W.P. Carey Inc. $WPC Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its holdings in shares of W.P. Carey Inc. (NYSE:WPC) by 98.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,498 shares of the real estate investment trust’s stock after buying an additional 12,671 shares during the period. Assetmark Inc.’s holdings in W.P. Carey were worth $1,641,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Olistico Wealth LLC acquired a new stake in W.P. Carey in the fourth quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new position in W.P. Carey during the 2nd quarter worth approximately $30,000. Wealth Watch Advisors INC purchased a new stake in shares of W.P. Carey in the 3rd quarter valued at approximately $33,000. LGT Financial Advisors LLC acquired a new stake in shares of W.P. Carey in the 3rd quarter valued at $34,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of W.P. Carey by 1,450.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 620 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 580 shares in the last quarter. 73.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on WPC shares. Royal Bank Of Canada raised their price target on W.P. Carey from $70.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, February 12th. Scotiabank increased their price objective on W.P. Carey from $72.00 to $73.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Barclays raised their target price on W.P. Carey from $65.00 to $68.00 and gave the stock an “underweight” rating in a research report on Friday, March 13th. UBS Group boosted their target price on W.P. Carey from $68.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, March 9th. Finally, Evercore set a $74.00 price target on W.P. Carey in a report on Tuesday, February 17th. Three investment 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 data from MarketBeat, W.P. Carey presently has an average rating of “Hold” and an average price target of $71.90.

W.P. Carey Stock Down 0.3%

WPC stock opened at $73.76 on Tuesday. The stock has a market capitalization of $16.17 billion, a PE ratio of 34.96, a price-to-earnings-growth ratio of 4.86 and a beta of 0.78. The company has a fifty day moving average of $71.49 and a 200-day moving average of $68.62. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.14 and a current ratio of 0.14. W.P. Carey Inc. has a one year low of $59.34 and a one year high of $75.69.

W.P. Carey (NYSE:WPC) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, beating the consensus estimate of $1.25 by $0.02. The business had revenue of $444.55 million during 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 company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $1.21 EPS. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, analysts expect that W.P. Carey Inc. will post 5.02 EPS for the current year.

W.P. Carey Increases Dividend

The company 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 dividend on an annualized basis and a dividend yield of 5.0%. 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 payout ratio is presently 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.