Ticino Wealth Invests $644,000 in W.P. Carey Inc. $WPC

Ticino Wealth acquired a new position in W.P. Carey Inc. (NYSE:WPC) during the fourth quarter, Holdings Channel reports. The firm acquired 10,000 shares of the real estate investment trust’s stock, valued at approximately $644,000.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp grew its position in W.P. Carey by 1.0% during the third quarter. State Street Corp now owns 12,329,159 shares of the real estate investment trust’s stock worth $844,065,000 after buying an additional 119,817 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of W.P. Carey by 11.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,213,013 shares of the real estate investment trust’s stock valued at $271,150,000 after acquiring an additional 441,526 shares in the last quarter. Invesco Ltd. boosted its position in shares of W.P. Carey by 416.8% during the 3rd quarter. Invesco Ltd. now owns 3,892,462 shares of the real estate investment trust’s stock valued at $263,014,000 after acquiring an additional 3,139,266 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of W.P. Carey by 1.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,171,690 shares of the real estate investment trust’s stock valued at $214,315,000 after acquiring an additional 49,992 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of W.P. Carey by 0.7% during the third quarter. Legal & General Group Plc now owns 2,570,295 shares of the real estate investment trust’s stock worth $173,675,000 after purchasing an additional 19,044 shares in the last quarter. Institutional investors own 73.73% of the company’s stock.

Analyst Ratings Changes

WPC has been the topic of several research analyst reports. Evercore set a $74.00 price objective on shares of W.P. Carey in a research report on Tuesday, February 17th. Scotiabank boosted their price target on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. UBS Group increased their price target on shares of W.P. Carey from $68.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Weiss Ratings restated a “hold (c)” rating on shares of W.P. Carey in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada lifted their price objective on shares of W.P. Carey from $70.00 to $72.00 and gave the stock a “sector perform” rating in a report on Thursday, February 12th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, W.P. Carey has a consensus rating of “Hold” and a consensus price target of $72.30.

W.P. Carey Stock Performance

W.P. Carey stock opened at $73.50 on Tuesday. The firm has a fifty day simple moving average of $71.49 and a two-hundred day simple moving average of $68.62. W.P. Carey Inc. has a twelve month low of $59.34 and a twelve month high of $75.69. The company has a market capitalization of $16.12 billion, a PE ratio of 34.94, a P/E/G ratio of 4.86 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 (NYSE:WPC) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.02. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.The business had revenue of $444.55 million for the quarter, compared to analyst estimates of $433.28 million. During the same period last year, the company earned $1.21 EPS. W.P. Carey’s revenue for the quarter was up 9.6% compared to the same quarter last year. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. Research analysts expect that W.P. Carey Inc. will post 5.02 EPS for the current year.

W.P. Carey Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.93 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is an increase from W.P. Carey’s previous quarterly dividend of $0.92. This represents a $3.72 annualized dividend and a yield of 5.1%. W.P. Carey’s payout ratio is presently 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.