Royal Fund Management LLC Sells 17,859 Shares of W.P. Carey Inc. $WPC

Royal Fund Management LLC trimmed its holdings in shares of W.P. Carey Inc. (NYSE:WPC) by 47.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,403 shares of the real estate investment trust’s stock after selling 17,859 shares during the quarter. Royal Fund Management LLC’s holdings in W.P. Carey were worth $1,319,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of WPC. Jacobi Capital Management LLC raised its stake in shares of W.P. Carey by 2.5% during the 4th quarter. Jacobi Capital Management LLC now owns 5,886 shares of the real estate investment trust’s stock worth $379,000 after purchasing an additional 145 shares during the period. Gen Wealth Partners Inc grew its position in W.P. Carey by 2.0% during the fourth quarter. Gen Wealth Partners Inc now owns 7,572 shares of the real estate investment trust’s stock valued at $487,000 after buying an additional 146 shares during the period. Kestra Private Wealth Services LLC increased its holdings in W.P. Carey by 0.7% during the first quarter. Kestra Private Wealth Services LLC now owns 21,474 shares of the real estate investment trust’s stock worth $1,459,000 after buying an additional 146 shares during the last quarter. Turning Point Benefit Group Inc. increased its holdings in W.P. Carey by 6.3% during the fourth quarter. Turning Point Benefit Group Inc. now owns 2,511 shares of the real estate investment trust’s stock worth $162,000 after buying an additional 148 shares during the last quarter. Finally, Brookwood Investment Group LLC raised its position in W.P. Carey by 1.7% in the fourth quarter. Brookwood Investment Group LLC now owns 8,936 shares of the real estate investment trust’s stock worth $575,000 after acquiring an additional 149 shares during the period. 73.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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 transaction, the chief accounting officer directly owned 13,882 shares in the company, valued at approximately $1,027,268. The trade was a 3.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.98% of the company’s stock.

W.P. Carey News Roundup

Here are the key news stories impacting W.P. Carey this week:

• Positive Sentiment: W.P. Carey’s second-quarter AFFO and revenue increased, helped by investment activity and rent growth. The company also raised its 2026 AFFO guidance to $5.19–$5.27 per share, a range that brackets the FactSet consensus estimate of $5.23. W. P. Carey Q2 AFFO, Revenue Rise; Company Lifts 2026 Guidance
• Positive Sentiment: A separate analysis highlighted the higher AFFO outlook and a dividend increase, potentially strengthening WPC’s income-investment appeal. Raised AFFO Guidance And Dividend Hike Might Change The Case For Investing In W. P. Carey
• Positive Sentiment: BNP Paribas reportedly upgraded W.P. Carey to “outperform” following the strong quarter, signaling improved analyst confidence. WP Carey upgraded to outperform at BNP Paribas after strong Q2
• Neutral Sentiment: Royal Bank of Canada raised its price target from $73 to $77 while maintaining a “sector perform” rating. The revised target suggests limited-to-moderate upside rather than a strongly bullish view. Royal Bank of Canada price-target update
• Negative Sentiment: Analysts cautioned that WPC’s valuation may cap further gains, while higher-for-longer interest rates remain a potential pressure on real estate investment trusts. W. P. Carey Continues To Impress, But Valuation Caps The Upside
• Negative Sentiment: Investors are also focused on a “critical property test,” indicating ongoing scrutiny of portfolio performance and asset-level risks. W. P. Carey Faces A Critical Property Test

W.P. Carey Price Performance

NYSE WPC opened at $73.86 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.22 and a debt-to-equity ratio of 1.01. The company has a market cap of $16.45 billion, a PE ratio of 25.21, a price-to-earnings-growth ratio of 2.89 and a beta of 0.76. W.P. Carey Inc. has a 52 week low of $63.08 and a 52 week high of $77.22. The firm’s 50-day simple moving average is $73.64 and its two-hundred day simple moving average is $72.23.

W.P. Carey (NYSE:WPC) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.69. W.P. Carey had a net margin of 36.34% and a return on equity of 7.81%. The firm 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 company earned $1.17 earnings per share. The company’s revenue was up 11.2% on a year-over-year basis. Research analysts predict that W.P. Carey Inc. will post 5.06 earnings per share for the current year.

W.P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.94 dividend. This is a boost from W.P. Carey’s previous quarterly dividend of $0.93. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $3.76 annualized dividend and a yield of 5.1%. W.P. Carey’s payout ratio is 160.68%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Citigroup reiterated a “market perform” rating on shares of W.P. Carey in a research note on Thursday, June 18th. Wells Fargo & Company lifted their price target on shares of W.P. Carey from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Evercore set a $77.00 price objective on W.P. Carey in a research note on Thursday. Wolfe Research raised W.P. Carey from a “peer perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a report on Monday, June 8th. Finally, BMO Capital Markets decreased their target price on W.P. Carey from $86.00 to $84.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $79.31.

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.