Key Insights

• Significantly high institutional ownership implies Dayang Enterprise Holdings Bhd's stock price is sensitive to their trading actions

• A total of 7 investors have a majority stake in the company with 53% ownership

• Insiders own 16% of Dayang Enterprise Holdings Bhd

If you want to know who really controls Dayang Enterprise Holdings Bhd (KLSE:DAYANG), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 37% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.

Let's delve deeper into each type of owner of Dayang Enterprise Holdings Bhd, beginning with the chart below.

View our latest analysis for Dayang Enterprise Holdings Bhd

What Does The Institutional Ownership Tell Us About Dayang Enterprise Holdings Bhd?

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.

We can see that Dayang Enterprise Holdings Bhd does have institutional investors; and they hold a good portion of the company's stock. 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 Dayang Enterprise Holdings Bhd's earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Dayang Enterprise Holdings Bhd. Naim Holdings Berhad is currently the company's largest shareholder with 24% of shares outstanding. With 8.8% and 5.9% of the shares outstanding respectively, Suk Ling and Hong Leong Asset Management Bhd. are the second and third largest shareholders. Suk Ling, who is the second-largest shareholder, also happens to hold the title of Senior Key Executive. In addition, we found that Yusof Bin Ahmad Shahruddin, the CEO has 3.0% of the shares allocated to their name.

We did some more digging and found that 7 of the top shareholders account for roughly 53% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Dayang Enterprise Holdings Bhd

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our most recent data indicates that insiders own a reasonable proportion of Dayang Enterprise Holdings Bhd. Insiders have a RM484m stake in this RM3.1b business. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.

General Public Ownership

With a 23% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Dayang Enterprise Holdings Bhd. 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.

Public Company Ownership

We can see that public companies hold 24% of the Dayang Enterprise Holdings Bhd shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Dayang Enterprise Holdings Bhd better, we need to consider many other factors. Be aware that Dayang Enterprise Holdings Bhd is showing 1 warning sign in our investment analysis , you should know about...

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.

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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.