W.P. Carey Inc. $WPC Shares Purchased by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension increased its position in shares of W.P. Carey Inc. (NYSE:WPC) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 375,914 shares of the real estate investment trust’s stock after buying an additional 18,304 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in W.P. Carey were worth $25,547,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WPC. Jacobi Capital Management LLC increased its stake in W.P. Carey by 2.5% in the fourth quarter. Jacobi Capital Management LLC now owns 5,886 shares of the real estate investment trust’s stock valued at $379,000 after purchasing an additional 145 shares during the period. Kestra Private Wealth Services LLC raised its position in W.P. Carey by 0.7% in the first quarter. Kestra Private Wealth Services LLC now owns 21,474 shares of the real estate investment trust’s stock worth $1,459,000 after acquiring an additional 146 shares in the last quarter. Gen Wealth Partners Inc increased its holdings in shares of W.P. Carey by 2.0% in the 4th quarter. Gen Wealth Partners Inc now owns 7,572 shares of the real estate investment trust’s stock valued at $487,000 after purchasing an additional 146 shares in the last quarter. Turning Point Benefit Group Inc. lifted its stake in shares of W.P. Carey by 6.3% in the fourth quarter. Turning Point Benefit Group Inc. now owns 2,511 shares of the real estate investment trust’s stock valued at $162,000 after purchasing an additional 148 shares during the period. Finally, Brookwood Investment Group LLC lifted its stake in shares of W.P. Carey by 1.7% in the fourth quarter. Brookwood Investment Group LLC now owns 8,936 shares of the real estate investment trust’s stock valued at $575,000 after purchasing an additional 149 shares during the period. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at W.P. Carey

In other news, CAO Brian H. Zander sold 433 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total value of $32,042.00. Following the completion of the sale, the chief accounting officer directly owned 13,882 shares of the company’s stock, valued at approximately $1,027,268. This represents a 3.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.98% of the stock is owned by insiders.

W.P. Carey Price Performance

WPC stock opened at $71.61 on Monday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $15.95 billion, a price-to-earnings ratio of 30.60, a price-to-earnings-growth ratio of 2.77 and a beta of 0.76. The stock’s fifty day simple moving average is $73.43 and its 200-day simple moving average is $71.28. W.P. Carey Inc. has a 52-week low of $61.09 and a 52-week high of $76.97.

W.P. Carey (NYSE:WPC) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.69. The company had revenue of $454.51 million during the quarter, compared to analysts’ expectations of $430.64 million. W.P. Carey had a net margin of 29.35% and a return on equity of 6.29%. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.17 EPS. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Equities research analysts expect that W.P. Carey Inc. will post 5.06 EPS for the current year.

W.P. Carey Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.94 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $3.76 annualized dividend and a yield of 5.3%. This is a boost from W.P. Carey’s previous quarterly dividend of $0.93. W.P. Carey’s payout ratio is 160.68%.

Analyst Ratings Changes

Several brokerages have weighed in on WPC. Barclays upped their target price on shares of W.P. Carey from $72.00 to $78.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 19th. Weiss Ratings raised W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Citigroup reissued a “market perform” rating on shares of W.P. Carey in a research note on Thursday, June 18th. Bank of America upgraded W.P. Carey from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $73.00 to $83.00 in a report on Tuesday, June 16th. Finally, Wolfe Research raised W.P. Carey from a “peer perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a report on Monday, June 8th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, W.P. Carey has a consensus rating of “Hold” and an average price target of $77.83.

W.P. Carey Company Profile

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.