Representative Lisa C. McClain (R-Michigan) recently sold shares of W.P. Carey Inc. NYSE: WPC. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.P. Carey stock on July 16th.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
W.P. Carey Trading Down 0.1%
WPC traded down $0.04 on Friday, reaching $65.14. 1,301,322 shares of the company traded hands, compared to its average volume of 1,242,049. W.P. Carey Inc. has a one year low of $52.91 and a one year high of $66.64. The firm has a fifty day simple moving average of $63.60 and a two-hundred day simple moving average of $61.75. The company has a market cap of $14.27 billion, a P/E ratio of 42.86, a price-to-earnings-growth ratio of 9.60 and a beta of 0.78. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.97.
W.P. Carey (NYSE:WPC - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.05. W.P. Carey had a net margin of 20.42% and a return on equity of 4.00%. The firm had revenue of $430.78 million for the quarter, compared to the consensus estimate of $420.99 million. During the same quarter in the previous year, the firm earned $1.17 EPS. The company's quarterly revenue was up 10.5% compared to the same quarter last year. As a group, equities research analysts expect that W.P. Carey Inc. will post 4.87 earnings per share for the current year.
W.P. Carey Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Monday, June 30th. This is a positive change from W.P. Carey's previous quarterly dividend of $0.89. W.P. Carey's dividend payout ratio (DPR) is 236.84%.
Hedge Funds Weigh In On W.P. Carey
Large investors have recently made changes to their positions in the company. IAG Wealth Partners LLC lifted its stake in W.P. Carey by 7.0% during the first quarter. IAG Wealth Partners LLC now owns 2,495 shares of the real estate investment trust's stock worth $157,000 after purchasing an additional 163 shares during the last quarter. GF Fund Management CO. LTD. grew its holdings in W.P. Carey by 4.2% during the first quarter. GF Fund Management CO. LTD. now owns 4,145 shares of the real estate investment trust's stock worth $262,000 after acquiring an additional 168 shares during the period. Griffin Asset Management Inc. grew its holdings in W.P. Carey by 0.6% during the second quarter. Griffin Asset Management Inc. now owns 32,236 shares of the real estate investment trust's stock worth $2,011,000 after acquiring an additional 178 shares during the period. BridgePort Financial Solutions LLC increased its stake in W.P. Carey by 0.6% in the 2nd quarter. BridgePort Financial Solutions LLC now owns 28,681 shares of the real estate investment trust's stock worth $1,789,000 after purchasing an additional 180 shares in the last quarter. Finally, Cooper Financial Group increased its stake in W.P. Carey by 1.5% in the 2nd quarter. Cooper Financial Group now owns 12,005 shares of the real estate investment trust's stock worth $749,000 after purchasing an additional 181 shares in the last quarter. 73.73% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have weighed in on the stock. BNP Paribas Exane raised shares of W.P. Carey from an "underperform" rating to a "neutral" rating and set a $66.00 target price on the stock in a research report on Monday, June 9th. Royal Bank Of Canada lifted their price objective on shares of W.P. Carey from $66.00 to $67.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. UBS Group lifted their price objective on shares of W.P. Carey from $63.00 to $66.00 and gave the company a "neutral" rating in a research note on Friday. BNP Paribas set a $66.00 price objective on shares of W.P. Carey and gave the company a "neutral" rating in a research note on Monday, June 9th. Finally, Evercore ISI lifted their price objective on shares of W.P. Carey from $65.00 to $66.00 and gave the company an "in-line" rating in a research note on Wednesday, July 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $65.33.
Check Out Our Latest Analysis on WPC
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
W.P. Carey Company Profile
(
Get Free Report)
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,424 net lease properties covering approximately 173 million square feet and a portfolio of 89 self-storage operating properties as of December 31, 2023.
Further Reading
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