Individual investors own 37% of Sixt SE (ETR:SIX2) shares but private companies control 38% of the company
In This Article:
Key Insights
-
The considerable ownership by private companies in Sixt indicates that they collectively have a greater say in management and business strategy
-
A total of 5 investors have a majority stake in the company with 51% ownership
Every investor in Sixt SE (ETR:SIX2) should be aware of the most powerful shareholder groups. We can see that private companies own the lion's share in the company with 38% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Individual investors, on the other hand, account for 37% of the company's stockholders.
In the chart below, we zoom in on the different ownership groups of Sixt.
Check out our latest analysis for Sixt
What Does The Institutional Ownership Tell Us About Sixt?
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.
As you can see, institutional investors have a fair amount of stake in Sixt. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Sixt's earnings history below. Of course, the future is what really matters.
Sixt is not owned by hedge funds. The company's largest shareholder is Asv Verwaltungs GmbH & Co. Grundbesitz Vermietungs KG, with ownership of 38%. With 4.8% and 4.0% of the shares outstanding respectively, Union Asset Management Holding AG and Deutsche Asset & Wealth Management are the second and third largest shareholders.
To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Sixt
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.