W.P. Carey Inc. $WPC Position Boosted by Danske Bank A S

Danske Bank A S lifted its stake in shares of W.P. Carey Inc. (NYSE:WPC) by 17.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 135,038 shares of the real estate investment trust’s stock after buying an additional 20,500 shares during the quarter. Danske Bank A S’s holdings in W.P. Carey were worth $8,691,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Captrust Financial Advisors grew its stake in shares of W.P. Carey by 9.1% during the third quarter. Captrust Financial Advisors now owns 842,106 shares of the real estate investment trust’s stock worth $56,901,000 after buying an additional 70,572 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of W.P. Carey by 89.9% during the third quarter. HB Wealth Management LLC now owns 20,946 shares of the real estate investment trust’s stock worth $1,415,000 after buying an additional 9,918 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of W.P. Carey by 10.8% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 372,212 shares of the real estate investment trust’s stock worth $25,150,000 after buying an additional 36,205 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of W.P. Carey by 149.8% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 283,045 shares of the real estate investment trust’s stock worth $19,125,000 after buying an additional 169,755 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of W.P. Carey by 46.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 310,200 shares of the real estate investment trust’s stock worth $21,159,000 after buying an additional 98,706 shares during the last quarter. Institutional investors own 73.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WPC. UBS Group boosted their target price on shares of W.P. Carey from $68.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, March 9th. Scotiabank boosted their price target on W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Evercore set a $74.00 price target on W.P. Carey in a report on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of W.P. Carey in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada 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 research note on Thursday. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, W.P. Carey presently has an average rating of “Hold” and an average price target of $73.00.

W.P. Carey Stock Performance

Shares of WPC stock opened at $72.42 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market capitalization of $16.13 billion, a PE ratio of 30.95, a PEG ratio of 4.77 and a beta of 0.77. The business’s 50 day simple moving average is $71.49 and its 200 day simple moving average is $68.92. W.P. Carey Inc. has a one year low of $59.34 and a one year high of $75.69.

W.P. Carey (NYSE:WPC) last issued its quarterly earnings results 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. The business had revenue of $454.51 million for the quarter, compared to analysts’ expectations of $430.64 million. W.P. Carey had a net margin of 29.35% and a return on equity of 6.29%. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. As a group, research analysts forecast 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 disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.93 per share. This is a boost from W.P. Carey’s previous quarterly dividend of $0.92. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.72 dividend on an annualized basis and a dividend yield of 5.1%. 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.