public Ownership

The general public holds a 43% stake in Promotora y Operadora de Infraestructura S. A. B. de C. V. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Private Company Ownership

It seems that Private Companies own 33%, of the Promotora y Operadora de Infraestructura S. A. B. de C. V 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. Be aware that Promotora y Operadora de Infraestructura S. A. B. de C. V is showing 1 warning sign in our investment analysis , 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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