Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 33,350 Shares of W.P. Carey Inc. $WPC

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of W.P. Carey Inc. (NYSE:WPC) by 71.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,284 shares of the real estate investment trust’s stock after buying an additional 33,350 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in W.P. Carey were worth $5,456,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Invesco Ltd. increased its holdings in shares of W.P. Carey by 1.6% during the 2nd quarter. Invesco Ltd. now owns 753,196 shares of the real estate investment trust’s stock worth $46,984,000 after purchasing an additional 11,635 shares during the period. Cary Street Partners Financial LLC bought a new stake in shares of W.P. Carey during the second quarter valued at approximately $115,000. Bank of Nova Scotia lifted its position in W.P. Carey by 7.3% in the second quarter. Bank of Nova Scotia now owns 8,164 shares of the real estate investment trust’s stock worth $509,000 after purchasing an additional 555 shares during the period. Qube Research & Technologies Ltd bought a new stake in W.P. Carey in the 2nd quarter valued at $3,494,000. Finally, Sei Investments Co. boosted its position in shares of W.P. Carey by 73.0% during the 2nd quarter. Sei Investments Co. now owns 96,983 shares of the real estate investment trust’s stock valued at $6,050,000 after acquiring an additional 40,908 shares in the last quarter. 73.73% of the stock is currently owned by institutional investors and hedge funds.

W.P. Carey Stock Performance

W.P. Carey stock opened at $71.25 on Monday. W.P. Carey Inc. has a 1 year low of $61.09 and a 1 year high of $76.97. The company’s 50-day moving average is $73.62 and its two-hundred day moving average is $71.06. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 1.04. The company has a market cap of $15.87 billion, a PE ratio of 30.45, a PEG ratio of 2.76 and a beta of 0.76.

W.P. Carey (NYSE:WPC) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.69. The firm had revenue of $454.51 million for 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 business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Equities analysts anticipate that W.P. Carey Inc. will post 5.06 earnings per share for the current year.

W.P. Carey Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.94 dividend. This is a boost from W.P. Carey’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 5.3%. W.P. Carey’s dividend payout ratio (DPR) is currently 160.68%.

Wall Street Analysts Forecast Growth

WPC has been the topic of several analyst reports. Bank of America upgraded W.P. Carey from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $73.00 to $83.00 in a research note on Tuesday, June 16th. UBS Group set a $76.00 target price on shares of W.P. Carey in a research note on Thursday, June 18th. Wolfe Research upgraded W.P. Carey from a “peer perform” rating to an “outperform” rating and set a $85.00 target price for the company in a research note on Monday, June 8th. BMO Capital Markets reduced their price target on shares of W.P. Carey from $86.00 to $84.00 and set an “outperform” rating on the stock in a research report on Thursday, June 18th. Finally, Barclays increased their price target on shares of W.P. Carey from $72.00 to $78.00 and gave the company an “underweight” rating in a research note on Tuesday, May 19th. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $77.83.

Insiders Place Their Bets

In related news, CAO Brian H. Zander sold 433 shares of W.P. Carey stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total transaction of $32,042.00. Following the transaction, the chief accounting officer owned 13,882 shares of the company’s stock, valued at $1,027,268. This trade represents a 3.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.98% of the stock is owned by insiders.

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.