W.P. Carey Inc. $WPC Shares Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC raised its stake in shares of W.P. Carey Inc. (NYSE:WPC) by 90.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,212 shares of the real estate investment trust’s stock after acquiring an additional 11,531 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in W.P. Carey were worth $1,620,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. MTM Investment Management LLC acquired a new stake in W.P. Carey in the second quarter valued at about $28,000. Headlands Technologies LLC acquired a new stake in shares of W.P. Carey in the second quarter valued at about $30,000. Salem Investment Counselors Inc. boosted its holdings in W.P. Carey by 1,126.0% during the third quarter. Salem Investment Counselors Inc. now owns 613 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 563 shares in the last quarter. Clearstead Advisors LLC grew its position in W.P. Carey by 73.2% during the third quarter. Clearstead Advisors LLC now owns 646 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 273 shares during the period. Finally, True Wealth Design LLC increased its holdings in W.P. Carey by 74.4% in the third quarter. True Wealth Design LLC now owns 661 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 282 shares in the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on WPC. Citigroup boosted their price target on W.P. Carey from $60.00 to $69.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. dropped their price target 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. Barclays set a $65.00 price objective on shares of W.P. Carey in a research note on Tuesday, January 13th. Evercore set a $74.00 price target on shares of W.P. Carey in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada increased their price target on shares of W.P. Carey from $70.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, February 12th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $70.11.

W.P. Carey Price Performance

WPC stock opened at $72.62 on Friday. The stock has a market capitalization of $15.92 billion, a price-to-earnings ratio of 34.42, a price-to-earnings-growth ratio of 4.97 and a beta of 0.76. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 1.02. W.P. Carey Inc. has a 52-week low of $54.24 and a 52-week high of $75.69. The stock’s fifty day simple moving average is $69.81 and its 200-day simple moving average is $67.88.

W.P. Carey (NYSE:WPC) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $433.28 million. During the same period in the prior year, the business posted $1.21 earnings per share. The firm’s revenue for the quarter 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 expect that W.P. Carey Inc. will post 4.87 EPS for the current year.

W.P. Carey Increases Dividend

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

About W.P. Carey

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.