Key Insights
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Insiders appear to have a vested interest in Westshore Terminals Investment's growth, as seen by their sizeable ownership
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A total of 2 investors have a majority stake in the company with 50% ownership
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Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
A look at the shareholders of Westshore Terminals Investment Corporation ( TSE:WTE ) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 48% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
So, insiders of Westshore Terminals Investment have a lot at stake and every decision they make on the company's future is important to them from a financial point of view.
In the chart below, we zoom in on the different ownership groups of Westshore Terminals Investment.
Check out our latest analysis for Westshore Terminals Investment
What Does The Institutional Ownership Tell Us About Westshore Terminals Investment?
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.
As you can see, institutional investors have a fair amount of stake in Westshore Terminals Investment. 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 Westshore Terminals Investment's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in Westshore Terminals Investment. Looking at our data, we can see that the largest shareholder is James Pattison with 47% of shares outstanding. With 3.0% and 2.3% of the shares outstanding respectively, BlackRock, Inc. and The Vanguard Group, Inc. are the second and third largest shareholders.
After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
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. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.
Insider Ownership Of Westshore Terminals Investment
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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 most recent data indicates that insiders own a reasonable proportion of Westshore Terminals Investment Corporation. It has a market capitalization of just CA$1.7b, and insiders have CA$814m worth of shares in their own names. That's quite significant. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public, who are usually individual investors, hold a 43% stake in Westshore Terminals Investment. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Westshore Terminals Investment better, we need to consider many other factors. Be aware that Westshore Terminals Investment is showing 1 warning sign in our investment analysis , you should know about...
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts .
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This article by Simply Wall St is general in nature.
We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.
It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
