W.P. Carey Inc. $WPC Stock Holdings Raised by American Century Companies Inc.

American Century Companies Inc. lifted its stake in shares of W.P. Carey Inc. (NYSE:WPC) by 24.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 211,986 shares of the real estate investment trust’s stock after purchasing an additional 42,294 shares during the period. American Century Companies Inc. owned about 0.10% of W.P. Carey worth $14,324,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Advisors Capital Management LLC raised its holdings in shares of W.P. Carey by 6.4% during the second quarter. Advisors Capital Management LLC now owns 875,988 shares of the real estate investment trust’s stock worth $54,644,000 after purchasing an additional 52,660 shares during the period. Carnegie Investment Counsel lifted its position in shares of W.P. Carey by 9.4% in the 3rd quarter. Carnegie Investment Counsel now owns 208,638 shares of the real estate investment trust’s stock worth $14,098,000 after buying an additional 17,843 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of W.P. Carey by 89.9% in the 3rd quarter. HB Wealth Management LLC now owns 20,946 shares of the real estate investment trust’s stock valued at $1,415,000 after buying an additional 9,918 shares during the period. Tectonic Advisors LLC acquired a new position in shares of W.P. Carey in the 3rd quarter valued at about $11,016,000. Finally, Mitsubishi UFJ Trust & Banking Corp grew its position in shares of W.P. Carey by 149.8% during 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 during the last quarter. 73.73% of the stock is currently owned by institutional investors and hedge funds.

W.P. Carey Trading Down 1.1%

W.P. Carey stock opened at $71.47 on Thursday. W.P. Carey Inc. has a 52-week low of $54.24 and a 52-week high of $75.69. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $15.66 billion, a price-to-earnings ratio of 33.87, a PEG ratio of 4.92 and a beta of 0.76. The firm has a 50-day moving average price of $70.40 and a two-hundred day moving average price of $68.07.

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

W.P. Carey Increases Dividend

The firm 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. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 5.1%. This is an increase from W.P. Carey’s previous quarterly dividend of $0.91. W.P. Carey’s payout ratio is 174.41%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WPC. Citigroup increased 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. Weiss Ratings restated a “hold (c)” rating on shares of W.P. Carey in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on 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. Scotiabank raised their price target on W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Finally, Barclays set a $65.00 price objective on W.P. Carey in a research report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $71.11.

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.