Cwm LLC Reduces Holdings in W.P. Carey Inc. $WPC

Cwm LLC trimmed its position in shares of W.P. Carey Inc. (NYSE:WPC) by 4.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 354,209 shares of the real estate investment trust’s stock after selling 16,971 shares during the quarter. Cwm LLC’s holdings in W.P. Carey were worth $22,797,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Olistico Wealth LLC acquired a new stake in W.P. Carey in the 4th quarter valued at about $28,000. Headlands Technologies LLC purchased a new position in W.P. Carey in the 2nd quarter worth approximately $30,000. Wealth Watch Advisors INC purchased a new position in W.P. Carey in the 3rd quarter worth approximately $33,000. LGT Financial Advisors LLC purchased a new position in W.P. Carey in the 3rd quarter worth approximately $34,000. Finally, Salem Investment Counselors Inc. lifted its stake in W.P. Carey by 1,126.0% in the 3rd quarter. Salem Investment Counselors Inc. now owns 613 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 563 shares in the last quarter. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Barclays raised their target price on shares of W.P. Carey from $65.00 to $68.00 and gave the stock an “underweight” rating in a research note on Friday, March 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of W.P. Carey in a research note on Wednesday, January 21st. Evercore set a $74.00 target price on W.P. Carey in a research note on Tuesday, February 17th. Citigroup raised their target price 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. Finally, Raymond James Financial raised W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 target price for the company in a research note on Tuesday, March 17th. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $71.90.

W.P. Carey Stock Up 1.4%

Shares of WPC opened at $73.93 on Friday. The company has a market capitalization of $16.21 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 4.79 and a beta of 0.78. 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 $59.34 and a 52-week high of $75.69. The stock has a fifty day simple moving average of $71.44 and a two-hundred day simple moving average of $68.57.

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, topping analysts’ consensus estimates 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 revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.21 EPS. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, equities analysts forecast that W.P. Carey Inc. will post 4.87 EPS for the current year.

W.P. Carey Increases Dividend

The firm 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. The ex-dividend date was Tuesday, March 31st. 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. W.P. Carey’s dividend payout ratio (DPR) is currently 176.30%.

W.P. Carey Company 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.