Universal Beteiligungs und Servicegesellschaft mbH Sells 9,259 Shares of W.P. Carey Inc. $WPC

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in W.P. Carey Inc. (NYSE:WPC) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,951 shares of the real estate investment trust’s stock after selling 9,259 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.06% of W.P. Carey worth $8,475,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors raised its stake in W.P. Carey by 9.1% in the third quarter. Captrust Financial Advisors now owns 842,106 shares of the real estate investment trust’s stock valued at $56,901,000 after purchasing an additional 70,572 shares in the last quarter. HB Wealth Management LLC grew its stake in 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 in the last quarter. Tectonic Advisors LLC bought a new position in W.P. Carey in the 3rd quarter valued at about $11,016,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in W.P. Carey by 10.8% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 372,212 shares of the real estate investment trust’s stock valued at $25,150,000 after buying an additional 36,205 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp raised its position in shares of W.P. Carey by 149.8% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 283,045 shares of the real estate investment trust’s stock valued at $19,125,000 after buying an additional 169,755 shares in the last quarter. 73.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WPC has been the topic of several analyst reports. Evercore set a $74.00 price target on shares of W.P. Carey in a research report on Tuesday, February 17th. Barclays boosted their price objective on shares of W.P. Carey from $68.00 to $72.00 and gave the company an “underweight” rating in a research report on Tuesday, April 21st. Scotiabank upped 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. Citigroup raised their target price on W.P. Carey from $60.00 to $69.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Finally, Royal Bank Of Canada boosted their price target on W.P. Carey from $70.00 to $72.00 and gave the stock a “sector perform” rating in a report on Thursday, February 12th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $72.30.

W.P. Carey Trading Up 0.1%

WPC opened at $73.21 on Monday. The company has a market cap of $16.05 billion, a P/E ratio of 34.70, a PEG ratio of 4.81 and a beta of 0.78. 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’s 50 day moving average is $71.52 and its 200-day moving average is $68.77. W.P. Carey Inc. has a 1-year low of $59.34 and a 1-year high of $75.69.

W.P. Carey (NYSE:WPC) last released its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.02. W.P. Carey had a net margin of 27.17% and a return on equity of 5.67%. The business had revenue of $444.55 million during the quarter, compared to analysts’ expectations of $433.28 million. During the same period in the prior year, the company earned $1.21 EPS. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. Equities research analysts predict that W.P. Carey Inc. will post 5.02 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 5.1%. This is a boost from W.P. Carey’s previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. W.P. Carey’s dividend payout ratio (DPR) is currently 176.30%.

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.