Latest news with #FPAQueensRoadSmallCapValueFund
Yahoo
23-05-2025
- Business
- Yahoo
FPA Queens Road Small Cap Value Fund's New Addition: REV Group (REVG)
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as REV Group, Inc. (NYSE:REVG). REV Group, Inc. (NYSE:REVG) manufactures and supplies specialty vehicles and related aftermarket parts and services. The one-month return of REV Group, Inc. (NYSE:REVG) was 16.36%, and its shares gained 41.86% of their value over the last 52 weeks. On May 21, 2025, REV Group, Inc. (NYSE:REVG) stock closed at $37.55 per share with a market capitalization of $1.94 billion. FPA Queens Road Small Cap Value Fund stated the following regarding REV Group, Inc. (NYSE:REVG) in its Q1 2025 investor letter: "In the first quarter of 2025, the Fund acquired a new position in REV Group, Inc. (NYSE:REVG) with a roughly 1.5% weight at quarter end. Rev Group manufactures fire trucks, ambulances and recreational vehicles and is currently benefiting from a strong selling cycle in its municipal businesses. REV Group has increased pricing on its roughly three-year backlog of municipal orders and is guiding to significantly higher margins by 2027. Higher pricing is being corroborated by REVG's main competitor in fire trucks, Pierce (owned by OshKosh Corporation, another portfolio holding). We are cautiously optimistic that higher pricing and increasing backlogs are indicative of an improved industry structure and a higher quality business going forward." A technician installing a replacement part on a specialty vehicle, surrounded by a team of professionals. REV Group, Inc. (NYSE:REVG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 23 hedge fund portfolios held REV Group, Inc. (NYSE:REVG) at the end of the fourth quarter which was 16 in the previous quarter. In the first quarter, REV Group, Inc. (NYSE:REVG) generated net sales of $525 million, a decrease of 61 million from the prior year's quarter. While we acknowledge the potential of REV Group, Inc. (NYSE:REVG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered REV Group, Inc. (NYSE:REVG) and shared abrdn U.S. Small Cap Equity Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. 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
22-05-2025
- Business
- Yahoo
FPA Queens Road Small Cap Value Fund Started to Trim InterDigital (IDCC)
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as InterDigital, Inc. (NASDAQ:IDCC). InterDigital, Inc. (NASDAQ:IDCC) is a global research and development company that focuses on wireless, visual, artificial intelligence (AI), and related technologies. The one-month return of InterDigital, Inc. (NASDAQ:IDCC) was 11.91%, and its shares gained 95.19% of their value over the last 52 weeks. On May 21, 2025, InterDigital, Inc. (NASDAQ:IDCC) stock closed at $214.48 per share with a market capitalization of $5.563 billion. FPA Queens Road Small Cap Value Fund stated the following regarding InterDigital, Inc. (NASDAQ:IDCC) in its Q1 2025 investor letter: "InterDigital, Inc. (NASDAQ:IDCC) is a research and development organization that develops and acquires wireless communication and video patents. The company has a history of strong financial performance, opportunistically buys back shares, and pays a modest dividend. IDCC has been successfully renewing its wireless licensing agreements (Apple in 2022, Samsung in 2023) and has a growing stream of recurring licensing revenues across consumer electronics, internet of things (IoT) and automotive customers. CEO Liren Chen joined in 2021 from Qualcom and has been hiring other former Qualcom managers. The company's share price was strong in 2024 on growing revenue, profitability, and buybacks. We began trimming our IDCC position this year." A technician installing advanced cellular equipment at a 5G cell tower. InterDigital, Inc. (NASDAQ:IDCC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held InterDigital, Inc. (NASDAQ:IDCC) at the end of the fourth quarter which was 23 in the previous quarter. While we acknowledge the potential of InterDigital, Inc. (NASDAQ:IDCC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered InterDigital, Inc. (NASDAQ:IDCC) and shared FPA Queens Road Small Cap Value Fund's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. 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
22-05-2025
- Business
- Yahoo
What Makes UGI Corp (UGI) a Good Investment?
