Pictet Asset Management Holding SA Raises Stock Holdings in W.P. Carey Inc. $WPC

Key Points

• Pictet Asset Management boosted its stake in W.P. Carey by 42.2% in Q4, adding 84,903 shares to hold 286,333 shares (about 0.13% of the company) valued at roughly $18.43 million, as institutional investors own about 73.7% of the stock.
• W.P. Carey topped quarterly estimates with EPS $1.30 vs. $0.61 expected and revenue of $454.5M (up 11.2% YoY), and set FY2026 guidance of $5.160–$5.260 EPS.
• The firm raised its quarterly dividend to $0.93 ($3.72 annual, ~5.1% yield), though the payout ratio is high at about 159%.

Pictet Asset Management Holding SA boosted its stake in shares of W.P. Carey Inc. (NYSE:WPC - Free Report) by 42.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 286,333 shares of the real estate investment trust's stock after purchasing an additional 84,903 shares during the quarter. Pictet Asset Management Holding SA owned about 0.13% of W.P. Carey worth $18,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Invesco Ltd. grew its position in shares of W.P. Carey by 1.6% in the 2nd quarter. Invesco Ltd. now owns 753,196 shares of the real estate investment trust's stock worth $46,984,000 after buying an additional 11,635 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in W.P. Carey in the second quarter valued at approximately $115,000. Bank of Nova Scotia boosted its stake in W.P. Carey by 7.3% in the second quarter. Bank of Nova Scotia now owns 8,164 shares of the real estate investment trust's stock valued at $509,000 after acquiring an additional 555 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in W.P. Carey in the second quarter worth $3,494,000. Finally, Sei Investments Co. increased its position in shares of W.P. Carey by 73.0% during the second quarter. Sei Investments Co. now owns 96,983 shares of the real estate investment trust's stock worth $6,050,000 after purchasing an additional 40,908 shares in the last quarter. 73.73% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

WPC has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price objective on W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a research report on Thursday. Citigroup increased their price target on W.P. Carey from $60.00 to $69.00 and gave the company a "neutral" rating in a research note on Wednesday, January 14th. Weiss Ratings reissued a "hold (c)" rating on shares of W.P. Carey in a report on Wednesday, January 21st. Raymond James Financial upgraded shares of W.P. Carey from a "market perform" rating to an "outperform" rating and set a $76.00 price objective on the stock in a report on Tuesday, March 17th. Finally, Evercore set a $74.00 price objective on shares of W.P. Carey in a research report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $72.40.

W.P. Carey Stock Performance

Shares of WPC stock opened at $72.61 on Friday. The business has a fifty day moving average of $71.49 and a 200 day moving average of $68.90. W.P. Carey Inc. has a 1 year low of $59.34 and a 1 year high of $75.69. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.14. The firm has a market capitalization of $15.92 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 4.79 and a beta of 0.77.

W.P. Carey (NYSE:WPC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.69. W.P. Carey had a return on equity of 6.29% and a net margin of 29.35%.The business had revenue of $454.51 million for the quarter, compared to the consensus estimate of $430.64 million. During the same quarter in the previous year, the business earned $1.17 EPS. The company's quarterly revenue was up 11.2% compared to the same quarter last year. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. As a group, research analysts expect that W.P. Carey Inc. will post 5.02 earnings per share for the current 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 given a dividend of $0.93 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.72 dividend on an annualized basis and a yield of 5.1%. This is a boost from W.P. Carey's previous quarterly dividend of $0.92. W.P. Carey's payout ratio is 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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