Hellenic Telecommunications Organization SA (ATH:HTO) jumps 3.1%; public companies that hold 50% of the shares profited with the institutions

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If you want to know who actually controls Hellenic Telecommunications Organization SA (ATH:HTO), then you will need to look at the composition of its share register. The group with the largest number of shares in the company, around 50% to be precise, are the public companies. In other words, the group is likely to gain the most (or lose the most) from its investment in the business.

Public companies gained the most after market capitalization hit 7.6 billion euros last week, while institutions that own 26% also benefited.

Let’s take a closer look at what different types of shareholders can tell us about Hellenic Telecommunications Organization.

Check out our latest analysis for Hellenic Telecommunications Organization

ATSE: HTO Ownership Breakdown April 6, 2022

What does institutional ownership tell us about the Hellenic organization of telecommunications?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it is included in a major index. We would expect most companies to have some institutions listed, especially if they are growing.

We can see that Hellenic Telecommunications Organization has institutional investors; and they own a good part of the shares of the company. This may indicate that the company has some degree of credibility in the investment community. However, it is best to be wary of relying on the so-called validation that accompanies institutional investors. They are also sometimes wrong. 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 earnings history of Hellenic Telecommunications Organization below. Of course, the future is what really matters.

earnings-and-revenue-growth
ATSE: HTO Earnings and Revenue Growth April 6, 2022

We note that hedge funds have no significant investment in Hellenic Telecommunications Organization. Deutsche Telekom AG is currently the company’s largest shareholder with 50% of the outstanding shares. With 4.4% and 4.3% of outstanding shares, respectively, Institute for Social Security – Unified Insurance Fund for Employees and Massachusetts Financial Services Company are the second and third largest shareholders.

After digging a little deeper, we found that the 2 major shareholders collectively control more than half of the company’s shares, implying that they have considerable power to influence company decisions.

Institutional ownership research is a good way to assess and filter the expected performance of a stock. The same can be obtained by studying the feelings of the analyst. There are plenty of analysts covering the stock, so it might be interesting to see what they are predicting as well.

Hellenic Telecommunications Organization Insider Ownership

The definition of company insiders can be subjective and varies from jurisdiction to jurisdiction. Our data reflects individual insiders, capturing at least board members. Management is ultimately responsible to the board of directors. However, it is not uncommon for managers to be members of the management board, especially if they are founders or CEOs.

Insider ownership is positive when it signals that executives think like the true owners of the company. However, strong insider ownership can also give immense power to a small group within the company. This can be negative in certain circumstances.

Our data does not allow us to confirm that the members of the board of directors personally hold shares. It is unusual not to have at least some personal holdings of board members, so our data could be in error. A good next step would be to check how much the CEO gets paid.

General public property

With a 24% stake, the general public, consisting mainly of individual investors, has some influence over Hellenic Telecommunications Organization. This size of ownership, although considerable, may not be sufficient to change company policy if the decision is not in line with other large shareholders.

Ownership of a public company

We can see that the public companies hold 50% of the shares of the Hellenic Telecommunications Organization on the show. It’s hard to say for sure, but it suggests they have intertwined business interests. This could be a strategic stake, so it’s worth monitoring this space for ownership changes.

Next steps:

While it is worth considering the different groups that own a business, there are other, even more important factors. To this end, you should be aware of the 1 warning sign we spotted with Hellenic Telecommunications Organization.

Ultimately the future is the most important. You can access this free analyst forecast report for the company.

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 in which 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.

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