Senator Gary C. Peters (D-Michigan) recently bought shares of W.P. Carey Inc. (NYSE:WPC). In a filing disclosed on January 20th, the Senator disclosed that they had bought between $15,001 and $50,000 in W.P. Carey stock on January 12th.
Senator Gary C. Peters also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Stanley Black & Decker (NYSE:SWK) on 1/12/2026.
- Purchased $1,001 – $15,000 in shares of Verizon Communications (NYSE:VZ) on 12/12/2025.
- Sold $15,001 – $50,000 in shares of Intel (NASDAQ:INTC) on 12/12/2025.
- Purchased $1,001 – $15,000 in shares of Conagra Brands (NYSE:CAG) on 11/14/2025.
W.P. Carey Stock Down 0.4%
WPC stock opened at $69.62 on Thursday. The company’s 50 day moving average price is $66.31 and its 200 day moving average price is $66.22. The firm has a market capitalization of $15.26 billion, a price-to-earnings ratio of 42.20, a PEG ratio of 5.97 and a beta of 0.79. W.P. Carey Inc. has a fifty-two week low of $53.93 and a fifty-two week high of $70.28. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.25 and a current ratio of 0.25.
W.P. Carey Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. This is a boost from W.P. Carey’s previous quarterly dividend of $0.91. This represents a $3.68 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Wednesday, December 31st. W.P. Carey’s dividend payout ratio is presently 223.03%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on WPC shares. Evercore ISI dropped their price objective on W.P. Carey from $72.00 to $71.00 and set an “in-line” rating on the stock in a report on Monday, December 15th. Barclays set a $65.00 price target on W.P. Carey in a report on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of W.P. Carey in a report on Wednesday, October 8th. Citigroup upped their target price on shares of W.P. Carey from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. dropped their target price on shares of 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. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $68.70.
Check Out Our Latest Stock Analysis on WPC
Hedge Funds Weigh In On W.P. Carey
Institutional investors have recently modified their holdings of the business. State Street Corp grew its holdings in W.P. Carey by 1.0% during the third quarter. State Street Corp now owns 12,329,159 shares of the real estate investment trust’s stock worth $844,065,000 after acquiring an additional 119,817 shares during the period. Geode Capital Management LLC boosted its position in shares of W.P. Carey by 1.9% during the 2nd quarter. Geode Capital Management LLC now owns 4,606,018 shares of the real estate investment trust’s stock worth $286,581,000 after purchasing an additional 87,150 shares in the last quarter. Invesco Ltd. boosted its position in shares of W.P. Carey by 416.8% during the 3rd quarter. Invesco Ltd. now owns 3,892,462 shares of the real estate investment trust’s stock worth $263,014,000 after purchasing an additional 3,139,266 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of W.P. Carey by 1.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,771,487 shares of the real estate investment trust’s stock worth $254,839,000 after purchasing an additional 55,437 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of W.P. Carey by 1.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,171,690 shares of the real estate investment trust’s stock valued at $214,315,000 after purchasing an additional 49,992 shares in the last quarter. 73.73% of the stock is owned by institutional investors and hedge funds.
About Senator Peters
Gary Peters (Democratic Party) is a member of the U.S. Senate from Michigan. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Peters (Democratic Party) ran for re-election to the U.S. Senate to represent Michigan. He won in the general election on November 3, 2020. Peters completed Ballotpedia’s Candidate Connection survey in 2020. Click here to read the survey answers. Peters was elected to the Senate in 2014. On May 1, 2013, Peters announced he would seek election to the United States Senate seat that was being vacated in 2014 by retiring Michigan Sen. Carl Levin. Peters ran unopposed in the Democratic primary on August 5, 2014, before he defeated Terri Lynn Land (R), Jim Fulner (Libertarian), Richard Matkin (U.S. Taxpayers), and Chris Wahmhoff (Green) in the general election on November 4, 2014. Peters was previously a member of the U.S. House of Representatives representing Michigan’s 9th Congressional District from 2009 to 2013 and Michigan’s 14th Congressional District from 2013 to 2015. He also served as Commissioner of the Michigan Lottery from 2003 to 2007. As of a 2014 analysis of multiple outside rankings, Peters is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills. On January 28, 2021, Senate Majority Leader Chuck Schumer (D-N.Y.) appointed Peters to head the Democratic Senatorial Campaign Committee for the 2022 campaign cycle. Peters was born in 1958 in Pontiac, Michigan. After graduating from Alma College in 1980, Peters went on to receive his M.B.A. from the University of Detroit and his J.D. from Wayne State University in 1985 and 1989, respectively. Prior to his political career, Peters worked as a professor and investment banker. He also served in the United States Naval Reserve from 1993 to 2000 and from 2001 to 2005.
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.
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