W.P. Carey Inc. $WPC Stock: Asset Management One Co. Ltd. Boosts Position

Key Points

• Asset Management One increased its W.P. Carey stake by 6.9% in the third quarter, bringing its holdings to 466,145 shares valued at about $30.1 million. Institutional investors collectively own 73.73% of the REIT.
• W.P. Carey shares opened at $63.05, near their 12-month low of $62.19 and below both the 50-day and 200-day moving averages. The stock offers a quarterly dividend of $0.95, or $3.80 annually, representing an approximately 6.0% yield.
• Quarterly revenue rose 8.6% year over year to $468.3 million, exceeding estimates, but EPS of $0.61 missed the $0.70 consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $77.36.

Asset Management One Co. Ltd. lifted its stake in shares of W.P. Carey Inc. (NYSE:WPC - Free Report) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 466,145 shares of the real estate investment trust's stock after buying an additional 30,022 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.20% of W.P. Carey worth $30,127,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of W.P. Carey during the 2nd quarter valued at approximately $2,371,801,000. Legal & General Group Plc bought a new position in W.P. Carey in the second quarter worth about $189,315,000. Bank of New York Mellon Corp acquired a new stake in shares of W.P. Carey during the 2nd quarter worth approximately $164,853,000. Bank of America Corp DE bought a new stake in shares of W.P. Carey in the 2nd quarter worth approximately $128,034,000. Finally, Deutsche Bank AG bought a new stake in shares of W.P. Carey in the 2nd quarter worth approximately $127,824,000. Institutional investors own 73.73% of the company's stock.

W.P. Carey Trading Down 0.7%

Shares of NYSE:WPC opened at $63.05 on Thursday. The company has a 50 day moving average of $66.86 and a 200-day moving average of $70.83. The firm has a market cap of $14.37 billion, a P/E ratio of 21.52, a P/E/G ratio of 3.23 and a beta of 0.75. W.P. Carey Inc. has a twelve month low of $62.19 and a twelve month high of $77.22. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 1.01.

W.P. Carey (NYSE:WPC - Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.09). W.P. Carey had a return on equity of 7.81% and a net margin of 36.34%. The business had revenue of $468.30 million during the quarter, compared to the consensus estimate of $457.57 million. During the same quarter last year, the firm posted $1.25 earnings per share. W.P. Carey's revenue was up 8.6% compared to the same quarter last year. As a group, analysts anticipate that W.P. Carey Inc. will post 5.07 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 6.0%. This is a boost from W.P. Carey's previous quarterly dividend of $0.94. The ex-dividend date was Wednesday, September 30th. W.P. Carey's dividend payout ratio is 129.69%.

Key Stories Impacting W.P. Carey

Here are the key news stories impacting W.P. Carey this week:

• Positive Sentiment: W.P. Carey reported third-quarter revenue of $468.3 million, up 8.6% year over year and ahead of the approximately $457.6 million analyst estimate. Revenue earnings flash
• Positive Sentiment: Adjusted funds from operations (FFO) came in at $1.33 per share, above the $1.30 consensus estimate and up from $1.25 a year earlier, indicating resilient recurring real-estate cash flow. FFO and revenue estimates
• Positive Sentiment: Management raised 2026 guidance after continued investment activity, while the company maintains high occupancy, CPI-linked leases and an approximately 5.9% dividend yield. An analyst argues that the recent selloff has improved valuation to roughly 12 times expected 2026 AFFO and supports a stronger long-term investment case. W.P. Carey valuation analysis
• Neutral Sentiment: W.P. Carey expects full-year 2026 adjusted FFO of $5.23 to $5.29 per share, essentially surrounding the $5.26 consensus estimate. The outlook is steady rather than a major upside surprise. 2026 adjusted FFO guidance
• Negative Sentiment: Reported EPS was $0.61, below the $0.70 analyst estimate and sharply lower than $1.25 in the year-ago quarter. Although revenue and FFO were strong, the GAAP earnings shortfall likely drove investor caution. W.P. Carey earnings report

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Evercore set a $75.00 target price on W.P. Carey in a research report on Monday, September 21st. BMO Capital Markets reiterated an "outperform" rating on shares of W.P. Carey in a research note on Wednesday. Royal Bank Of Canada boosted their price target on shares of W.P. Carey from $73.00 to $77.00 and gave the company a "sector perform" rating in a report on Thursday, July 30th. Scotiabank lowered their price target on shares of W.P. Carey from $76.00 to $68.00 and set a "sector perform" rating for the company in a research report on Thursday, September 24th. Finally, Benchmark started coverage on shares of W.P. Carey in a research report on Tuesday, September 22nd. They set a "buy" rating for the company. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, W.P. Carey presently has a consensus rating of "Moderate Buy" and a consensus price target of $77.36.

W.P. Carey Company Profile

W.P. Carey Inc NYSE: WPC is a real estate investment trust specializing in the ownership and management of commercial properties under long-term, net lease agreements. In a net lease arrangement, tenants generally assume responsibility for property taxes, insurance and maintenance, allowing W.P. Carey to generate rental income with relatively predictable operating expenses.

The company's portfolio is diversified across industrial, warehouse, retail, self-storage and other commercial properties.

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