SG Americas Securities LLC Increases Stock Position in W.P. Carey Inc. $WPC

SG Americas Securities LLC lifted its stake in W.P. Carey Inc. (NYSE:WPC) by 111.5% in the first quarter, HoldingsChannel.com reports. The fund owned 233,158 shares of the real estate investment trust’s stock after purchasing an additional 122,903 shares during the period. SG Americas Securities LLC’s holdings in W.P. Carey were worth $15,845,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in WPC. Captrust Financial Advisors boosted its holdings in W.P. Carey by 9.1% in the third quarter. Captrust Financial Advisors now owns 842,106 shares of the real estate investment trust’s stock worth $56,901,000 after purchasing an additional 70,572 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of W.P. Carey by 10.8% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 372,212 shares of the real estate investment trust’s stock valued at $25,150,000 after buying an additional 36,205 shares during the period. Jupiter Asset Management Ltd. bought a new position in shares of W.P. Carey during the 4th quarter valued at $41,638,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of W.P. Carey by 372.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 46,644 shares of the real estate investment trust’s stock worth $3,002,000 after buying an additional 36,779 shares during the last quarter. Finally, Swedbank AB boosted its stake in shares of W.P. Carey by 124.2% in the 4th quarter. Swedbank AB now owns 135,849 shares of the real estate investment trust’s stock worth $8,743,000 after buying an additional 75,253 shares during the last quarter. 73.73% of the stock is owned by hedge funds and other institutional investors.

W.P. Carey Trading Up 0.6%

NYSE:WPC opened at $73.05 on Friday. 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 $16.27 billion, a price-to-earnings ratio of 31.22, a price-to-earnings-growth ratio of 2.81 and a beta of 0.76. W.P. Carey Inc. has a one year low of $61.09 and a one year high of $76.97. The business has a fifty day moving average price of $73.75 and a 200-day moving average price of $70.78.

W.P. Carey (NYSE:WPC) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.69. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.The company had revenue of $454.51 million for the quarter, compared to the consensus estimate of $430.64 million. During the same period in the previous year, the business earned $1.17 earnings per share. W.P. Carey’s quarterly revenue 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. Sell-side analysts forecast that W.P. Carey Inc. will post 5.04 EPS for the current year.

W.P. Carey Increases Dividend

The business also recently disclosed 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 represents a $3.76 annualized dividend and a dividend yield of 5.1%. This is an increase from W.P. Carey’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend is Tuesday, June 30th. W.P. Carey’s dividend payout ratio is 158.97%.

Insider Buying and Selling at W.P. Carey

In other news, CAO Brian H. Zander sold 433 shares of W.P. Carey stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $74.00, for a total transaction of $32,042.00. Following the transaction, the chief accounting officer directly owned 13,882 shares of the company’s stock, valued at $1,027,268. The trade was a 3.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.98% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WPC has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on W.P. Carey from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Raymond James Financial raised W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 target price on the stock in a research report on Tuesday, March 17th. Scotiabank cut their price target on W.P. Carey from $79.00 to $76.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. UBS Group set a $76.00 price target on shares of W.P. Carey in a research report on Thursday, June 18th. Finally, Barclays increased their price objective on shares of W.P. Carey from $72.00 to $78.00 and gave the stock an “underweight” rating in a research note on Tuesday, May 19th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, W.P. Carey presently has a consensus rating of “Hold” and a consensus target price of $77.83.

W.P. Carey 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.