Danske Bank A S Increases Holdings in W.P. Carey Inc. $WPC

Key Points

• Danske Bank increased its stake in W.P. Carey by 17.9% in Q4 to 135,038 shares (about $8.69 million), and overall institutional investors now own roughly 73.73% of the stock.
• W.P. Carey beat quarterly expectations—reporting $1.30 EPS vs. $0.61 expected and $454.5M revenue vs. $430.6M—and set FY2026 guidance of $5.16–$5.26 per share (analysts average ~ $5.02).
• The company raised its quarterly dividend to $0.93 (annualized $3.72) for a ~5.1% yield, though the payout ratio is high at about 158.97%.

Danske Bank A S increased its holdings in shares of W.P. Carey Inc. (NYSE:WPC - Free Report) by 17.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,038 shares of the real estate investment trust's stock after purchasing an additional 20,500 shares during the period. Danske Bank A S owned 0.06% of W.P. Carey worth $8,691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Mutual Advisors LLC boosted its position in W.P. Carey by 4.7% during the 4th quarter. Mutual Advisors LLC now owns 29,218 shares of the real estate investment trust's stock worth $1,880,000 after purchasing an additional 1,318 shares during the period. New York State Teachers Retirement System boosted its position in W.P. Carey by 9.7% during the 4th quarter. New York State Teachers Retirement System now owns 178,165 shares of the real estate investment trust's stock worth $11,467,000 after purchasing an additional 15,817 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in W.P. Carey during the 4th quarter worth $25,000. Verity Asset Management Inc. purchased a new stake in W.P. Carey during the 4th quarter worth $227,000. Finally, Joseph Group Capital Management purchased a new position in W.P. Carey in the 4th quarter worth approximately $72,000. 73.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WPC. Scotiabank upped their price target on W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a report on Monday, March 2nd. Raymond James Financial upgraded W.P. Carey from a "market perform" rating to an "outperform" rating and set a $76.00 price target for the company in a report on Tuesday, March 17th. Royal Bank Of Canada upped their price target on W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a report on Thursday. Weiss Ratings restated a "hold (c)" rating on shares of W.P. Carey in a report on Wednesday, January 21st. Finally, Citigroup upped their price objective on shares of W.P. Carey from $69.00 to $75.00 and gave the company a "neutral" rating in a research report on Monday. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $73.00.

W.P. Carey Stock Performance

NYSE:WPC opened at $72.42 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.35. The firm has a 50-day moving average of $71.49 and a two-hundred day moving average of $68.92. The stock has a market cap of $16.13 billion, a P/E ratio of 30.95, a PEG ratio of 4.77 and a beta of 0.77. W.P. Carey Inc. has a 1-year low of $59.34 and a 1-year high of $75.69.

W.P. Carey (NYSE:WPC - Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 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 analysts' expectations of $430.64 million. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.The business's revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 EPS. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, research analysts expect 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 announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.93 per share. This is an increase from W.P. Carey's previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. This represents a $3.72 annualized dividend and a dividend yield of 5.1%. W.P. Carey's dividend payout ratio (DPR) is currently 158.97%.

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.

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