Kepler Cheuvreux Suisse SA Acquires New Holdings in W.P. Carey Inc. $WPC

Kepler Cheuvreux Suisse SA acquired a new stake in W.P. Carey Inc. (NYSE:WPC) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 124,784 shares of the real estate investment trust’s stock, valued at approximately $8,032,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WPC. Invesco Ltd. lifted its stake in W.P. Carey by 1.6% in the 2nd quarter. Invesco Ltd. now owns 753,196 shares of the real estate investment trust’s stock valued at $46,984,000 after purchasing an additional 11,635 shares during the last quarter. Cary Street Partners Financial LLC acquired a new position in W.P. Carey in the 2nd quarter valued at approximately $115,000. Bank of Nova Scotia increased its position in W.P. Carey by 7.3% in the 2nd quarter. Bank of Nova Scotia now owns 8,164 shares of the real estate investment trust’s stock valued at $509,000 after acquiring an additional 555 shares during the period. Qube Research & Technologies Ltd acquired a new position in W.P. Carey in the 2nd quarter valued at approximately $3,494,000. Finally, Sei Investments Co. increased its position in W.P. Carey by 73.0% in the 2nd quarter. Sei Investments Co. now owns 96,983 shares of the real estate investment trust’s stock valued at $6,050,000 after acquiring an additional 40,908 shares during the period. Institutional investors own 73.73% of the company’s stock.

Wall Street Analyst Weigh In

WPC has been the subject of several recent research reports. Royal Bank Of Canada upped their price target on shares of W.P. Carey from $72.00 to $73.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. UBS Group upped their price target on shares of W.P. Carey from $68.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Weiss Ratings upgraded shares of W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Raymond James Financial upgraded 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, Scotiabank upped their price objective on shares of W.P. Carey from $72.00 to $73.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, W.P. Carey currently has a consensus rating of “Hold” and a consensus price target of $73.00.

Insider Transactions at W.P. Carey

In related news, CAO Brian H. Zander sold 433 shares of the stock in a transaction on Wednesday, May 6th. The shares were 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. This represents 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 the SEC website. 0.98% of the stock is currently owned by corporate insiders.

W.P. Carey Trading Down 0.0%

NYSE:WPC opened at $74.10 on Monday. The firm’s fifty day moving average is $71.53 and its 200-day moving average is $69.03. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.35 and a current ratio of 0.35. W.P. Carey Inc. has a 52 week low of $59.34 and a 52 week high of $75.69. The firm has a market cap of $16.50 billion, a P/E ratio of 31.66, a P/E/G ratio of 3.18 and a beta of 0.77.

W.P. Carey (NYSE:WPC) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.30 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $454.51 million for the quarter, compared to analyst estimates of $430.64 million. During the same period in the prior year, the firm posted $1.17 EPS. The company’s quarterly revenue was up 11.2% on a year-over-year basis. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Equities analysts expect that W.P. Carey Inc. will post 5.02 earnings per share for the current year.

W.P. Carey Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.93 per share. This is a boost from W.P. Carey’s previous quarterly dividend of $0.92. This represents a $3.72 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, March 31st. W.P. Carey’s payout ratio is currently 158.97%.

W.P. Carey Company 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.