Swiss National Bank Lowers Position in W.P. Carey Inc. $WPC

Key Points

• Swiss National Bank trimmed its W.P. Carey stake by 4.8% in Q3, selling 31,700 shares and now holds 631,151 shares (~0.29%) valued at about $42.65 million.
• W.P. Carey posted an earnings beat (Q EPS $1.27 vs. $1.25) with revenue up 9.6% YoY to $444.6M, set FY2026 EPS guidance of 5.130–5.230, and raised its quarterly dividend to $0.93 (annualized $3.72, ~5.2% yield).
• Analysts are mostly cautious — consensus rating is Hold with an average target of $71.11 (two Buys, seven Holds, one Sell and price targets ranging roughly $60–$79).

Swiss National Bank trimmed its holdings in shares of W.P. Carey Inc. (NYSE:WPC - Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 631,151 shares of the real estate investment trust's stock after selling 31,700 shares during the quarter. Swiss National Bank owned about 0.29% of W.P. Carey worth $42,647,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. MTM Investment Management LLC bought a new stake in shares of W.P. Carey during the 2nd quarter valued at about $28,000. Headlands Technologies LLC bought a new position in shares of W.P. Carey in the second quarter worth approximately $30,000. Salem Investment Counselors Inc. raised its stake in W.P. Carey by 1,126.0% in the third quarter. Salem Investment Counselors Inc. now owns 613 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 563 shares in the last quarter. Clearstead Advisors LLC raised its stake in W.P. Carey by 73.2% in the third quarter. Clearstead Advisors LLC now owns 646 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 273 shares in the last quarter. Finally, True Wealth Design LLC lifted its position in W.P. Carey by 74.4% during the third quarter. True Wealth Design LLC now owns 661 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 282 shares during the last quarter. 73.73% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on WPC. UBS Group boosted their price target on shares of W.P. Carey from $68.00 to $75.00 and gave the stock a "neutral" rating in a research note on Monday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of W.P. Carey in a report on Wednesday, January 21st. JPMorgan Chase & Co. cut their target price on shares of W.P. Carey from $79.00 to $74.00 and set an "overweight" rating for the company in a research report on Tuesday, December 9th. Citigroup increased their target price 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. Finally, Evercore set a $74.00 price target on W.P. Carey in a research report on Tuesday, February 17th. Two equities research 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $71.11.

W.P. Carey Stock Up 0.3%

Shares of NYSE WPC opened at $71.69 on Friday. The stock has a market capitalization of $15.71 billion, a P/E ratio of 33.97, a PEG ratio of 4.87 and a beta of 0.76. W.P. Carey Inc. has a one year low of $54.24 and a one year high of $75.69. The firm's 50 day simple moving average is $70.55 and its two-hundred day simple moving average is $68.10. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.14 and a quick ratio of 0.14.

W.P. Carey (NYSE:WPC - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.02. W.P. Carey had a net margin of 27.17% and a return on equity of 5.67%. The firm had revenue of $444.55 million during the quarter, compared to analyst estimates of $433.28 million. During the same period in the previous year, the business posted $1.21 EPS. The business's quarterly revenue was up 9.6% on a year-over-year basis. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, analysts expect that W.P. Carey Inc. will post 4.87 EPS for the current fiscal year.

W.P. Carey Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.93 dividend. This is a boost from W.P. Carey's previous quarterly dividend of $0.92. This represents a $3.72 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, March 31st. W.P. Carey's payout ratio is presently 174.41%.

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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