Exploring Cementos Pacasmayo S.A.A. (CPAC) Investor Profile: Who’s Buying and Why?

Who Invests in Cementos Pacasmayo S.A.A. (CPAC) and Why?

Who Invests in Cementos Pacasmayo S.A.A. (CPAC) and Why?

Understanding the investor landscape for Cementos Pacasmayo S.A.A. (CPAC) involves examining the key types of investors, their motivations for investing, and the strategies they employ.

Key Investor Types

• Retail Investors: Individual investors who typically invest smaller amounts. They are attracted to CPAC for its growth potential and dividend yield.
• Institutional Investors: Entities like pension funds, mutual funds, and insurance companies that invest large sums. They often focus on CPAC's financial stability and market position.
• Hedge Funds: These investors look for short-term opportunities and may utilize various strategies to capitalize on market fluctuations related to CPAC's stock.

Investment Motivations

Investors are drawn to CPAC due to several factors:

• Growth Prospects: The company reported a revenue increase to S/1,451,399,000 for the nine-month period ending September 30, 2024, compared to S/1,438,698,000 in the same period of 2023.
• Dividends: CPAC has maintained a consistent dividend policy, with dividends payable amounting to S/10,193,000 as of September 30, 2024.
• Market Position: CPAC is a leading cement producer in Peru, providing a competitive edge that attracts long-term investors.

Investment Strategies

Investors utilize various strategies when engaging with CPAC's stock:

• Long-term Holding: Many institutional investors adopt a buy-and-hold strategy, focusing on the company's long-term growth and dividend payouts.
• Short-term Trading: Retail and hedge fund investors may engage in frequent trading based on market trends and price fluctuations.
• Value Investing: Some investors look for undervalued stocks, considering CPAC's earnings growth and low debt levels as attractive metrics.

As of September 30, 2024, CPAC reported a net profit of S/148,795,000, an increase from S/133,041,000 in the previous year. This consistent growth in profitability further solidifies its attractiveness to various investor types.

In summary, the diverse investor base of Cementos Pacasmayo reflects a blend of motivations and strategies that align with the company's robust financial performance and promising market outlook.

Institutional Ownership and Major Shareholders of Cementos Pacasmayo S.A.A. (CPAC)

Institutional Ownership and Major Shareholders

The institutional ownership of Cementos Pacasmayo S.A.A. (CPAC) is a critical aspect of its investor profile, reflecting the confidence that large investors have in the company's potential. As of the latest data available in 2024, the following table outlines the top institutional investors and their respective shareholdings:

Recent trends show that institutional investors have been actively adjusting their stakes in CPAC. Over the past year, there has been a noticeable increase in the holdings of major institutional investors, indicating a growing confidence in the company’s performance and strategic direction. Specifically, BlackRock, Inc. increased its stake by 2.5%, while Vanguard Group raised its holdings by 1.8%.

Conversely, some institutions have slightly reduced their stakes. For instance, State Street Corporation decreased its ownership by 0.5%, which can be attributed to portfolio rebalancing strategies rather than a negative outlook on the company.

The role of institutional investors in Cementos Pacasmayo S.A.A. cannot be overstated. These large investors significantly influence the company’s stock price through their trading activities. Their investment decisions often serve as a barometer of market sentiment regarding the firm’s future prospects. Moreover, institutional ownership typically aligns with more robust governance practices and can lead to enhanced strategic focus, particularly in areas like sustainability and operational efficiency.

Furthermore, institutional investors often advocate for changes that can positively impact the stock price, such as increased dividends or share buybacks. Their involvement also attracts more retail investors, contributing to a more liquid market for the company's shares.

In summary, the institutional ownership landscape of Cementos Pacasmayo S.A.A. is characterized by significant stakes held by prominent investors, recent increases in holdings reflecting positive sentiment, and a substantial influence on the company's strategic direction and stock performance.

Key Investors and Their Influence on Cementos Pacasmayo S.A.A. (CPAC)

Key Investors and Their Impact on Cementos Pacasmayo S.A.A. (CPAC)

Notable Investors:

• As of September 30, 2024, the largest shareholders include Inversiones ASPI S.A., which holds approximately 20.5% of the total shares.
• Mutual funds and institutional investors have also shown interest, with notable holdings from Credicorp Capital and Banco de Crédito del Perú.

Investor Influence:

• Key investors play a significant role in corporate governance, influencing decisions on capital expenditures and strategic initiatives.
• Institutional investors often push for higher returns, impacting stock movements through their buying or selling activities in the market.

Recent Moves:

• In the last quarter, Inversiones ASPI S.A. increased its stake by 2%, signaling confidence in the company’s growth potential.
• On the other hand, Credicorp Capital reduced its holdings by approximately 1.5% in response to market volatility.

As of September 30, 2024, the company reported a net profit of S/148,795,000, up from S/133,041,000 in the same period last year. This growth has been positively received by investors, contributing to increased confidence in the stock.

The total revenue for the nine-month period ended September 30, 2024, was S/1,451,399,000, compared to S/1,438,698,000 in 2023, reflecting a steady increase in sales.

Investor sentiment remains optimistic, particularly given the company's strong operating cash flow, which stood at S/291,842,000 for the nine-month period, a substantial increase from S/256,946,000 in the previous year.

Market Impact and Investor Sentiment of Cementos Pacasmayo S.A.A. (CPAC)

Market Impact and Investor Sentiment

Investor Sentiment: Current sentiment among major shareholders is generally positive. The company has shown consistent growth in net profit, with a reported net profit of S/148,795,000 for the nine-month period ended September 30, 2024, compared to S/133,041,000 for the same period in 2023.

Recent Market Reactions: The stock market has reacted favorably to significant ownership changes. Following an increase in institutional ownership, the share price experienced an uptick of approximately 8% within a month. As of September 30, 2024, the stock closed at S/3.47, reflecting a positive trend over the previous quarter.

Analyst Perspectives: Analysts have expressed optimism regarding the influence of key investors. The consensus estimates project a growth in earnings per share (EPS) to S/0.35 in 2024, up from S/0.31 in 2023. This positive outlook is driven by anticipated increases in demand for construction materials, particularly in the context of ongoing infrastructure projects in Peru.

Article updated on 8 Nov 2024

Resources:

• Cementos Pacasmayo S.A.A. (CPAC) Financial Statements – Access the full quarterly financial statements for Q3 2024 to get an in-depth view of Cementos Pacasmayo S.A.A. (CPAC)' financial performance, including balance sheets, income statements, and cash flow statements.
• SEC Filings – View Cementos Pacasmayo S.A.A. (CPAC)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.