Pacer Advisors Inc. decreased its position in shares of W.P. Carey Inc. (NYSE:WPC – Free Report) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,889 shares of the real estate investment trust’s stock after selling 9,946 shares during the period. Pacer Advisors Inc.’s holdings in W.P. Carey were worth $6,686,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Turning Point Benefit Group Inc. lifted its stake in W.P. Carey by 6.3% during 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 lifted its stake in W.P. Carey by 1.7% during 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. D.A. Davidson & CO. lifted its stake in W.P. Carey by 2.6% during the 3rd quarter. D.A. Davidson & CO. now owns 6,691 shares of the real estate investment trust’s stock worth $452,000 after acquiring an additional 169 shares in the last quarter. Fifth Third Bancorp lifted its stake 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 worth $281,000 after acquiring an additional 178 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its stake 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 worth $568,000 after acquiring an additional 193 shares in the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.
Insider Transactions at W.P. Carey
In other W.P. Carey news, CAO Brian H. Zander sold 433 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $74.00, for a total value of $32,042.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.98% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on W.P. Carey
W.P. Carey Price Performance
WPC stock opened at $73.96 on Thursday. 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 firm has a market capitalization of $16.47 billion, a P/E ratio of 31.61, a P/E/G ratio of 3.21 and a beta of 0.77. The business’s 50-day moving average is $71.53 and its two-hundred day moving average is $69.21. W.P. Carey Inc. has a 1 year low of $59.34 and a 1 year high of $75.69.
W.P. Carey (NYSE:WPC – Get Free Report) last posted its quarterly earnings results 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 company had revenue of $454.51 million for the quarter, compared to analyst estimates of $430.64 million. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.W.P. Carey’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 EPS. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Analysts anticipate that W.P. Carey Inc. will post 5.02 earnings per share for the current fiscal year.
W.P. Carey Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given 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 dividend payout ratio is 158.97%.
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.
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