Arbejdsmarkedets Tillaegspension Makes New $23.02 Million Investment in W.P. Carey Inc. $WPC

Arbejdsmarkedets Tillaegspension purchased a new position in shares of W.P. Carey Inc. (NYSE:WPC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 357,610 shares of the real estate investment trust’s stock, valued at approximately $23,016,000.

Several other hedge funds also recently modified their holdings of WPC. Invesco Ltd. boosted its stake in shares of W.P. Carey by 416.8% during the 3rd quarter. Invesco Ltd. now owns 3,892,462 shares of the real estate investment trust’s stock worth $263,014,000 after purchasing an additional 3,139,266 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of W.P. Carey by 1,183.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,130,402 shares of the real estate investment trust’s stock worth $76,381,000 after acquiring an additional 1,042,334 shares during the period. Captrust Financial Advisors lifted its holdings in shares of W.P. Carey by 2,712.0% during the 2nd quarter. Captrust Financial Advisors now owns 771,534 shares of the real estate investment trust’s stock worth $48,128,000 after acquiring an additional 744,097 shares during the period. Barclays PLC lifted its holdings in shares of W.P. Carey by 331.0% during the 3rd quarter. Barclays PLC now owns 861,430 shares of the real estate investment trust’s stock worth $58,207,000 after acquiring an additional 661,572 shares during the period. Finally, Balyasny Asset Management L.P. lifted its holdings in shares of W.P. Carey by 165.6% during the 2nd quarter. Balyasny Asset Management L.P. now owns 830,543 shares of the real estate investment trust’s stock worth $51,809,000 after acquiring an additional 517,855 shares during the period. 73.73% of the stock is owned by institutional investors and hedge funds.

W.P. Carey Price Performance

Shares of W.P. Carey stock opened at $72.89 on Friday. 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’s 50-day moving average price is $71.53 and its two-hundred day moving average price is $69.28. W.P. Carey Inc. has a 52 week low of $59.77 and a 52 week high of $75.69. The stock has a market cap of $16.24 billion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 3.16 and a beta of 0.77.

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

W.P. Carey Increases Dividend

The firm 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. This represents a $3.72 annualized dividend and a yield of 5.1%. This is a boost from W.P. Carey’s previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. W.P. Carey’s dividend payout ratio (DPR) is presently 158.97%.

Insider Buying and Selling

In other W.P. Carey news, CAO Brian H. Zander sold 433 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total value of $32,042.00. Following the sale, the chief accounting officer directly owned 13,882 shares in the company, valued at approximately $1,027,268. The trade was a 3.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.98% of the company’s stock.

Analysts Set New Price Targets

WPC has been the topic of several recent analyst reports. Citigroup increased their price objective on shares of W.P. Carey from $69.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Evercore set a $74.00 price objective on shares of W.P. Carey in a research note on Tuesday, February 17th. UBS Group raised their price target on shares of W.P. Carey from $68.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, March 9th. Raymond James Financial raised shares of W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 price target for the company in a research report on Tuesday, March 17th. Finally, Weiss Ratings raised shares of W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, W.P. Carey currently has a consensus rating of “Hold” and a consensus target price of $73.60.

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.