Generali Asset Management SPA SGR Invests $1.90 Million in W.P. Carey Inc. $WPC

Generali Asset Management SPA SGR bought a new position in shares of W.P. Carey Inc. (NYSE:WPC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 29,524 shares of the real estate investment trust’s stock, valued at approximately $1,900,000.

Several other institutional investors have also modified their holdings of WPC. Laurel Wealth Advisors LLC purchased a new position in shares of W.P. Carey during the 4th quarter worth $25,000. Olistico Wealth LLC purchased a new position in shares of W.P. Carey during the 4th quarter worth $28,000. Headlands Technologies LLC purchased a new position in shares of W.P. Carey during the 2nd quarter worth $30,000. Wealth Watch Advisors INC purchased a new position in shares of W.P. Carey during the 3rd quarter worth $33,000. Finally, LGT Financial Advisors LLC purchased a new position in shares of W.P. Carey during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 73.73% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Brian H. Zander sold 433 shares of W.P. Carey stock in a transaction that occurred 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 in the company, 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.98% of the company’s stock.

W.P. Carey Trading Up 0.3%

NYSE WPC opened at $74.10 on Friday. The firm’s 50-day moving average is $71.53 and its two-hundred day moving average is $69.03. W.P. Carey Inc. has a 12 month low of $59.34 and a 12 month high of $75.69. 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 $16.50 billion, a P/E ratio of 31.66, a PEG ratio of 3.18 and a beta of 0.77.

W.P. Carey (NYSE:WPC) last posted its 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. 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 analysts’ expectations of $430.64 million. During the same quarter in the prior year, the company posted $1.17 earnings per share. W.P. Carey’s revenue for the quarter 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, sell-side analysts anticipate 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 issued a $0.93 dividend. This is a boost from W.P. Carey’s previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. This represents a $3.72 annualized dividend and a yield of 5.0%. W.P. Carey’s payout ratio is 158.97%.

Analyst Ratings Changes

A number of analysts have recently issued reports on WPC shares. Weiss Ratings upgraded shares of W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Barclays raised their price target on shares of W.P. Carey from $68.00 to $72.00 and gave the stock an “underweight” rating in a report on Tuesday, April 21st. Scotiabank raised their target price on W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Evercore set a $74.00 target price on W.P. Carey in a research note on Tuesday, February 17th. Finally, Citigroup raised their target price on W.P. Carey from $69.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, W.P. Carey has a consensus rating of “Hold” and an average target price of $73.00.

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.