Hedge funds own 28% of Yatra Online, Inc. (NASDAQ:YTRA) shares but retail investors control 33% of the company
In This Article:
Key Insights
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Yatra Online's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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A total of 7 investors have a majority stake in the company with 53% ownership
If you want to know who really controls Yatra Online, Inc. (NASDAQ:YTRA), then you'll have to look at the makeup of its share registry. We can see that retail investors own the lion's share in the company with 33% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Meanwhile, hedge funds make up 28% of the company’s shareholders.
Let's delve deeper into each type of owner of Yatra Online, beginning with the chart below.
See our latest analysis for Yatra Online
What Does The Institutional Ownership Tell Us About Yatra Online?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
Yatra Online 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. 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 Yatra Online, (below). Of course, keep in mind that there are other factors to consider, too.
It looks like hedge funds own 28% of Yatra Online shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. The company's largest shareholder is MAK Capital One, LLC, with ownership of 21%. Meanwhile, the second and third largest shareholders, hold 7.8% and 6.6%, of the shares outstanding, respectively. Furthermore, CEO Dhruv Shringi is the owner of 4.0% of the company's shares.
We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.