Published on 13 Feb 2024 on Simply Wall St. via Yahoo Finance
With 62% ownership of the shares, Lancaster Colony Corporation (NASDAQ:LANC) is heavily dominated by...
Key Insights
Given the large stake in the stock by institutions, Lancaster Colony's stock price might be vulnerable to their trading decisionsThe top 17 shareholders own 51% of the companyOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
A look at the shareholders of Lancaster Colony Corporation (NASDAQ:LANC) can tell us which group is most powerful. With 62% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).