Ameritas Advisory Services LLC Has $295,000 Stock Position in W.P. Carey Inc. $WPC

Ameritas Advisory Services LLC trimmed its position in W.P. Carey Inc. (NYSE:WPC) by 62.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,365 shares of the real estate investment trust’s stock after selling 7,286 shares during the quarter. Ameritas Advisory Services LLC’s holdings in W.P. Carey were worth $295,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Allianz Asset Management GmbH grew its stake in shares of W.P. Carey by 5.8% in the second quarter. Allianz Asset Management GmbH now owns 311,346 shares of the real estate investment trust’s stock worth $19,422,000 after purchasing an additional 17,097 shares during the last quarter. Private Trust Co. NA grew its position in shares of W.P. Carey by 17.3% during the 2nd quarter. Private Trust Co. NA now owns 3,900 shares of the real estate investment trust’s stock worth $243,000 after buying an additional 575 shares during the period. Stratos Wealth Partners LTD. increased its stake in W.P. Carey by 16.8% in the second quarter. Stratos Wealth Partners LTD. now owns 13,441 shares of the real estate investment trust’s stock valued at $838,000 after purchasing an additional 1,938 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in W.P. Carey during the 2nd quarter worth approximately $15,738,000. Finally, International Assets Investment Management LLC lifted its stake in shares of W.P. Carey by 17.9% in the second quarter. International Assets Investment Management LLC now owns 6,666 shares of the real estate investment trust’s stock valued at $416,000 after buying an additional 1,012 shares in the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WPC. Citigroup upped 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. JPMorgan Chase & Co. reduced their target price on shares of W.P. Carey from $79.00 to $74.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Evercore dropped their price target on shares of W.P. Carey from $72.00 to $71.00 and set an “in-line” rating on the stock in a research note on Monday, December 15th. Scotiabank raised their price objective on shares of W.P. Carey from $67.00 to $72.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Finally, Royal Bank Of Canada lifted their price objective on shares of W.P. Carey from $70.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $69.40.

W.P. Carey Trading Up 1.5%

W.P. Carey stock opened at $74.17 on Tuesday. 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 fifty-two week low of $54.24 and a fifty-two week high of $74.29. The stock has a market cap of $16.26 billion, a P/E ratio of 35.15, a PEG ratio of 6.33 and a beta of 0.78. The firm’s fifty day moving average price is $67.65 and its 200-day moving average price is $67.21.

W.P. Carey (NYSE:WPC) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, topping the consensus estimate of $1.25 by $0.02. The company 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%.W.P. Carey’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. Equities research analysts forecast that W.P. Carey Inc. will post 4.87 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. This is an increase from W.P. Carey’s previous quarterly dividend of $0.91. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a dividend yield of 5.0%. W.P. Carey’s dividend payout ratio is 174.41%.

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.