City Developments Limited's (SGX:C09) top owners are private companies with 54% stake, while 32% is held by individual investors

In This Article:

Key Insights

  • Significant control over City Developments by private companies implies that the general public has more power to influence management and governance-related decisions

  • 54% of the business is held by the top 2 shareholders

  • Institutional ownership in City Developments is 14%

Every investor in City Developments Limited (SGX:C09) should be aware of the most powerful shareholder groups. With 54% stake, private companies possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Individual investors, on the other hand, account for 32% of the company's stockholders.

Let's delve deeper into each type of owner of City Developments, beginning with the chart below.

See our latest analysis for City Developments

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SGX:C09 Ownership Breakdown October 4th 2024

What Does The Institutional Ownership Tell Us About City Developments?

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 City Developments. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of City Developments, (below). Of course, keep in mind that there are other factors to consider, too.

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SGX:C09 Earnings and Revenue Growth October 4th 2024

Hedge funds don't have many shares in City Developments. The company's largest shareholder is Hong Leong Investment Holdings Pte. Ltd., with ownership of 49%. In comparison, the second and third largest shareholders hold about 5.1% and 2.2% of the stock.

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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of City Developments

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.