19,627 Shares in W.P. Carey Inc. $WPC Acquired by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in W.P. Carey Inc. (NYSE:WPC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,627 shares of the real estate investment trust’s stock, valued at approximately $1,326,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Andra AP fonden increased its position in shares of W.P. Carey by 27.9% during the 2nd quarter. Andra AP fonden now owns 160,700 shares of the real estate investment trust’s stock worth $10,024,000 after purchasing an additional 35,100 shares during the last quarter. Advisors Capital Management LLC grew its stake in shares of W.P. Carey by 6.4% in the second quarter. Advisors Capital Management LLC now owns 875,988 shares of the real estate investment trust’s stock valued at $54,644,000 after buying an additional 52,660 shares in the last quarter. Carnegie Investment Counsel increased its holdings in W.P. Carey by 9.4% during the third quarter. Carnegie Investment Counsel now owns 208,638 shares of the real estate investment trust’s stock worth $14,098,000 after buying an additional 17,843 shares during the last quarter. HB Wealth Management LLC raised its position in W.P. Carey by 89.9% during the third quarter. HB Wealth Management LLC now owns 20,946 shares of the real estate investment trust’s stock worth $1,415,000 after acquiring an additional 9,918 shares in the last quarter. Finally, Tectonic Advisors LLC acquired a new stake in W.P. Carey in the third quarter valued at $11,016,000. Institutional investors and hedge funds own 73.73% of the company’s stock.

Wall Street Analyst Weigh In

WPC has been the subject of a number of research analyst reports. Scotiabank lifted their price objective on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research report on Monday. Barclays set a $65.00 target price on shares of W.P. Carey in a report on Tuesday, January 13th. Evercore set a $74.00 price objective on shares of W.P. Carey in a research report on Tuesday, February 17th. Citigroup upped their target price on W.P. Carey from $60.00 to $69.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Finally, Royal Bank Of Canada increased their target price on W.P. Carey from $70.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 12th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, W.P. Carey currently has an average rating of “Hold” and an average price target of $70.11.

W.P. Carey Stock Performance

W.P. Carey stock opened at $72.62 on Friday. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 1.02. The stock has a market cap of $15.92 billion, a PE ratio of 34.42, a P/E/G ratio of 4.97 and a beta of 0.76. W.P. Carey Inc. has a 12-month low of $54.24 and a 12-month high of $75.69. The business’s 50-day moving average price is $69.81 and its two-hundred day moving average price is $67.88.

W.P. Carey (NYSE:WPC) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, beating the consensus estimate of $1.25 by $0.02. The business had revenue of $444.55 million during the quarter, compared to the consensus estimate of $433.28 million. W.P. Carey had a net margin of 27.17% and a return on equity of 5.67%. The firm’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 EPS. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, analysts expect that W.P. Carey Inc. will post 4.87 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.92 dividend. This is an increase from W.P. Carey’s previous quarterly dividend of $0.91. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 5.1%. W.P. Carey’s dividend payout ratio is currently 174.41%.

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.