BNP Paribas Financial Markets Purchases 28,614 Shares of W.P. Carey Inc. $WPC

BNP Paribas Financial Markets lifted its position in W.P. Carey Inc. (NYSE:WPC) by 15.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 211,176 shares of the real estate investment trust’s stock after acquiring an additional 28,614 shares during the period. BNP Paribas Financial Markets’ holdings in W.P. Carey were worth $13,591,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Turning Point Benefit Group Inc. raised its position in shares of W.P. Carey by 6.3% in the 4th quarter. Turning Point Benefit Group Inc. now owns 2,511 shares of the real estate investment trust’s stock worth $162,000 after acquiring an additional 148 shares in the last quarter. Brookwood Investment Group LLC raised its position in shares of W.P. Carey by 1.7% in the 4th quarter. Brookwood Investment Group LLC now owns 8,936 shares of the real estate investment trust’s stock worth $575,000 after acquiring an additional 149 shares in the last quarter. Fifth Third Bancorp increased its position in W.P. Carey by 4.5% during the 3rd quarter. Fifth Third Bancorp now owns 4,157 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 178 shares in the last quarter. Capital Investment Advisory Services LLC increased its position in W.P. Carey by 2.2% during the 4th quarter. Capital Investment Advisory Services LLC now owns 8,829 shares of the real estate investment trust’s stock valued at $568,000 after buying an additional 193 shares in the last quarter. Finally, Woodward Diversified Capital LLC increased its position in W.P. Carey by 3.9% during the 4th quarter. Woodward Diversified Capital LLC now owns 5,243 shares of the real estate investment trust’s stock valued at $337,000 after buying an additional 198 shares in the last quarter. Institutional investors own 73.73% of the company’s stock.

Insider Buying and Selling

In related news, CAO Brian H. Zander sold 433 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $74.00, for a total value of $32,042.00. Following the transaction, the chief accounting officer directly owned 13,882 shares of the company’s stock, valued at approximately $1,027,268. This trade represents a 3.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.98% of the company’s stock.

Analysts Set New Price Targets

WPC has been the subject of a number of analyst reports. Royal Bank Of Canada raised their price objective on W.P. Carey from $72.00 to $73.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Raymond James Financial raised W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 price objective for the company in a research report on Tuesday, March 17th. Wells Fargo & Company raised their price objective on W.P. Carey from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings raised W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Evercore set a $74.00 price objective on W.P. Carey in a research report on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, W.P. Carey has an average rating of “Hold” and an average price target of $75.00.

W.P. Carey Stock Performance

WPC stock opened at $74.50 on Monday. The company has a market cap of $16.59 billion, a P/E ratio of 31.84, a price-to-earnings-growth ratio of 3.20 and a beta of 0.76. W.P. Carey Inc. has a 1 year low of $61.09 and a 1 year high of $75.69. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.35. The stock’s fifty day moving average price is $72.66 and its 200-day moving average price is $70.10.

W.P. Carey (NYSE:WPC) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.69. The firm had revenue of $454.51 million for the quarter, compared to the consensus estimate of $430.64 million. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.The company’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the business posted $1.17 EPS. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, equities analysts forecast that W.P. Carey Inc. will post 5.02 earnings per share for the current year.

W.P. Carey Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.93 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.72 dividend on an annualized basis and a yield of 5.0%. This is an increase from W.P. Carey’s previous quarterly dividend of $0.92. W.P. Carey’s payout ratio is 158.97%.

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.