State or government among Poste Italiane SpA's (BIT:PST) largest stockholders and were hit after last week's 8.2% price drop - Simply Wall St
If you want to know who really controls Poste Italiane SpA (BIT:PST), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are state or government with 65% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
As market cap fell to €14b last week, state or government would have faced the highest losses than any other shareholder groups of the company.
In the chart below, we zoom in on the different ownership groups of Poste Italiane.
Check out our latest analysis for Poste Italiane
What Does The Institutional Ownership Tell Us About Poste Italiane?
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.
As you can see, institutional investors have a fair amount of stake in Poste Italiane. 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 Poste Italiane's earnings history below. Of course, the future is what really matters.
Poste Italiane is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Cassa depositi e prestiti S.p.A. with 35% of shares outstanding. For context, the second largest shareholder holds about 30% of the shares outstanding, followed by an ownership of 1.9% by the third-largest shareholder.
To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Poste Italiane
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.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our data cannot confirm that board members are holding shares personally. Not all jurisdictions have the same rules around disclosing insider ownership, and it is possible we have missed something, here. So you can click here learn more about the CEO.
General Public Ownership
With a 27% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Poste Italiane. 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.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Poste Italiane has 3 warning signs (and 1 which is potentially serious) we think you should know about.
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter 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.
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.
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State or government among Poste Italiane SpA's (BIT:PST) largest stockholders and were hit after last week's 8.2% price drop - Simply Wall St
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