Johannesburg, South Africa – Shareholders of Curro Holdings Limited (JSE: COH) are witnessing a pronounced effect on the company’s stock price, driven by the substantial influence wielded by various shareholder groups. Notably, institutional investors, who command a significant 40% ownership stake in the company, possess the potential to exert considerable sway over trading decisions, owing to their substantial resources and liquidity. However, a synchronized shift in perception of the stock by multiple institutions could trigger a rapid decline in the share price.
The historical earnings performance and future prospects of Curro Holdings are pivotal factors in this dynamic market scenario. Beyond institutional investors, hedge funds, renowned for their active participation, claim ownership of 5.6% of Curro Holdings’ shares.
Leading the list of significant stakeholders is the Jf Mouton Familietrust, which maintains a commanding 13% ownership stake. Subsequently, the second and third largest shareholders hold approximately 11% and 9.8% respectively. Together, these top six shareholders collectively represent around 52% of the company’s share registry, indicating a delicate balance between the interests of larger and smaller shareholders.
Furthermore, the presence of insider ownership in Curro Holdings Limited is a noteworthy factor. Insiders, in aggregate, possess ZAR 273 million worth of shares in the ZAR 6.1 billion company, showcasing an alignment of interests between shareholders and the company’s board. The general public holds a significant 26% stake in Curro Holdings, while private companies own 13% of the issued shares, which may include related parties or insiders holding through private entities.
Prospective investors are urged to take into consideration specific risks associated with Curro Holdings, as two warning signs have been identified for the company.
