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Top 1 reece limited News Today

#1
finance.yahoo.com
#1 out of 197.73%
business3h ago

While institutions invested in Reece Limited (ASX:REH) benefited from last week's 16% gain, private companies stood to gain the most

  • Private companies hold 58% of Reece Limited, giving them substantial influence over decisions.
  • Top four shareholders control more than half of the company, shaping strategic direction.
  • Insiders own a significant stake, totaling AU$1.0 billion in shares.
  • Institutions also hold a noticeable portion, suggesting analysts’ interest in the stock.
  • General public owns about 13% of Reece, indicating modest retail influence.
  • The analysis ties ownership structure to potential benefits from stock movement last week.
  • Largest shareholder is L.T. Wilson Pty Ltd with 25% ownership.
  • The article advises examining historic earnings and revenue for context.
  • The piece notes the risk of a crowded trade when multiple institutions own stock.
  • The report suggests using analyst forecasts to gauge future growth potential.
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