Geneos Wealth Management Inc. Sells 15,561 Shares of W.P. Carey Inc. $WPC

Key Points

• Geneos Wealth Management Inc. trimmed its stake in W.P. Carey by 5.5% in Q4, selling 15,561 shares and ending the period with 267,504 shares worth about $17.22 million (0.12% of the company).
• W.P. Carey beat quarterly estimates with $1.27 EPS (vs. $1.25 expected) and $444.6M revenue (up 9.6% YoY) and set FY2026 guidance of $5.13–$5.23 per share (analysts average 5.02).
• The REIT raised its quarterly dividend to $0.93 (annualized $3.72) for roughly a 5.0% yield

Geneos Wealth Management Inc. lessened its holdings in shares of W.P. Carey Inc. (NYSE:WPC - Free Report) by 5.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 267,504 shares of the real estate investment trust's stock after selling 15,561 shares during the period. Geneos Wealth Management Inc. owned 0.12% of W.P. Carey worth $17,217,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in WPC. Invesco Ltd. grew its holdings in shares of W.P. Carey by 416.8% during the third quarter. Invesco Ltd. now owns 3,892,462 shares of the real estate investment trust's stock worth $263,014,000 after purchasing an additional 3,139,266 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of W.P. Carey by 1,183.6% during the third quarter. Wellington Management Group LLP now owns 1,130,402 shares of the real estate investment trust's stock worth $76,381,000 after purchasing an additional 1,042,334 shares during the last quarter. Captrust Financial Advisors boosted its holdings in W.P. Carey by 2,712.0% in the second quarter. Captrust Financial Advisors now owns 771,534 shares of the real estate investment trust's stock valued at $48,128,000 after acquiring an additional 744,097 shares during the last quarter. Barclays PLC boosted its holdings in W.P. Carey by 331.0% in the third quarter. Barclays PLC now owns 861,430 shares of the real estate investment trust's stock valued at $58,207,000 after acquiring an additional 661,572 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its holdings in W.P. Carey by 165.6% in the second quarter. Balyasny Asset Management L.P. now owns 830,543 shares of the real estate investment trust's stock valued at $51,809,000 after acquiring an additional 517,855 shares during the last quarter. Institutional investors own 73.73% of the company's stock.

W.P. Carey Price Performance

Shares of WPC opened at $73.76 on Friday. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 1.02. W.P. Carey Inc. has a 1 year low of $59.34 and a 1 year high of $75.69. The stock has a market cap of $16.17 billion, a P/E ratio of 34.96, a price-to-earnings-growth ratio of 4.79 and a beta of 0.78. The stock's 50-day moving average price is $71.53 and its two-hundred day moving average price is $68.72.

W.P. Carey (NYSE:WPC - Get Free Report) last issued its earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $444.55 million for the quarter, compared to analysts' expectations of $433.28 million. During the same quarter last year, the business earned $1.21 earnings per share. The company's revenue 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. On average, equities analysts predict that W.P. Carey Inc. will post 5.02 earnings per share for the current year.

W.P. Carey Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 5.0%. This is an increase from W.P. Carey's previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. W.P. Carey's dividend payout ratio (DPR) is 176.30%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WPC shares. Citigroup boosted their price objective on W.P. Carey from $60.00 to $69.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. Scotiabank boosted their price objective 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. Weiss Ratings reissued a "hold (c)" rating on shares of W.P. Carey in a report on Wednesday, January 21st. UBS Group boosted their price objective on W.P. Carey from $68.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, March 9th. Finally, Royal Bank Of Canada boosted their price objective on 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 assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $72.30.

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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