Farther Finance Advisors LLC Has $934,000 Holdings in W.P. Carey Inc. $WPC

Farther Finance Advisors LLC grew its position in shares of W.P. Carey Inc. (NYSE:WPC) by 133.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,516 shares of the real estate investment trust’s stock after purchasing an additional 8,295 shares during the quarter. Farther Finance Advisors LLC’s holdings in W.P. Carey were worth $934,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Carnegie Investment Counsel lifted its holdings in W.P. Carey by 9.4% in the third quarter. Carnegie Investment Counsel now owns 208,638 shares of the real estate investment trust’s stock valued at $14,098,000 after buying an additional 17,843 shares during the period. Captrust Financial Advisors boosted its position in W.P. Carey by 9.1% during 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 acquiring an additional 70,572 shares during the last quarter. HB Wealth Management LLC grew its holdings in W.P. Carey by 89.9% during the 3rd quarter. HB Wealth Management LLC now owns 20,946 shares of the real estate investment trust’s stock worth $1,415,000 after acquiring an additional 9,918 shares during the period. Tectonic Advisors LLC acquired a new stake in W.P. Carey during the 3rd quarter worth about $11,016,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of 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 worth $25,150,000 after acquiring an additional 36,205 shares in the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.

W.P. Carey Price Performance

WPC stock opened at $72.83 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.14 and a quick ratio of 0.14. The company’s 50-day moving average is $71.52 and its 200-day moving average is $68.68. The stock has a market capitalization of $15.97 billion, a PE ratio of 34.52, a price-to-earnings-growth ratio of 4.85 and a beta of 0.78. 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 issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.02. The business had revenue of $444.55 million during the quarter, compared to analyst estimates of $433.28 million. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.21 EPS. 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 5.02 EPS for the current fiscal year.

W.P. Carey Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.93 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is a positive change from W.P. Carey’s previous quarterly dividend of $0.92. This represents a $3.72 dividend on an annualized basis and a dividend yield of 5.1%. W.P. Carey’s payout ratio is currently 176.30%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WPC. Royal Bank Of Canada boosted their price objective 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. Evercore set a $74.00 target price on W.P. Carey in a research note on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of W.P. Carey in a report on Wednesday, January 21st. Raymond James Financial upgraded W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a report on Tuesday, March 17th. Finally, Citigroup raised 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 report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $72.30.

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.