Key Insights

• Grand City Properties' significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public

• Edolaxia LTD owns 59% of the company

• Institutions own 22% of Grand City Properties

A look at the shareholders of Grand City Properties S.A. (ETR:GYC) can tell us which group is most powerful. The group holding the most number of shares in the company, around 59% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).

While private companies were the group that reaped the most benefits after last week’s 5.5% price gain, institutions also received a 22% cut.

Let's take a closer look to see what the different types of shareholders can tell us about Grand City Properties.

Check out our latest analysis for Grand City Properties

What Does The Institutional Ownership Tell Us About Grand City Properties?

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 Grand City Properties does have institutional investors; and they hold a good portion of the company's stock. 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 Grand City Properties' earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Grand City Properties. Edolaxia LTD is currently the company's largest shareholder with 59% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. With 3.3% and 3.2% of the shares outstanding respectively, Candriam, société en commandite par actions and Massachusetts Financial Services Company are the second and third largest shareholders.

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 Grand City Properties

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.