Royal Fund Management LLC Increases Holdings in W.P. Carey Inc. $WPC

Royal Fund Management LLC grew its stake in W.P. Carey Inc. (NYSE:WPC) by 133.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,262 shares of the real estate investment trust’s stock after acquiring an additional 21,332 shares during the quarter. Royal Fund Management LLC’s holdings in W.P. Carey were worth $2,398,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of WPC. Austin Private Wealth LLC raised its position in shares of W.P. Carey by 2.1% in the 3rd quarter. Austin Private Wealth LLC now owns 7,654 shares of the real estate investment trust’s stock worth $517,000 after purchasing an additional 161 shares during the last quarter. D.A. Davidson & CO. grew its position in W.P. Carey by 2.6% during the 3rd quarter. D.A. Davidson & CO. now owns 6,691 shares of the real estate investment trust’s stock valued at $452,000 after purchasing an additional 169 shares during the last quarter. Fifth Third Bancorp increased its stake in W.P. Carey by 4.5% during the 3rd quarter. Fifth Third Bancorp now owns 4,157 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 178 shares in the last quarter. Woodward Diversified Capital LLC increased its stake in W.P. Carey by 3.9% during the 4th quarter. Woodward Diversified Capital LLC now owns 5,243 shares of the real estate investment trust’s stock valued at $337,000 after purchasing an additional 198 shares in the last quarter. Finally, AE Wealth Management LLC raised its holdings in W.P. Carey by 1.9% in the third quarter. AE Wealth Management LLC now owns 10,549 shares of the real estate investment trust’s stock worth $713,000 after buying an additional 200 shares during the last quarter. 73.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barclays upped their target price on shares of W.P. Carey from $65.00 to $68.00 and gave the stock an “underweight” rating in a research note on Friday, March 13th. Scotiabank boosted 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 report on Monday, March 2nd. JPMorgan Chase & Co. lowered their price objective on W.P. Carey from $79.00 to $74.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of W.P. Carey in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada lifted their target price on W.P. Carey from $70.00 to $72.00 and gave the stock a “sector perform” rating in a report on Thursday, February 12th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, W.P. Carey presently has a consensus rating of “Hold” and an average price target of $71.90.

W.P. Carey Price Performance

WPC opened at $67.77 on Tuesday. The company’s 50-day simple moving average is $71.00 and its two-hundred day simple moving average is $68.27. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a market capitalization of $14.85 billion, a P/E ratio of 32.12, a P/E/G ratio of 4.60 and a beta of 0.76. W.P. Carey Inc. has a 52-week low of $54.24 and a 52-week high of $75.69.

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

W.P. Carey Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.93 per share. The ex-dividend date is Tuesday, March 31st. This represents a $3.72 dividend on an annualized basis and a yield of 5.5%. This is a boost from W.P. Carey’s previous quarterly dividend of $0.92. W.P. Carey’s dividend payout ratio (DPR) is presently 174.41%.

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.