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Do Institutions Own Jardine Cycle & Carriage Limited (SGX:C07) Shares?

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Every investor in Jardine Cycle & Carriage Limited (SGX:C07) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. We also tend to see lower insider ownership in companies that were previously publicly owned.

With a market capitalization of S$14b, Jardine Cycle & Carriage is rather large. We’d expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. Taking a look at the our data on the ownership groups (below), it’s seems that institutional investors have bought into the company. Let’s take a closer look to see what the different types of shareholder can tell us about C07.

View our latest analysis for Jardine Cycle & Carriage

SGX:C07 Ownership Summary January 10th 19
SGX:C07 Ownership Summary January 10th 19

What Does The Institutional Ownership Tell Us About Jardine Cycle & Carriage?

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 Jardine Cycle & Carriage does have institutional investors; and they hold 6.4% of the stock. 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. 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 Jardine Cycle & Carriage’s earnings history, below. Of course, the future is what really matters.

SGX:C07 Income Statement Export January 10th 19
SGX:C07 Income Statement Export January 10th 19

Jardine Cycle & Carriage is not owned by hedge funds. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Jardine Cycle & Carriage

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.

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 information suggests that Jardine Cycle & Carriage Limited insiders own under 1% of the company. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amount to less than 1%, we can see that board members collectively own S$89m worth of shares (at current prices). In this sort of situation, it can be more interesting to see if those insiders have been buying or selling.