Published on 20 Jun 2024 on Simply Wall St. · via Yahoo Finance
Phoenix Group Holdings plc's (LON:PHNX) one-year returns climbed after last...
Key Insights
Institutions' substantial holdings in Phoenix Group Holdings implies that they have significant influence over the company's share price51% of the business is held by the top 10 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
Every investor in Phoenix Group Holdings plc (LON:PHNX) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 78% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).