Teacher Retirement System of Texas Boosts Stock Position in W.P. Carey Inc. $WPC

Key Points

• Teacher Retirement System of Texas boosted its stake in W.P. Carey by 208.8% in Q4, adding 59,916 shares to hold 88,609 shares valued at about $5.70 million, as institutional investors now own roughly 73.7% of the company.
• W.P. Carey beat Q4 estimates with $1.27 EPS and $444.6M revenue (up 9.6% YoY), raised its quarterly dividend to $0.93 (annualized $3.72, ~5.1% yield), and issued FY2026 guidance of $5.130–$5.230 versus analysts' ~5.02 EPS forecast.

Teacher Retirement System of Texas lifted its position in W.P. Carey Inc. (NYSE:WPC - Free Report) by 208.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,609 shares of the real estate investment trust's stock after purchasing an additional 59,916 shares during the quarter. Teacher Retirement System of Texas' holdings in W.P. Carey were worth $5,703,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookwood Investment Group LLC boosted its holdings in shares of W.P. Carey by 1.7% in the 4th quarter. Brookwood Investment Group LLC now owns 8,936 shares of the real estate investment trust's stock worth $575,000 after purchasing an additional 149 shares in the last quarter. Austin Private Wealth LLC lifted its stake in shares of W.P. Carey by 2.1% in the 3rd quarter. Austin Private Wealth LLC now owns 7,654 shares of the real estate investment trust's stock valued at $517,000 after acquiring an additional 161 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of W.P. Carey by 2.6% in the 3rd quarter. D.A. Davidson & CO. now owns 6,691 shares of the real estate investment trust's stock valued at $452,000 after acquiring an additional 169 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of W.P. Carey by 4.5% in the 3rd quarter. Fifth Third Bancorp now owns 4,157 shares of the real estate investment trust's stock valued at $281,000 after acquiring an additional 178 shares during the last quarter. Finally, Capital Investment Advisory Services LLC lifted its stake in shares of W.P. Carey by 2.2% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,829 shares of the real estate investment trust's stock valued at $568,000 after acquiring an additional 193 shares during the last quarter. 73.73% of the stock is currently owned by hedge funds and other institutional investors.

W.P. Carey Trading Up 0.1%

WPC opened at $73.21 on Monday. The business has a 50 day simple moving average of $71.52 and a two-hundred day simple moving average of $68.77. The firm has a market capitalization of $16.05 billion, a price-to-earnings ratio of 34.70, a PEG ratio of 4.81 and a beta of 0.78. 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 Inc. has a one year low of $59.34 and a one year high of $75.69.

W.P. Carey (NYSE:WPC - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, beating 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 business had revenue of $444.55 million during the quarter, compared to analyst estimates of $433.28 million. During the same quarter in the prior year, the company posted $1.21 EPS. W.P. Carey's quarterly 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. Analysts predict that W.P. Carey Inc. will post 5.02 EPS for the current year.

W.P. Carey Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $0.93 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.72 annualized dividend and a dividend yield of 5.1%. This is an increase from W.P. Carey's previous quarterly dividend of $0.92. W.P. Carey's dividend payout ratio is currently 176.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WPC shares. Royal Bank Of Canada boosted their target price on W.P. Carey from $70.00 to $72.00 and gave the company a "sector perform" rating in a research note on Thursday, February 12th. Barclays boosted their target price on W.P. Carey from $68.00 to $72.00 and gave the company an "underweight" rating in a research note on Tuesday, April 21st. Weiss Ratings reissued a "hold (c)" rating on shares of W.P. Carey in a research note on Wednesday, January 21st. Evercore set a $74.00 target price on W.P. Carey in a research note on Tuesday, February 17th. Finally, Raymond James Financial raised W.P. Carey from a "market perform" rating to an "outperform" rating and set a $76.00 target price for the company in a research note on Tuesday, March 17th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $72.30.

W.P. Carey Company 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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