Published on 24 May 2024 on Simply Wall St. via Yahoo Finance
WPP plc (LON:WPP) is favoured by institutional owners who hold 63% of the company
Key Insights
Significantly high institutional ownership implies WPP's stock price is sensitive to their trading actionsThe top 23 shareholders own 50% of the companyOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
To get a sense of who is truly in control of WPP plc (LON:WPP), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 63% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).