W.P. Carey Inc. $WPC Shares Acquired by Barclays PLC

Barclays PLC increased its stake in shares of W.P. Carey Inc. (NYSE:WPC) by 331.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 861,430 shares of the real estate investment trust’s stock after purchasing an additional 661,572 shares during the quarter. Barclays PLC’s holdings in W.P. Carey were worth $58,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WPC. Austin Private Wealth LLC boosted its stake in W.P. Carey by 2.1% in the third quarter. Austin Private Wealth LLC now owns 7,654 shares of the real estate investment trust’s stock valued at $517,000 after acquiring an additional 161 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of W.P. Carey by 2.6% during the third quarter. D.A. Davidson & CO. now owns 6,691 shares of the real estate investment trust’s stock worth $452,000 after purchasing an additional 169 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of W.P. Carey by 4.5% in the 3rd quarter. Fifth Third Bancorp now owns 4,157 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 178 shares during the last quarter. AE Wealth Management LLC boosted its position in shares of W.P. Carey by 1.9% in the 3rd quarter. AE Wealth Management LLC now owns 10,549 shares of the real estate investment trust’s stock valued at $713,000 after purchasing an additional 200 shares during the period. Finally, CW Advisors LLC boosted its position in shares of W.P. Carey by 2.2% in the 2nd quarter. CW Advisors LLC now owns 9,144 shares of the real estate investment trust’s stock valued at $570,000 after purchasing an additional 201 shares during the period. 73.73% of the stock is owned by hedge funds and other institutional investors.

W.P. Carey Stock Down 0.3%

Shares of NYSE WPC opened at $72.38 on Tuesday. The stock has a market capitalization of $15.86 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 4.94 and a beta of 0.76. W.P. Carey Inc. has a 52 week low of $54.24 and a 52 week high of $75.69. The firm has a 50-day moving average price of $70.12 and a 200 day moving average price of $68.01. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 1.02.

W.P. Carey (NYSE:WPC) last issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.02. W.P. Carey had a net margin of 27.17% and a return on equity of 5.67%. The company had revenue of $444.55 million for the quarter, compared to analyst estimates of $433.28 million. During the same period in the prior year, the business posted $1.21 earnings per share. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. Equities research analysts anticipate that W.P. Carey Inc. will post 4.87 EPS for the current fiscal year.

W.P. Carey Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Wednesday, December 31st. This is an increase from W.P. Carey’s previous quarterly dividend of $0.91. W.P. Carey’s dividend payout ratio (DPR) is 174.41%.

Analyst Ratings Changes

WPC has been the subject of a number of research reports. Royal Bank Of Canada boosted their price objective on W.P. Carey from $70.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, February 12th. UBS Group raised their target price on shares of W.P. Carey from $68.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday. Scotiabank lifted their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Evercore set a $74.00 price target on shares of W.P. Carey in a research report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of W.P. Carey from $79.00 to $74.00 and set an “overweight” rating for the company in a report on Tuesday, December 9th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $71.11.

About W.P. Carey

W. P. Carey Inc is a diversified net-lease real estate investment trust specializing in single-tenant commercial properties. The company structures sale-leaseback and build-to-suit transactions to provide long-term net lease financing across a variety of asset classes, including industrial facilities, office buildings, retail centers and self-storage facilities. By employing triple net leases, W. P. Carey transfers property operating expenses, taxes and maintenance responsibility to tenants, creating a stable, predictable income stream for investors.

Founded in 1973 by William Polk Carey, the firm has expanded organically and through strategic mergers and acquisitions.