W.P. Carey Inc. $WPC Shares Sold by UBS Group AG

Key Points

• UBS Group AG trimmed its stake in W.P. Carey by 9.6%, selling 148,550 shares and leaving it with 1,398,432 shares (~0.64% of the company) valued at about $90.0M.
• W.P. Carey reported a strong quarter—$1.30 EPS vs. $0.61 expected and revenue of $454.5M (up 11.2% year-over-year)—and set FY 2026 guidance of 5.160–5.260 EPS (analysts average ~5.02).
• The company raised its quarterly dividend to $0.93 (annualized $3.72, ~5.1% yield), though the dividend payout ratio is high at 158.97%.

UBS Group AG decreased its stake in W.P. Carey Inc. (NYSE:WPC - Free Report) by 9.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,398,432 shares of the real estate investment trust's stock after selling 148,550 shares during the period. UBS Group AG owned approximately 0.64% of W.P. Carey worth $90,003,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WPC. Olistico Wealth LLC acquired a new position in W.P. Carey during the fourth quarter worth about $28,000. Headlands Technologies LLC acquired a new position in W.P. Carey during the second quarter worth about $30,000. Wealth Watch Advisors INC acquired a new position in W.P. Carey during the third quarter worth about $33,000. LGT Financial Advisors LLC acquired a new position in W.P. Carey during the third quarter worth about $34,000. Finally, Caitong International Asset Management Co. Ltd raised its position in W.P. Carey by 1,450.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 620 shares of the real estate investment trust's stock worth $42,000 after acquiring an additional 580 shares during the last quarter. Institutional investors and hedge funds own 73.73% of the company's stock.

W.P. Carey Stock Performance

NYSE:WPC opened at $72.61 on Friday. The firm has a 50 day simple moving average of $71.49 and a 200-day simple moving average of $68.91. 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 cap of $15.92 billion, a PE ratio of 31.03, a P/E/G ratio of 4.77 and a beta of 0.77. W.P. Carey Inc. has a 1-year low of $59.34 and a 1-year high of $75.69.

W.P. Carey (NYSE:WPC - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share 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%. The company's revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. On average, equities analysts expect that W.P. Carey Inc. will post 5.02 EPS for the current year.

W.P. Carey Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $0.93 dividend. This is a boost from W.P. Carey's previous quarterly dividend of $0.92. This represents a $3.72 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Tuesday, March 31st. W.P. Carey's dividend payout ratio (DPR) is presently 158.97%.

Analyst Ratings Changes

WPC has been the subject of a number of research reports. Barclays lifted their target price on shares of W.P. Carey from $68.00 to $72.00 and gave the stock an "underweight" rating in a research report on Tuesday, April 21st. Royal Bank Of Canada lifted their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a research report on Thursday. Weiss Ratings restated a "hold (c)" rating on shares of W.P. Carey in a research report on Wednesday, January 21st. Evercore set a $74.00 target price on shares of W.P. Carey in a research report on Tuesday, February 17th. Finally, Scotiabank lifted their target price on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a research report on Monday, March 2nd. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $72.40.

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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