Kepler Cheuvreux Suisse SA Decreases Stock Holdings in W.P. Carey Inc. $WPC

Kepler Cheuvreux Suisse SA decreased its stake in shares of W.P. Carey Inc. (NYSE:WPC) by 21.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,723 shares of the real estate investment trust’s stock after selling 27,061 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in W.P. Carey were worth $6,642,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC bought a new stake in shares of W.P. Carey in the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of W.P. Carey during the 4th quarter valued at approximately $26,000. Olistico Wealth LLC purchased a new stake in shares of W.P. Carey in the fourth quarter worth $28,000. Osbon Capital Management LLC purchased a new stake in W.P. Carey in the 4th quarter worth $29,000. Finally, Headlands Technologies LLC purchased a new stake in shares of W.P. Carey during the second quarter worth about $30,000. Hedge funds and other institutional investors own 73.73% of the company’s stock.

W.P. Carey Trading Down 0.1%

Shares of NYSE WPC opened at $71.25 on Friday. W.P. Carey Inc. has a 1-year low of $61.09 and a 1-year high of $76.97. The business has a fifty day moving average price of $73.62 and a 200 day moving average price of $71.02. The stock has a market capitalization of $15.87 billion, a P/E ratio of 30.45, a price-to-earnings-growth ratio of 2.76 and a beta of 0.76. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.35.

W.P. Carey (NYSE:WPC) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.69. The company had revenue of $454.51 million for the quarter, compared to analyst estimates of $430.64 million. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Equities research analysts expect that W.P. Carey Inc. will post 5.06 EPS for the current fiscal year.

W.P. Carey Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.94 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 5.3%. This is an increase from W.P. Carey’s previous quarterly dividend of $0.93. W.P. Carey’s dividend payout ratio (DPR) is 160.68%.

Insider Activity

In other news, CAO Brian H. Zander sold 433 shares of W.P. Carey stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total value of $32,042.00. Following the transaction, the chief accounting officer owned 13,882 shares of the company’s stock, valued at $1,027,268. The trade was a 3.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.98% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on WPC shares. BMO Capital Markets cut their target price on shares of W.P. Carey from $86.00 to $84.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. Royal Bank Of Canada increased their price target on W.P. Carey from $72.00 to $73.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Weiss Ratings raised shares of W.P. Carey from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Bank of America upgraded W.P. Carey from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $73.00 to $83.00 in a research note on Tuesday, June 16th. Finally, Barclays lifted their price target on shares of W.P. Carey from $72.00 to $78.00 and gave the company an “underweight” rating in a research note on Tuesday, May 19th. Six investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $77.83.

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.