Royal Fund Management LLC Boosts Position in W.P. Carey Inc. $WPC

Royal Fund Management LLC raised its position in W.P. Carey Inc. (NYSE:WPC) by 133.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm 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.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Austin Private Wealth LLC grew its stake in shares of W.P. Carey by 2.1% during the 3rd 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 period. D.A. Davidson & CO. lifted its stake in shares of W.P. Carey by 2.6% in the 3rd quarter. D.A. Davidson & CO. now owns 6,691 shares of the real estate investment trust’s stock worth $452,000 after purchasing an additional 169 shares during the period. Fifth Third Bancorp lifted its stake in shares of W.P. Carey by 4.5% in the 3rd quarter. Fifth Third Bancorp now owns 4,157 shares of the real estate investment trust’s stock worth $281,000 after purchasing an additional 178 shares during the period. Woodward Diversified Capital LLC boosted its holdings in shares of W.P. Carey by 3.9% in the fourth quarter. Woodward Diversified Capital LLC now owns 5,243 shares of the real estate investment trust’s stock worth $337,000 after buying an additional 198 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of 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.

W.P. Carey Trading Up 0.2%

W.P. Carey stock opened at $67.77 on Tuesday. W.P. Carey Inc. has a 12-month low of $54.24 and a 12-month high of $75.69. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 32.12, a P/E/G ratio of 4.60 and a beta of 0.76. The firm has a 50 day moving average of $71.00 and a 200 day moving average of $68.27. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 1.02.

W.P. Carey (NYSE:WPC) last issued its quarterly earnings results 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. The business had revenue of $444.55 million for 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 company’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, research analysts predict that W.P. Carey Inc. will post 4.87 earnings per share for the current year.

W.P. Carey Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have commented on WPC. Evercore set a $74.00 target price on shares of W.P. Carey in a report on Tuesday, February 17th. Barclays lifted their price target 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. Royal Bank Of Canada boosted their price objective on shares of W.P. Carey from $70.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. reduced their price objective on W.P. Carey from $79.00 to $74.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Finally, Citigroup raised their target price on W.P. Carey from $60.00 to $69.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, W.P. Carey currently has an average rating of “Hold” and an average price target of $71.90.

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.