Fulcrum Asset Management LLP Takes $938,000 Position in W.P. Carey Inc. $WPC

Fulcrum Asset Management LLP bought a new stake in shares of W.P. Carey Inc. (NYSE:WPC) in the fourth quarter, Holdings Channel.com reports. The fund bought 14,574 shares of the real estate investment trust’s stock, valued at approximately $938,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WPC. Laurel Wealth Advisors LLC acquired a new stake in W.P. Carey during the 4th quarter valued at approximately $25,000. Olistico Wealth LLC acquired a new stake in W.P. Carey during the 4th quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new stake in W.P. Carey during the 2nd quarter valued at approximately $30,000. Wealth Watch Advisors INC acquired a new stake in W.P. Carey during the 3rd quarter valued at approximately $33,000. Finally, LGT Financial Advisors LLC acquired a new stake in W.P. Carey during the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 73.73% of the company’s stock.

Insider Transactions at W.P. Carey

In related news, CAO Brian H. Zander sold 433 shares of W.P. Carey stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total value of $32,042.00. Following the completion of the sale, the chief accounting officer owned 13,882 shares of the company’s stock, valued at approximately $1,027,268. This trade represents a 3.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.98% of the company’s stock.

W.P. Carey Stock Performance

Shares of WPC stock opened at $73.66 on Friday. The company has a market cap of $16.41 billion, a price-to-earnings ratio of 31.48, a price-to-earnings-growth ratio of 3.17 and a beta of 0.77. W.P. Carey Inc. has a 52 week low of $59.77 and a 52 week high of $75.69. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 1.04. The firm has a 50 day moving average of $71.53 and a 200-day moving average of $69.25.

W.P. Carey (NYSE:WPC) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating 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 business had revenue of $454.51 million during the quarter, compared to the consensus estimate of $430.64 million. During the same quarter last year, the firm posted $1.17 EPS. W.P. Carey’s 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. On average, equities analysts forecast that W.P. Carey Inc. will post 5.02 earnings per share for the current year.

W.P. Carey Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on WPC shares. Citigroup increased their target price on shares of W.P. Carey from $69.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Barclays increased their target price on shares of W.P. Carey from $68.00 to $72.00 and gave the company an “underweight” rating in a research report on Tuesday, April 21st. Evercore set a $74.00 target price on shares of W.P. Carey in a research report on Tuesday, February 17th. Royal Bank Of Canada increased their target price 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. Finally, Scotiabank increased their target price on shares of W.P. Carey from $73.00 to $79.00 and gave the company a “sector perform” rating in a research report on Tuesday. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $73.60.

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.