25,334 W.P. Carey Inc. $WPC Shares Purchased by Illinois Municipal Retirement Fund

Posted by George Bondi on Nov 12th, 2026

Illinois Municipal Retirement Fund grew its stake in shares of W.P. Carey Inc. (NYSE:WPC – Free Report) by 15.4% during the third quarter, HoldingsChannel.com reports. The fund owned 190,088 shares of the real estate investment trust’s stock after buying an additional 25,334 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in W.P. Carey were worth $12,285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in WPC. BlackRock Inc. purchased a new position in shares of W.P. Carey during the second quarter valued at approximately $2,371,801,000. Dimensional Fund Advisors LP lifted its position in W.P. Carey by 4.9% during the first quarter. Dimensional Fund Advisors LP now owns 3,348,132 shares of the real estate investment trust’s stock valued at $227,539,000 after purchasing an additional 155,857 shares during the period. Legal & General Group Plc bought a new position in W.P. Carey during the second quarter valued at approximately $189,315,000. Bank of New York Mellon Corp boosted its holdings in W.P. Carey by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 2,353,944 shares of the real estate investment trust’s stock worth $159,974,000 after purchasing an additional 37,649 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in W.P. Carey by 3.0% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,270,499 shares of the real estate investment trust’s stock worth $162,341,000 after purchasing an additional 65,284 shares during the last quarter. 73.73% of the stock is currently owned by institutional investors.

W.P. Carey Stock Down 0.8%

WPC opened at $64.84 on Thursday. The stock has a market cap of $14.92 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.21 and a current ratio of 0.21. The firm’s fifty day moving average is $65.65 and its 200 day moving average is $70.66. W.P. Carey Inc. has a fifty-two week low of $62.19 and a fifty-two week high of $77.22.

W.P. Carey (NYSE:WPC – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.09). W.P. Carey had a return on equity of 7.67% and a net margin of 35.60%. The business had revenue of $468.30 million during the quarter, compared to analysts’ expectations of $457.57 million. During the same quarter in the previous year, the company posted $1.25 EPS. The company’s quarterly revenue was up 8.6% on a year-over-year basis. On average, sell-side analysts forecast that W.P. Carey Inc. will post 5.07 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a $0.95 dividend. The ex-dividend date was Wednesday, September 30th. This is a positive change from W.P. Carey’s previous quarterly dividend of $0.94. This represents a $3.80 annualized dividend and a dividend yield of 5.9%. W.P. Carey’s dividend payout ratio (DPR) is presently 131.03%.

Wall Street Analyst Weigh In

WPC has been the subject of a number of research reports. Wells Fargo & Company decreased their target price on shares of W.P. Carey from $80.00 to $73.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. Jefferies Financial Group started coverage on W.P. Carey in a report on Tuesday, September 22nd. They set a “buy” rating and a $73.00 price target on the stock. Weiss Ratings downgraded W.P. Carey from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, November 4th. Evercore set a $75.00 price objective on W.P. Carey in a report on Monday, September 21st. Finally, BNP Paribas Exane upgraded shares of W.P. Carey from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $73.00 to $88.00 in a research report on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, W.P. Carey currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.79.

Get Our Latest Analysis on WPC

About W.P. Carey

(Free Report)

W.P. Carey Inc. is a real estate investment trust that owns and manages commercial properties leased to businesses under long-term net leases. Under these arrangements, tenants typically pay property expenses such as taxes, insurance and maintenance in addition to rent. The company’s portfolio focuses primarily on industrial and warehouse properties, along with retail and self-storage facilities. Its properties serve tenants in the United States and Europe. In 2023, W.P. Carey separated its office properties into a new, publicly traded company as part of a shift toward its other property types.