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Yahoo
11 hours ago
- Business
- Yahoo
Institutions own 17% of Propel Funeral Partners Limited (ASX:PFP) shares but retail investors control 53% of the company
Significant control over Propel Funeral Partners by retail investors implies that the general public has more power to influence management and governance-related decisions 46% of the business is held by the top 25 shareholders Institutions own 17% of Propel Funeral Partners Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If you want to know who really controls Propel Funeral Partners Limited (ASX:PFP), then you'll have to look at the makeup of its share registry. With 53% stake, retail investors possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, institutions make up 17% of the company's shareholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's take a closer look to see what the different types of shareholders can tell us about Propel Funeral Partners. See our latest analysis for Propel Funeral Partners 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. Propel Funeral Partners already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Propel Funeral Partners, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in Propel Funeral Partners. Our data shows that DKH Ti Pty Ltd is the largest shareholder with 11% of shares outstanding. In comparison, the second and third largest shareholders hold about 5.6% and 5.1% of the stock. In addition, we found that Albin Kurti, the CEO has 2.0% of the shares allocated to their name. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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. 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 Propel Funeral Partners Limited. As individuals, the insiders collectively own AU$40m worth of the AU$613m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a substantial 53% stake in Propel Funeral Partners, suggesting it is a fairly popular stock. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability. It seems that Private Companies own 15%, of the Propel Funeral Partners stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It's always worth thinking about the different groups who own shares in a company. But to understand Propel Funeral Partners better, we need to consider many other factors. For instance, we've identified 1 warning sign for Propel Funeral Partners that you should be aware of. 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Business
- Yahoo
Institutions own 17% of Propel Funeral Partners Limited (ASX:PFP) shares but retail investors control 53% of the company
Significant control over Propel Funeral Partners by retail investors implies that the general public has more power to influence management and governance-related decisions 46% of the business is held by the top 25 shareholders Institutions own 17% of Propel Funeral Partners Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If you want to know who really controls Propel Funeral Partners Limited (ASX:PFP), then you'll have to look at the makeup of its share registry. With 53% stake, retail investors possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, institutions make up 17% of the company's shareholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's take a closer look to see what the different types of shareholders can tell us about Propel Funeral Partners. See our latest analysis for Propel Funeral Partners 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. Propel Funeral Partners already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Propel Funeral Partners, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in Propel Funeral Partners. Our data shows that DKH Ti Pty Ltd is the largest shareholder with 11% of shares outstanding. In comparison, the second and third largest shareholders hold about 5.6% and 5.1% of the stock. In addition, we found that Albin Kurti, the CEO has 2.0% of the shares allocated to their name. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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. 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 Propel Funeral Partners Limited. As individuals, the insiders collectively own AU$40m worth of the AU$613m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a substantial 53% stake in Propel Funeral Partners, suggesting it is a fairly popular stock. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability. It seems that Private Companies own 15%, of the Propel Funeral Partners stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It's always worth thinking about the different groups who own shares in a company. But to understand Propel Funeral Partners better, we need to consider many other factors. For instance, we've identified 1 warning sign for Propel Funeral Partners that you should be aware of. 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
Straits Times
3 days ago
- Business
- Straits Times
EU sanctions cost Kosovo 600 million euros in stalled funds, says think tank
ATHENS - Kosovo has lost out on more than 600 million euros of external funding relating to environmental protection and energy projects among others, since the European Union imposed sanctions in 2023, according to a report by the GAP Institute think tank. Kosovo's government disputes the sum, but the report, by a local body, gives one of the first independent assessments of the impact on one of Europe's poorest countries of sanctions for its role in stoking ethnic tensions in its Serb-majority north. "The measures ... have resulted in significant financial and developmental consequences, costing Kosovo around 613.4 million euros in suspended or indefinitely delayed projects," the GAP Institute said in its report. The affected funds relate to various financial instruments that have helped Kosovo's development since it gained independence from Serbia in 2008. The most-hit sectors are environment and energy, where more than 460 million euros have been stalled, the report said. That represents a big blow for a country that desperately