Inceptionr LLC Acquires 11,920 Shares of W.P. Carey Inc. $WPC

Inceptionr LLC boosted its holdings in W.P. Carey Inc. (NYSE:WPC) by 110.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,665 shares of the real estate investment trust’s stock after buying an additional 11,920 shares during the period. Inceptionr LLC’s holdings in W.P. Carey were worth $1,531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Austin Private Wealth LLC grew its holdings in 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 worth $517,000 after acquiring 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 valued at $452,000 after purchasing an additional 169 shares during the period. Fifth Third Bancorp boosted its position 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 last quarter. AE Wealth Management LLC boosted its position in shares of W.P. Carey by 1.9% in the 3rd quarter. AE Wealth Management LLC now owns 10,549 shares of the real estate investment trust’s stock worth $713,000 after purchasing an additional 200 shares during the last quarter. Finally, CW Advisors LLC grew its stake in shares of W.P. Carey by 2.2% during the second quarter. CW Advisors LLC now owns 9,144 shares of the real estate investment trust’s stock worth $570,000 after purchasing an additional 201 shares during the period. 73.73% of the stock is owned by institutional investors.

W.P. Carey Stock Performance

Shares of W.P. Carey stock opened at $72.70 on Monday. The stock’s fifty day simple moving average is $69.97 and its 200 day simple moving average is $67.96. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $15.93 billion, a PE ratio of 34.46, a PEG ratio of 4.94 and a beta of 0.76. W.P. Carey Inc. has a 12 month low of $54.24 and a 12 month high of $75.69.

W.P. Carey (NYSE:WPC) last posted its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.02. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.The firm had revenue of $444.55 million during the quarter, compared to analysts’ expectations of $433.28 million. During the same period in the previous year, the firm earned $1.21 earnings per share. The company’s revenue was up 9.6% on a year-over-year basis. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. On average, research analysts predict that W.P. Carey Inc. will post 4.87 EPS for the current year.

W.P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a $0.92 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a dividend yield of 5.1%. This is a boost from W.P. Carey’s previous quarterly dividend of $0.91. W.P. Carey’s payout ratio is presently 174.41%.

Analyst Ratings Changes

WPC has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of W.P. Carey in a report on Wednesday, January 21st. JPMorgan Chase & Co. decreased their target price on W.P. Carey from $79.00 to $74.00 and set an “overweight” rating for the company in a research report on Tuesday, December 9th. Evercore set a $74.00 price target on W.P. Carey in a research note on Tuesday, February 17th. Barclays set a $65.00 price target on shares of W.P. Carey in a research report on Tuesday, January 13th. Finally, Citigroup lifted their price objective on shares of W.P. Carey from $60.00 to $69.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $70.11.

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.