Published on 12 Jan 2024 on Simply Wall St. via Yahoo Finance
Institutional investors are Tricon Residential Inc.'s (TSE:TCN) biggest bettors and were rewarded...
Key Insights
Given the large stake in the stock by institutions, Tricon Residential's stock price might be vulnerable to their trading decisionsA total of 16 investors have a majority stake in the company with 51% ownershipInsiders have been buying lately
A look at the shareholders of Tricon Residential Inc. (TSE:TCN) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 70% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).