Fulcrum Asset Management LLP Buys New Shares in W.P. Carey Inc. $WPC

Key Points

• Fulcrum Asset Management initiated a new position in W.P. Carey, acquiring 14,574 shares (~$938,000) in Q4; institutional investors now own 73.73% of the stock, with large increases from State Street, Massachusetts Financial Services and Invesco (Invesco added ~3.14M shares, +416.8%).
• W.P. Carey beat Q1 expectations with $1.30 EPS (vs. $0.61 est.) and revenue up 11.2% YoY, set FY2026 guidance of $5.16–$5.26 EPS, and raised its quarterly dividend to $0.93 (≈5.0% yield) despite a high payout ratio (~159%).

Fulcrum Asset Management LLP bought a new stake in shares of W.P. Carey Inc. (NYSE:WPC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 14,574 shares of the real estate investment trust's stock, valued at approximately $938,000.

A number of other institutional investors also recently modified their holdings of the stock. State Street Corp lifted its position in shares of W.P. Carey by 1.0% during the 3rd quarter. State Street Corp now owns 12,329,159 shares of the real estate investment trust's stock valued at $844,065,000 after acquiring an additional 119,817 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of 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 acquiring an additional 441,526 shares during the period. Invesco Ltd. lifted 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 period. Dimensional Fund Advisors LP lifted 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 period. Finally, Legal & General Group Plc lifted its position in shares of W.P. Carey by 0.7% during the 3rd quarter. Legal & General Group Plc now owns 2,570,295 shares of the real estate investment trust's stock valued at $173,675,000 after acquiring an additional 19,044 shares during the period. Institutional investors and hedge funds own 73.73% of the company's stock.

Insider Buying and Selling

In other W.P. Carey news, CAO Brian H. Zander sold 433 shares of the business's stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $74.00, for a total transaction of $32,042.00. Following the completion of the sale, the chief accounting officer owned 13,882 shares in the company, valued at approximately $1,027,268. The trade was a 3.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.98% of the company's stock.

W.P. Carey Stock Performance

Shares of WPC stock opened at $73.78 on Friday. The firm has a market capitalization of $16.43 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 3.17 and a beta of 0.77. The firm has a fifty day simple moving average of $71.53 and a two-hundred day simple moving average of $69.03. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 1.04. W.P. Carey Inc. has a 12 month low of $59.34 and a 12 month high of $75.69.

W.P. Carey (NYSE:WPC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.69. The business had revenue of $454.51 million during the quarter, compared to analyst estimates of $430.64 million. W.P. Carey had a net margin of 29.35% and a return on equity of 6.29%. W.P. Carey's quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 EPS. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Analysts forecast that W.P. Carey Inc. will post 5.02 EPS for the current fiscal year.

W.P. Carey Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.93 per share. This is a boost from W.P. Carey's previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. This represents a $3.72 dividend on an annualized basis and a yield of 5.0%. W.P. Carey's dividend payout ratio (DPR) is presently 158.97%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. UBS Group boosted their target price on shares of W.P. Carey from $68.00 to $75.00 and gave the company a "neutral" rating in a research report on Monday, March 9th. Scotiabank boosted their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the company a "sector perform" rating in a research report on Monday, March 2nd. Weiss Ratings upgraded shares of W.P. Carey from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. Royal Bank Of Canada boosted their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the company a "sector perform" rating in a research report on Thursday, April 30th. Finally, Evercore set a $74.00 target price on shares of W.P. Carey in a research report on Tuesday, February 17th. Four 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $73.00.

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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