Brian Zander Sells 433 Shares of W.P. Carey (NYSE:WPC) Stock

Key Points

• Brian Zander, W.P. Carey’s CAO, sold 433 shares on May 6 at an average price of $74, reducing his holdings by 3.02% to 13,882 shares and generating proceeds of about $32,042, according to an SEC filing.
• W.P. Carey posted a strong quarter—EPS $1.30 vs. $0.61 consensus and revenue $454.5M vs. $430.6M—and set FY2026 guidance of 5.160–5.260 EPS, while raising its quarterly dividend to $0.93 (annualized yield ~5.0%).

W.P. Carey Inc. (NYSE:WPC - Get Free Report) CAO Brian Zander sold 433 shares of W.P. Carey stock in a transaction 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 sale, the chief accounting officer directly owned 13,882 shares of the company's stock, valued at $1,027,268. This represents a 3.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

W.P. Carey Price Performance

NYSE:WPC traded down $0.07 during trading hours on Thursday, hitting $73.78. 2,535,267 shares of the company's stock traded hands, compared to its average volume of 1,340,013. The firm has a market cap of $16.43 billion, a P/E ratio of 31.53, a P/E/G ratio of 3.14 and a beta of 0.77. W.P. Carey Inc. has a 52 week low of $59.34 and a 52 week high of $75.69. The business's fifty day simple moving average is $71.52 and its two-hundred day simple moving average is $68.99. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 1.04.

W.P. Carey (NYSE:WPC - Get Free Report) last posted its quarterly earnings data 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 during 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% on a year-over-year basis. During the same quarter last year, the company earned $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, research analysts anticipate that W.P. Carey Inc. will post 5.02 earnings per share for the current fiscal 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. This is a positive change from W.P. Carey's previous quarterly dividend of $0.92. This represents a $3.72 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, March 31st. W.P. Carey's dividend payout ratio is 158.97%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on WPC shares. Raymond James Financial raised W.P. Carey from a "market perform" rating to an "outperform" rating and set a $76.00 price target for the company in a research note on Tuesday, March 17th. Citigroup lifted their price target on W.P. Carey from $69.00 to $75.00 and gave the stock a "neutral" rating in a research note on Monday. Evercore set a $74.00 price target on W.P. Carey in a research note on Tuesday, February 17th. Barclays lifted their price target on W.P. Carey from $68.00 to $72.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 21st. Finally, Scotiabank lifted their price target on 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. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, W.P. Carey presently has an average rating of "Hold" and an average target price of $73.00.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. State Street Corp increased its holdings in shares of W.P. Carey by 1.0% in 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 during the period. Geode Capital Management LLC boosted its position in W.P. Carey by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 4,795,604 shares of the real estate investment trust's stock valued at $307,913,000 after buying an additional 110,306 shares during the period. Massachusetts Financial Services Co. MA boosted its position in W.P. Carey by 11.7% during 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 buying an additional 441,526 shares during the period. Invesco Ltd. boosted its position in W.P. Carey by 0.3% during the 4th quarter. Invesco Ltd. now owns 3,904,767 shares of the real estate investment trust's stock valued at $251,311,000 after buying an additional 12,305 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in W.P. Carey by 4.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,348,132 shares of the real estate investment trust's stock valued at $227,539,000 after buying an additional 155,857 shares during the period. Hedge funds and other institutional investors own 73.73% of the company's stock.

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.

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