While Institutions Own 25% of Singapore Exchange Limited (SGX:S68), Individual Investors Are Its Largest Shareholders With 51% Ownership
While Institutions Own 25% of Singapore Exchange Limited (SGX:S68), Individual Investors Are Its Largest Shareholders With 51% Ownership
Every investor in Singapore Exchange Limited (SGX:S68) should be aware of the most powerful shareholder groups. With 51% stake, individual investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Institutions, on the other hand, account for 25% of the company's stockholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies.
In the chart below, we zoom in on the different ownership groups of Singapore Exchange.
Check out our latest analysis for Singapore Exchange
SGX:S68 Ownership Breakdown December 7th 2022What Does The Institutional Ownership Tell Us About Singapore Exchange?
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.
Singapore Exchange 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. 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 Singapore Exchange's historic earnings and revenue below, but keep in mind there's always more to the story.
SGX:S68 Earnings and Revenue Growth December 7th 2022Hedge funds don't have many shares in Singapore Exchange. Temasek Holdings (Private) Limited is currently the largest shareholder, with 23% of shares outstanding. The Vanguard Group, Inc. is the second largest shareholder owning 2.8% of common stock, and Fidelity International Ltd holds about 2.8% of the company stock.
A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
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 Singapore Exchange
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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 most recent data indicates that insiders own less than 1% of Singapore Exchange Limited. Keep in mind that it's a big company, and the insiders own S$45m worth of shares. The absolute value might be more important than the proportional share. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
General Public Ownership
The general public, who are usually individual investors, hold a substantial 51% stake in Singapore Exchange, suggesting it is a fairly popular stock. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.
Private Equity Ownership
With a stake of 23%, private equity firms could influence the Singapore Exchange board. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Singapore Exchange better, we need to consider many other factors.
Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
新加坡交易所有限公司(新加坡交易所:S68)的每位投資者都應注意最強大的股東集團。擁有 51% 的股份,個人投資者擁有公司的最大股份。也就是說,如果股票上漲,該集團受益最大(或者如果出現低迷,則損失最多)。
另一方面,機構佔該公司股東的 25%。機構通常擁有更成熟的公司的股份,而內部人士擁有相當多的小公司並不罕見。
在下圖中,我們放大了新加坡交易所的不同股權組別。
查看我們的新加坡交易所最新分析
新加坡交易所:S68 所有權明細 2022 年 12 月 7 日機構所有權告訴我們關於新加坡交易所的什麼?
機構投資者通常會將自己的回報與常用指數的回報進行比較。因此,他們通常會考慮購買包含在相關基準指數中的大型公司。
新加坡交易所已經在股份登記處設有機構。事實上,他們在公司擁有可觀的股份。這表明專業投資者中的一些可信度。但是,我們不能單靠這一事實,因為有時機構會像每個人一樣進行不良投資。當多個機構擁有一個股票時,他們總有處於「擁擠交易」的風險。當這種交易出錯時,多方可能會競爭快速出售股票。在沒有增長歷史的公司中,這種風險較高。您可以在下面看到新加坡交易所的歷史收入和收入,但請記住,總是有更多的故事。
新加坡交易所:S68 盈利和收入增長 2022 年 12 月 7 日對沖基金在新加坡交易所沒有很多股票。淡馬錫控股(私人)有限公司是目前最大的股東,有 23% 的股份已發行。領航集團股份有限公司是擁有普通股 2.8% 的第二大股東,而富達國際有限公司則持有約 2.8% 的公司股份。
深入了解我們的所有權數據顯示,前 25 名股東總共持有不到一半的登記冊,這意味著一大群沒有單一股東擁有多數股東的小型股東。
儘管研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解風向吹來也是有意義的。不少分析師涵蓋了股票,因此您可以很容易地研究預測增長。
新加坡交易所內幕擁有權
內部人士的定義在不同國家之間可能略有不同,但董事會成員總是計數。管理層最終回答董事會。但是,管理人員成為執行董事會成員並不少見,尤其是如果他們是創始人或首席執行官。
內幕所有權是積極的,當它表示領導力像公司的真正所有者一樣思考。但是,高內部人員所有權也可以為公司內的一個小團體提供巨大的權力。在某些情況下,這可能是否定的。
我們最新的數據顯示,內部人士擁有新加坡交易所有限公司的股份不到 1%。請記住,這是一家大公司,內部人士擁有價值 45 億新元的股票。絕對值可能比比例份額更重要。看到董事會成員擁有股份是很好的,但是如果這些內部人士一直在購買,可能值得檢查。
一般公共所有權
普通大眾通常是個人投資者,在新加坡交易所持有 51% 的股份,表明這是一隻相當受歡迎的股票。通過這種擁有權,散戶投資者可以在影響股東回報的決策中共同發揮作用,例如股息政策和委任董事。他們還可以行使對可能無法提高盈利能力的收購或合併進行投票的權力。
私募股權擁有權
私募股權公司擁有 23% 的股份,可能會影響新加坡交易所董事會。一些投資者可能會受到鼓舞,因為私募股權有時能夠鼓勵有助於市場看到公司價值的策略。或者,這些持有人可能在公開投資後退出投資。
後續步驟:
總是值得考慮擁有公司股份的不同群體。但是,為了更好地了解新加坡交易所,我們還需要考慮許多其他因素。
許多人覺得它有用 深入研究一家公司過去的表現。你可以訪問這個 詳細的圖表 過往收益、收入和現金流。
如果你像我一樣,你可能要考慮一下這家公司是否會成長或縮小。幸運的是,您可以查看此免費報告,顯示分析師對其未來的預測。
注意:本文中的數字是使用過去 12 個月的數據計算的,這些數據是指截至財務報表日期當月最後一個日期的 12 個月期間。這可能與全年年度報告數字不一致。
對這篇文章有反饋嗎?關注內容? 取得聯繫 直接與我們聯繫。 或者,通過電子郵件發送電子郵件給編輯團隊。
這篇文章由簡單牆聖是一般性質. 我們僅使用公正的方法,根據歷史數據和分析師預測提供評論,我們的文章並不打算作為財務建議。 它並不構成購買或出售任何股票的建議,也不會考慮您的目標或您的財務狀況。我們的目標是為您帶來由基本數據驅動的長期集中分析。請注意,我們的分析可能不會考慮最新的價格敏感公司公告或定性材料。簡易華街在提及的任何股票中都沒有倉位。
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