needs to reduce its reliance on coal-fired power generation. Earlier this year, Reuters identified at least 150 million euros in stalled funds. The EU has not publicly said how much is delayed. Kosovo's government disputes both figures. Apart from 7.1 million euros that it says have been lost due to contracts expiring, the funds "are neither lost nor at risk" because they will resume when sanctions are lifted, a spokesperson told Reuters on Tuesday. The EU's foreign policy chief Kaja Kallas said last week that the bloc would begin to "gradually" lift the sanctions, on the condition that Kosovo de-escalate tensions in the north. A senior diplomat told Reuters that the EU would begin to provide technical assistance for EU-funded projects in the next few weeks but that there was currently no plan to disburse funds. Kosovo is not recognised as a state by some EU members, which makes lifting the sanctions more difficult. The gradual lifting "is not very substantial and it is very unlikely that the EU can move forward with funding," the diplomat said. Kosovo has aspirations to join the EU. However, that process has also been hobbled by Prime Minister Albin Kurti's role in raising tensions in the north by systematically closing Serb-run institutions, banning the use of the Serbian dinar within its borders, and choking trade. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Reuters
22-05-2025
- Business
- Reuters
EU says it has begun to ease sanctions on Kosovo
May 22 (Reuters) - The EU's top diplomat Kaja Kallas on Thursday said the bloc has begun to lift sanctions on Kosovo, but that the process would be conditional on a sustained de-escalation of violence and hostilities in the north. The European Union placed economic curbs on the country in 2023 for its role in tensions in the Serb-dominated north, where leftist Albanian nationalist Prime Minister Albin Kurti has sought to extend government control. The bloc cut at least 150 million euros ($170 million)in funding, Reuters found. "As a sign of our commitment, I can announce that the EU has begun to gradually lift measures introduced in June 2023," Kallas told reporters in Pristina. "The decision opens the door for greater opportunities for crossovers, development and also closer ties with Europe. But it's conditional on sustained de-escalation in the North." Kallas also urged Kosovo's political parties to end disputes that have blocked the formation of a new government after February elections, saying functioning institutions were needed to secure EU membership. Kurti has repeatedly failed to secure the election of a new speaker, prompting fears of an economic backlash after months of political stalemate in one of Europe's poorest countries. Lawmakers have been meeting every 48 hours since mid-April to elect a new speaker, a step required before Kurti, who failed to win a majority in a February election, can try to form a coalition government. Kallas, who earlier on Thursday also visited Serbia, said that the 27-member bloc was opened to enlargement and wanted Kosovo to take advantage of the bloc's 6 billion euro Growth Plan for the Western Balkans. "For that to happen, Kosovo needs functioning institutions that can effectively implement reforms, and that's why I encourage all parties to break the political stalemates and swiftly form a government," she said. Both Kosovo and Serbia aim to join the European Union, but in order to make progress they need to normalise ties with each other and establish diplomatic relations. In 2013 the parties agreed to an EU sponsored dialogue, but little progress has been made. ($1 = 0.8866 euros)
Reuters
21-05-2025
- Business
- Reuters
Kosovo's political stalemate could put EU funds at risk, trade body warns
GDANSK, Poland, May 21 (Reuters) - Kosovo's parliament failed to elect a new speaker for the 15th straight time on Wednesday, prompting fears of an economic backlash after months of political stalemate in one of Europe's poorest countries. Lawmakers have been meeting every 48 hours since mid-April to elect a new speaker, a step required before Prime Minister Albin Kurti, a leftist nationalist who failed to win a majority in a February election, can try to form a coalition government. But that is proving difficult without cross-party support: Albulena Haxhiu, Kurti's candidate for speaker, has repeatedly fallen shy of the 61 votes needed. On Wednesday she received 54 votes. The parliament is set to reconvene in two days. No law limits the stalemate, although some analysts have said that President Vjosa Osmani could call snap elections if it continues. However, if parliament keeps failing to elect a speaker, experts say Kosovo, a small Balkan country of 1.6 million people that gained independence from Serbia in 2008, risks delaying or losing sorely needed funding from the European Union and the World Bank that is earmarked for health, education and green energy. "There are projects and loans worth 700-800 million waiting to be voted in the parliament that are hanging because of the crisis," Lulzim Rafuna, president of Kosovo's Chamber of Commerce, told Reuters. "Businesses are in limbo without knowing what reforms, fiscal politics and what taxes they will have from the new government." Following a request for comment, Kosovo's outgoing deputy prime minister Besnik Bislimi said in a statement that no EU funds would be lost, and that a speaker should be approved so that parliament could vote through the funding. The crisis comes after an acrimonious election in which the opposition argued over major issues including Kosovo's tense relations with Serbia - an issue that led the EU to cut funding to Kosovo in 2023. In a Tuesday interview with public broadcaster RTK, Kurti offered no sign that he would change his candidate despite opposition demands to do so. "They (the opposition) don't believe that I have 61 votes to become prime minister and I am telling them test me," Kurti said. He did not say how he expected to win enough votes to form a government when he cannot get enough votes for his candidate for speaker.