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as UGI Corporation (NYSE:UGI). UGI Corporation (NYSE:UGI) engages in the marketing and distribution of energy products and services. UGI Corporation's (NYSE:UGI) one-month return was 8.90%, and its shares gained 45.66% of their value over the last 52 weeks. On May 21, 2025, UGI Corporation (NYSE:UGI) stock closed at $35.60 per share with a market capitalization of $7.634 billion. FPA Queens Road Small Cap Value Fund stated the following regarding UGI Corporation (NYSE:UGI) in its Q1 2025 investor letter: "UGI Corporation (NYSE:UGI) is a well-run gas and electric utility in Western Pennsylvania and West Virginia. The company also owns a sizable, regulated pipeline business, a large propane distribution business in Europe, and Amerigas, the U.S.'s largest propane distributor. UGI has been redirecting cash flow to pay down debt at Amerigas and the utility holding company. We are pleased with the company's improved financial position and with green shoots at Amerigas." A view of the skyline from an electricity pylon, to show the ubiquity of the companies energy products. UGI Corporation (NYSE:UGI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 27 hedge fund portfolios held UGI Corporation (NYSE:UGI) at the end of the fourth quarter, compared to 26 in the third quarter. While we acknowledge the potential of UGI Corporation (NYSE:UGI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered UGI Corporation (NYSE:UGI) and shared Diamond Hill Small Cap Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. 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
22-05-2025
- Business
- Yahoo
What Makes UGI Corp (UGI) a Good Investment?
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as UGI Corporation (NYSE:UGI). UGI Corporation (NYSE:UGI) engages in the marketing and distribution of energy products and services. UGI Corporation's (NYSE:UGI) one-month return was 8.90%, and its shares gained 45.66% of their value over the last 52 weeks. On May 21, 2025, UGI Corporation (NYSE:UGI) stock closed at $35.60 per share with a market capitalization of $7.634 billion. FPA Queens Road Small Cap Value Fund stated the following regarding UGI Corporation (NYSE:UGI) in its Q1 2025 investor letter: "UGI Corporation (NYSE:UGI) is a well-run gas and electric utility in Western Pennsylvania and West Virginia. The company also owns a sizable, regulated pipeline business, a large propane distribution business in Europe, and Amerigas, the U.S.'s largest propane distributor. UGI has been redirecting cash flow to pay down debt at Amerigas and the utility holding company. We are pleased with the company's improved financial position and with green shoots at Amerigas." A view of the skyline from an electricity pylon, to show the ubiquity of the companies energy products. UGI Corporation (NYSE:UGI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 27 hedge fund portfolios held UGI Corporation (NYSE:UGI) at the end of the fourth quarter, compared to 26 in the third quarter. While we acknowledge the potential of UGI Corporation (NYSE:UGI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered UGI Corporation (NYSE:UGI) and shared Diamond Hill Small Cap Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-05-2025
- Business
- Yahoo
What Makes Scholastic (SCHL) an Undervalued Stock?
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as Scholastic Corporation (NASDAQ:SCHL). Scholastic Corporation (NASDAQ:SCHL) engages in the publishing and distribution of children's books worldwide. The one-month return of Scholastic Corporation (NASDAQ:SCHL) was 0.69%, and its shares lost 53.02% of their value over the last 52 weeks. On May 21, 2025, Scholastic Corporation (NASDAQ:SCHL) stock closed at $17.44 per share with a market capitalization of $465.413 million. FPA Queens Road Small Cap Value Fund stated the following regarding Scholastic Corporation (NASDAQ:SCHL) in its Q1 2025 investor letter: "Scholastic Corporation (NASDAQ:SCHL) is an educational publishing company that runs the eponymous book fairs in America's K-12 schools. We first bought shares in 2008 and have added a little overtime. Over 15 years, results have been volatile as Scholastic has never been able to translate its name brand, publishing assets or forays into adjacent markets into consistent earnings. The company has always traded at a discount compared to its economic earnings potential. It also owns prime New York City real estate that we estimate to be worth $300 - $400 million. We were cautiously optimistic when Thomson Reuters' Peter Warwick became CEO in 2021. Poor performance at the company's book fairs caused the stock to drop 20% following results on July 19, 2024, and another 20% following results reported on December 20, 2024. We've added to our position on this weakness." A diverse group of children gathered in a bookstore perusing through a variety of titles. Scholastic Corporation (NASDAQ:SCHL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 14 hedge fund portfolios held Scholastic Corporation (NASDAQ:SCHL) at the end of the fourth quarter which was 16 in the previous quarter. In the third quarter of fiscal 2025, Scholastic Corporation's (NASDAQ:SCHL) revenue grew 4% to $335.4 million. While we acknowledge the potential of Scholastic Corporation (NASDAQ:SCHL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Scholastic Corporation (NASDAQ:SCHL) and shared FPA Queens Road Small Cap Value Fund's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
