Latest news with #AutomotivePropertiesRealEstateInvestmentTrust
Yahoo
19 hours ago
- Automotive
- Yahoo
Automotive Properties REIT Announces June 2025 Distribution
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, June 16, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: (the "REIT") today announced a cash distribution of $0.067 per REIT unit for the month of June 2025, representing $0.804 per REIT unit on an annualized basis. Payment will be made on July 15, 2025 to unitholders of record as at June 30, 2025. About Automotive Properties REIT Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT's portfolio currently consists of 80 income-producing commercial properties, representing approximately three million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive and OEM dealership and service real estate properties. For more information, please visit: SOURCE Automotive Properties Real Estate Investment Trust View original content:
Yahoo
21-05-2025
- Automotive
- Yahoo
Automotive Properties REIT Announces Results of Voting at Annual Meeting
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 21, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: (the "REIT") today announced the results of voting at its annual meeting of unitholders held earlier today (the "Meeting"). Each of the matters voted upon at the Meeting as set out below is described in greater detail in the Notice of Annual Meeting of Unitholders and Management Information Circular of the REIT dated April 8, 2025. The total number of trust units represented by holders by proxy at the Meeting was 21,408,682, representing 43.59% of the REIT's outstanding trust units entitled to be voted. Election of Trustees All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees to hold office until the next annual meeting following their election or until their successors are elected or appointed. The results of the vote are set out below: Nominee Votes For % Votes For Votes Withheld % Votes Withheld Kapil Dilawri 21,060,572 98.67 % 284,820 1.33 % Patricia Kay 21,057,402 98.65 % 287,990 1.35 % Milton Lamb 21,237,592 99.49 % 107,800 0.51 % Stuart Lazier 21,057,242 98.65 % 288,150 1.35 % James Matthews 21,069,517 98.71 % 275,875 1.29 % Julie Morin 21,244,041 99.53 % 101,351 0.47 % John Morrison 21,231,247 99.47 % 114,145 0.53 % Appointment of Auditors BDO Canada LLP was reappointed as auditor of the REIT and the trustees were authorized to fix the auditor's remuneration. The results of the vote are set out below: Votes For % Votes For Votes Withheld % Votes Withheld 21,332,726 99.65 % 75,956 0.35 % About Automotive Properties REIT Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT's portfolio currently consists of 80 income-producing commercial properties, representing approximately three million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive and OEM dealership and service real estate properties. For more information, please visit: SOURCE Automotive Properties Real Estate Investment Trust View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Undervalued Small Caps With Insider Activity In Global For May 2025
In recent weeks, global markets have experienced a notable upswing, particularly in the U.S., where equities rallied following a temporary suspension of tariffs between the U.S. and China. This positive sentiment has been further bolstered by cooling inflation rates and a strong performance across several indices, including small-cap benchmarks like the S&P MidCap 400 Index and Russell 2000 Index. In this context, identifying small-cap stocks that exhibit promising fundamentals and insider activity can be an effective strategy for investors looking to capitalize on current market conditions. Name PE PS Discount to Fair Value Value Rating Morgan Advanced Materials 11.8x 0.5x 35.68% ★★★★★☆ FRP Advisory Group 11.7x 2.1x 20.62% ★★★★★☆ Savills 24.5x 0.5x 41.46% ★★★★☆☆ Cloetta 15.3x 1.1x 46.94% ★★★★☆☆ SmartCraft 41.7x 7.4x 34.47% ★★★★☆☆ Sing Investments & Finance 7.2x 3.7x 41.71% ★★★★☆☆ Close Brothers Group NA 0.6x 44.59% ★★★★☆☆ Absolent Air Care Group 22.7x 1.8x 48.49% ★★★☆☆☆ Italmobiliare 11.7x 1.5x -207.90% ★★★☆☆☆ Seeing Machines NA 2.4x 44.74% ★★★☆☆☆ Click here to see the full list of 169 stocks from our Undervalued Global Small Caps With Insider Buying screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Value Rating: ★★★★☆☆ Overview: Automotive Properties Real Estate Investment Trust is a Canadian company that focuses on owning and acquiring primarily income-producing automotive dealership properties, with a market cap of approximately CA$0.63 billion. Operations: The revenue model primarily consists of rental income from properties, with a gross profit margin fluctuating around 84.45% to 86.49% in recent periods. Operating expenses are relatively stable, ranging from CA$5.66 million to CA$6.55 million over the last few quarters, impacting overall profitability alongside non-operating expenses which have shown variability. PE: 9.0x Automotive Properties Real Estate Investment Trust, a smaller company in the real estate sector, shows potential for growth with recent insider confidence demonstrated by Kapil Dilawri's purchase of 42,400 shares valued at approximately C$426,734. Despite challenges like high-risk funding and one-off earnings impacts, the trust's strategic acquisitions in Florida and Ohio signal expansion efforts. Recent earnings revealed sales of C$23.9 million for Q1 2025 but a drop in net income to C$7.7 million from C$20.9 million year-over-year suggests financial headwinds. Click here to discover the nuances of Automotive Properties Real Estate Investment Trust with our detailed analytical valuation report. Gain insights into Automotive Properties Real Estate Investment Trust's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Winpak specializes in manufacturing and distributing packaging materials and related machinery, with a market capitalization of approximately C$3.09 billion. Operations: Winpak generates revenue primarily from Flexible Packaging and Rigid Packaging and Flexible Lidding, with a smaller contribution from Packaging Machinery. The company's gross profit margin has shown variability, reaching 31.98% in December 2024. Operating expenses are a significant cost factor, including sales and marketing as well as research and development expenses. PE: 13.0x Winpak, a smaller player in the packaging industry, recently announced a share repurchase program to buy back up to 3.09 million shares by March 2026, which may indicate management's belief in its potential value. The company reported Q1 2025 sales of US$284.8 million and net income of US$34.58 million, showing steady performance despite a slight dip from last year. Earnings are projected to grow annually by 6.87%, supported by insider confidence through recent purchases within the past year, reflecting trust in future growth prospects despite reliance on external borrowing for funding needs. Dive into the specifics of Winpak here with our thorough valuation report. Examine Winpak's past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★★☆☆ Overview: Westshore Terminals Investment operates as a coal export terminal company, primarily engaging in the transportation infrastructure sector, with a market capitalization of CA$1.83 billion. Operations: The company's revenue is derived entirely from its transportation infrastructure segment, amounting to CA$402.78 million. The cost of goods sold (COGS) stands at CA$210.58 million, resulting in a gross profit of CA$192.20 million and a gross profit margin of 47.72%. Operating expenses are recorded at CA$20.19 million, with non-operating expenses adding another CA$60.53 million to the total costs impacting net income figures, which are reported at CA$111.48 million for the latest period analyzed. PE: 12.7x Westshore Terminals Investment, a small company in the terminal operations sector, is currently undergoing significant leadership changes. With William Stinson stepping down as CEO and Chair, M. Dallas Ross will assume the Chair role following their resignation as CFO. Insider confidence is evident with Ross purchasing 60,000 shares for over C$1.41 million, marking a 166% increase in their holdings. Despite first-quarter earnings showing a decline to C$11.47 million from C$15.25 million last year, the company maintains shareholder value through dividends and an active share repurchase program targeting up to 807,118 shares by April 2026. Take a closer look at Westshore Terminals Investment's potential here in our valuation report. Learn about Westshore Terminals Investment's historical performance. Explore the 169 names from our Undervalued Global Small Caps With Insider Buying screener here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX: TSX:WPK and TSX:WTE. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
