Do Institutions Own Syarikat Takaful Malaysia Keluarga Berhad (KLSE:TAKAFUL) Shares?
A look at the shareholders of Syarikat Takaful Malaysia Keluarga Berhad (KLSE:TAKAFUL) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership.
With a market capitalization of RM4.0b, Syarikat Takaful Malaysia Keluarga Berhad is a decent size, so it is probably on the radar of institutional investors. In the chart below, we can see that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about Syarikat Takaful Malaysia Keluarga Berhad.
View our latest analysis for Syarikat Takaful Malaysia Keluarga Berhad
What Does The Institutional Ownership Tell Us About Syarikat Takaful Malaysia Keluarga Berhad?
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.
As you can see, institutional investors have a fair amount of stake in Syarikat Takaful Malaysia Keluarga Berhad. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Syarikat Takaful Malaysia Keluarga Berhad's earnings history below. Of course, the future is what really matters.
Syarikat Takaful Malaysia Keluarga Berhad is not owned by hedge funds. BIMB Holdings Berhad is currently the largest shareholder, with 59% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Meanwhile, the second and third largest shareholders, hold 5.2% and 4.7%, of the shares outstanding, respectively.
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 Syarikat Takaful Malaysia Keluarga Berhad
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
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.
I can report that insiders do own shares in Syarikat Takaful Malaysia Keluarga Berhad. As individuals, the insiders collectively own RM66m worth of the RM4.0b company. It is good to see some investment by insiders, but it might be worth checking if those insiders have been buying.
General Public Ownership
The general public holds a 13% stake in Syarikat Takaful Malaysia Keluarga Berhad. 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.
Public Company Ownership
We can see that public companies hold 59% of the Syarikat Takaful Malaysia Keluarga Berhad shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that Syarikat Takaful Malaysia Keluarga Berhad 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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About KLSE:TAKAFUL
Syarikat Takaful Malaysia Keluarga Berhad
Manages family and general takaful businesses in Malaysia and Indonesia.
Excellent balance sheet and good value.