Could The Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A. (WSE:KGN) Ownership Structure Tell Us Something Useful?

The big shareholder groups in Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A. (WSE:KGN) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. We also tend to see lower insider ownership in companies that were previously publicly owned.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA is a smaller company with a market capitalization of zł562m, so it may still be flying under the radar of many institutional investors. In the chart below, we can see 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 Zespól Elektrocieplowni Wroclawskich KOGENERACJA.

See our latest analysis for Zespól Elektrocieplowni Wroclawskich KOGENERACJA

What Does The Institutional Ownership Tell Us About Zespól Elektrocieplowni Wroclawskich KOGENERACJA?

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.

We can see that Zespól Elektrocieplowni Wroclawskich KOGENERACJA does have institutional investors; and they hold a good portion of the company's stock. 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 Zespól Elektrocieplowni Wroclawskich KOGENERACJA's earnings history below. Of course, the future is what really matters.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA is not owned by hedge funds. The company's largest shareholder is PGE Polska Grupa Energetyczna S.A., with ownership of 58%. This implies that they have majority interest control of the future of the company. Aviva Powszechne Towarzystwo Emerytalne Aviva Santander S.A. is the second largest shareholder owning 10.0% of common stock, and Powszechne Towarzystwo Emerytalne PZU SA holds about 8.0% of the company stock.

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. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar.

Insider Ownership Of Zespól Elektrocieplowni Wroclawskich KOGENERACJA

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.

Our most recent data indicates that insiders own less than 1% of Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.. It seems the board members have no more than zł12k worth of shares in the zł562m company. I generally like to see a board more invested. However it might be worth checking if those insiders have been buying.

General Public Ownership

The general public holds a 12% stake in Zespól Elektrocieplowni Wroclawskich KOGENERACJA. 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 58% of the Zespól Elektrocieplowni Wroclawskich KOGENERACJA 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:

It's always worth thinking about the different groups who own shares in a company. But to understand Zespól Elektrocieplowni Wroclawskich KOGENERACJA better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Zespól Elektrocieplowni Wroclawskich KOGENERACJA you should be aware of, and 1 of them is concerning.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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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