Market cap

The market capitalization of Fortinova Fastigheter AB (Publ) (STO:FNOVA B) fell by 221 million kr last week; individuals who hold 34% have been affected as well as institutions

If you want to know who actually controls Fortinova Fastigheter AB (Publ) (STO:FNOVA B), then you will need to look at the composition of its share register. We can see that individual investors hold the lion’s share of the company with 34% ownership. That is, the group will benefit the most if the stock goes up (or lose the most if there is a downturn).

While individual investors’ holdings took a hit after prices fell 12% last week, institutions with their 30% holdings also suffered.

In the table below, we zoom in on the different property groups of Fortinova Fastigheter.

However, if you prefer to see where opportunities and risks are within FNOVA B’s industryyou can consult our analysis on the SE real estate sector.

OM:FNOVA B Distribution of ownership September 10, 2022

What does institutional ownership tell us about Fortinova Fastigheter?

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 Fortinova Fastigheter has institutional investors; and they own a good part of the shares of the company. This suggests some credibility with professional investors. But we cannot rely solely on this fact since institutions sometimes make bad investments, like everyone else. If multiple institutions change their minds on a stock at the same time, you could see the stock price drop quickly. So it is worth checking out the Fortinova Fastigheter earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
OM:FNOVA B Earnings and Revenue Growth September 10, 2022

We note that hedge funds have no significant investment in Fortinova Fastigheter. Ica-Handlarnas Förbund is currently the company’s largest shareholder with 12% of outstanding shares. In comparison, the second and third shareholders hold approximately 9.7% and 9.1% of the shares.

We also observed that the top 7 shareholders represent more than half of the share register, with some small shareholders to balance the interests of the larger ones to some extent.

While studying the institutional ownership of a company can add value to your research, it is also recommended that you research analyst recommendations to better understand a stock’s expected performance. Our information suggests there is no analyst coverage of the stock, so it is likely little known.

Fortinova Fastigheter Insider Property

The definition of an insider may differ slightly from country to country, but board members still matter. The management of the company runs the company, but the CEO will answer to the board of directors, even if he is a member of it.

I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.

Our most recent data indicates that insiders hold certain shares of Fortinova Fastigheter AB (Publ). In their own name, the insiders hold 39 million kr of shares in the company 1.6 billion kr. This shows at least some alignment, but we generally like to see larger insider holdings. You can click here to see if these insiders have been buying or selling.

General public property

With a 34% stake, the general public, consisting mainly of individual investors, has some influence over Fortinova Fastigheter. While that size of ownership might not be enough to sway a policy decision in their favor, they can still have a collective impact on company policies.

Private Company Ownership

It appears that private companies own 24% of the shares of Fortinova Fastigheter. Private companies can be related parties. Sometimes insiders have an interest in a public company through an equity stake in a private company, rather than in their own capacity as individuals. Although it is difficult to draw general conclusions, it should be noted that this is an area for further research.

Ownership of a public company

It appears to us that public companies hold 9.7% of Fortinova Fastigheter. It may be a strategic interest and both companies may have related business interests. They may have separated. This exploitation probably deserves further investigation.

Next steps:

While it is worth considering the different groups that own a business, there are other, even more important factors. Take for example the ubiquitous specter of investment risk. We have identified 2 warning signs with Fortinova Fastigheter (at least 1 which is a little unpleasant), and understanding them should be part of your investment process.

Sure this may not be the best stock to buy. So take a look at this free free list of interesting companies.

NB: The figures in this article are calculated using trailing twelve month data, which refers to the 12 month period ending on the last day of the month the financial statements are dated. This may not be consistent with the annual report figures for the full year.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Calculation of discounted cash flows for each share

Simply Wall St performs a detailed calculation of discounted cash flow every 6 hours for every stock in the market, so if you want to find the intrinsic value of any company, just search here. It’s free.