What Kind Of Investors Own Most Of Allied Properties Real Estate Investment Trust (TSE:AP.UN)?
The major shareholder groups of Allied Properties Real Estate Investment Trust (TSE: AP.UN) have power over the company. Institutions often own shares in more established companies, while it is not uncommon for insiders to own quite a bit of smaller companies. Companies that were previously publicly owned tend to have lower levels of insider ownership.
Allied Properties Real Estate Investment Trust is a pretty big company. It has a market capitalization of CA $ 5.6 billion. Typically, institutions would own a significant portion of a company of this size. In the graphic below we can see that institutions own shares in the company. Let’s dive deeper into each type of owner to learn more about Allied Properties Real Estate Investment Trust.
Check out our latest analysis for Allied Properties Real Estate Investment Trust
TSX: AP.UN Ownership Breakdown May 30, 2021
What does institutional ownership tell us about Allied Properties Real Estate Investment Trust?
Institutional investors typically compare their own returns to the returns of a widely tracked index. As a result, they generally consider buying larger companies that are included in the relevant benchmark index.
The Allied Properties Real Estate Investment Trust already has institutes in the share register. Indeed, they have a respectable stake in the company. This can indicate that the company has some level of credibility in the mutual trust. However, it is best not to rely on the purported validation that comes with institutional investors. Sometimes they get it wrong too. If several institutions change their view of a share at the same time, the share price can fall quickly. It is therefore worth taking a look at the earnings history of the Allied Properties Real Estate Investment Trust. Of course, the future is what really matters.
TSX: AP.UN earnings and revenue growth May 30, 2021
Hedge funds don’t have many stakes in Allied Properties Real Estate Investment Trust. The company’s largest shareholder is RBC Global Asset Management Inc. with a 7.5% stake. BlackRock, Inc. is the second largest shareholder with 4.8% of the common stock, and BMO Global Asset Management holds approximately 4.2% of the company’s stock. Additionally, we noted that Michael Emory, the CEO, attributed 0.9% of the shares to her name.
A closer look at our ownership data reveals that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of smallholders where no single shareholder has a majority.
While it makes sense to examine institutional ownership data for a company, it also makes sense to examine analysts’ views to know which way the wind is blowing. There are many analysts out there looking into the stock. So it might be worthwhile to see what they’re predicting as well.
Inside ownership of Allied Properties Real Estate Investment Trust
The definition of insider can be subjective and varies between jurisdictions. Our data reflects individual insiders and at least includes board members. The management’s response to the board of directors and the board should represent the interests of the shareholders. In particular, top managers are sometimes on the board themselves.
Most consider insider ownership to be a positive as it can indicate that the board of directors is well aligned with other shareholders. In some cases, however, too much power is centered on this group.
We can see that insiders own shares in Allied Properties Real Estate Investment Trust. This is a big company so it’s good to see that alignment. Insiders own shares valued at CA $ 75 million, at current prices. Most would say this shows a balance of interests between shareholders and the board of directors. Still, it might be worth checking whether these insiders have sold.
General public property
The general public collectively owns 52% of the shares in Allied Properties Real Estate Investment Trust. This level of personal responsibility gives investors from the general public the opportunity to influence important political decisions such as the composition of the Board of Directors, executive compensation and the payout ratio.
While it is worth looking at the different groups that own a business, there are other factors that are even more important. To do this, you should learn something about that 5 warning signs We have worked with Allied Properties Real Estate Investment Trust (including 2 potentially serious ones).
If you’re like me, you might want to think about whether this company is going to grow or shrink. Fortunately, you can check out this free report which has analyst forecast for the future.
NB: The figures in this article are calculated using data from the last twelve months, which refers to the twelve month period ending on the last date of the month in which the financial statements are dated. This may not match the figures in the annual report for the full year.
When looking for stocks to buy, use the lowest cost * platform ranked # 1 overall by Barron’s, Interactive Brokers. Trade stocks, options, futures, forex, bonds and funds in 135 markets from a single integrated account.
This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.
* Interactive brokers have been rated as Lowest Cost Brokers by StockBrokers.com. Annual online review 2020
Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, you can also send an email to the editorial team (at) simplywallst.com.