Stock Analysis

How Much Of Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MCX:HYDR) Do Institutions Own?

MISX:HYDR
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Every investor in Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MCX:HYDR) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. We also tend to see lower insider ownership in companies that were previously publicly owned.

Federal Hydro-Generating Company - RusHydro has a market capitalization of ₽333b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. We can zoom in on the different ownership groups, to learn more about Federal Hydro-Generating Company - RusHydro.

View our latest analysis for Federal Hydro-Generating Company - RusHydro

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MISX:HYDR Ownership Breakdown December 21st 2020

What Does The Institutional Ownership Tell Us About Federal Hydro-Generating Company - RusHydro?

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.

Federal Hydro-Generating Company - RusHydro already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Federal Hydro-Generating Company - RusHydro's historic earnings and revenue below, but keep in mind there's always more to the story.

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MISX:HYDR Earnings and Revenue Growth December 21st 2020

We note that hedge funds don't have a meaningful investment in Federal Hydro-Generating Company - RusHydro. Looking at our data, we can see that the largest shareholder is Federal Agency for State Property Management with 62% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. For context, the second largest shareholder holds about 13% of the shares outstanding, followed by an ownership of 5.8% by the third-largest shareholder.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Federal Hydro-Generating Company - RusHydro

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. 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.

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 Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own ₽13m worth of shares. 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, with a 15% stake in the company, will not easily be ignored. 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.

Public Company Ownership

It appears to us that public companies own 5.8% of Federal Hydro-Generating Company - RusHydro. 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:

It's always worth thinking about the different groups who own shares in a company. But to understand Federal Hydro-Generating Company - RusHydro better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 3 warning signs for Federal Hydro-Generating Company - RusHydro you should know about.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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. 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.
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About MISX:HYDR

Federal Hydro-Generating Company - RusHydro

Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, together with its subsidiaries, generates, transmits, distributes, and sells electricity and heat in Russia.

Adequate balance sheet second-rate dividend payer.