UBS Group Forecasts Strong Price Appreciation for W.P. Carey (NYSE:WPC) Stock

W.P. Carey (NYSE:WPC) had its target price raised by research analysts at UBS Group from $68.00 to $75.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price target would indicate a potential upside of 3.62% from the stock’s current price.

WPC has been the subject of a number of other research reports. Scotiabank lifted their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Royal Bank Of Canada increased their price objective on shares of W.P. Carey from $70.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 12th. Citigroup boosted 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of W.P. Carey in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. dropped their target price on W.P. Carey from $79.00 to $74.00 and set an “overweight” rating on the stock in a report on Tuesday, December 9th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, W.P. Carey has an average rating of “Hold” and an average price target of $71.11.

W.P. Carey Price Performance

NYSE WPC traded down $0.23 during trading on Monday, hitting $72.38. 1,044,795 shares of the company’s stock were exchanged, compared to its average volume of 1,390,044. The stock’s 50 day moving average price is $69.97 and its two-hundred day moving average price is $67.96. W.P. Carey has a fifty-two week low of $54.24 and a fifty-two week high of $75.69. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 1.02. The company has a market cap of $15.86 billion, a PE ratio of 34.30, a P/E/G ratio of 4.94 and a beta of 0.76.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Jacobi Capital Management LLC grew its position in shares of W.P. Carey by 2.5% in the 4th quarter. Jacobi Capital Management LLC now owns 5,886 shares of the real estate investment trust’s stock worth $379,000 after buying an additional 145 shares during the last quarter. Gen Wealth Partners Inc raised its holdings in W.P. Carey by 2.0% in the 4th quarter. Gen Wealth Partners Inc now owns 7,572 shares of the real estate investment trust’s stock worth $487,000 after purchasing an additional 146 shares during the period. Turning Point Benefit Group Inc. lifted its holdings in W.P. Carey by 6.3% during the fourth quarter. Turning Point Benefit Group Inc. now owns 2,511 shares of the real estate investment trust’s stock valued at $162,000 after purchasing an additional 148 shares in the last quarter. Brookwood Investment Group LLC grew its stake in W.P. Carey by 1.7% during the fourth quarter. Brookwood Investment Group LLC now owns 8,936 shares of the real estate investment trust’s stock valued at $575,000 after acquiring an additional 149 shares in the last quarter. Finally, Austin Private Wealth LLC lifted its position in W.P. Carey by 2.1% during the third quarter. Austin Private Wealth LLC now owns 7,654 shares of the real estate investment trust’s stock valued at $517,000 after purchasing an additional 161 shares during the last quarter. 73.73% of the stock is owned by institutional investors.

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.