Advertisement
UK markets close in 8 hours 2 minutes
  • FTSE 100

    8,360.28
    +6.23 (+0.07%)
     
  • FTSE 250

    20,487.75
    -4.24 (-0.02%)
     
  • AIM

    782.22
    +2.39 (+0.31%)
     
  • GBP/EUR

    1.1623
    +0.0000 (+0.00%)
     
  • GBP/USD

    1.2479
    -0.0018 (-0.14%)
     
  • Bitcoin GBP

    49,300.12
    -534.56 (-1.07%)
     
  • CMC Crypto 200

    1,310.81
    +10.71 (+0.82%)
     
  • S&P 500

    5,187.67
    -0.03 (-0.00%)
     
  • DOW

    39,056.39
    +172.13 (+0.44%)
     
  • CRUDE OIL

    79.43
    +0.44 (+0.56%)
     
  • GOLD FUTURES

    2,319.60
    -2.70 (-0.12%)
     
  • NIKKEI 225

    38,073.98
    -128.39 (-0.34%)
     
  • HANG SENG

    18,527.75
    +213.89 (+1.17%)
     
  • DAX

    18,559.45
    +61.07 (+0.33%)
     
  • CAC 40

    8,135.45
    +4.04 (+0.05%)
     

How Much Of uniQure N.V. (NASDAQ:QURE) Do Institutions Own?

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

The big shareholder groups in uniQure N.V. (NASDAQ:QURE) have power over the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Companies that have been privatized tend to have low insider ownership.

uniQure isn't enormous, but it's not particularly small either. It has a market capitalization of US$2.9b, which means it would generally expect to see some institutions on the share registry. In the chart below below, we can see that institutions are noticeable on the share registry. Let's take a closer look to see what the different types of shareholder can tell us about QURE.

ADVERTISEMENT

Check out our latest analysis for uniQure

NasdaqGS:QURE Ownership Summary, July 2nd 2019
NasdaqGS:QURE Ownership Summary, July 2nd 2019

What Does The Institutional Ownership Tell Us About uniQure?

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.

As you can see, institutional investors own 62% of uniQure. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see uniQure's historic earnings and revenue, below, but keep in mind there's always more to the story.

NasdaqGS:QURE Income Statement, July 2nd 2019
NasdaqGS:QURE Income Statement, July 2nd 2019

Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Our data indicates that hedge funds own 5.3% of uniQure. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of uniQure

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

We can see that insiders own shares in uniQure N.V.. The insiders have a meaningful stake worth US$67m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public, with a 13% stake in the company, will not easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Equity Ownership

With an ownership of 12%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.

Public Company Ownership

Public companies currently own 6.3% of QURE stock. We can't be certain, but this is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.

I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

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

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.