Recent Research Analysts’ Ratings Updates for W. P. Carey (WPC)

W. P. Carey (NYSE: WPC) recently received a number of ratings updates from brokerages and research firms:

• 2/19/2025 – W. P. Carey had its price target raised by analysts at Evercore ISI from $60.00 to $64.00. They now have an “in-line” rating on the stock.
• 2/18/2025 – W. P. Carey was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating. They now have a $67.00 price target on the stock, up previously from $60.00.
• 2/13/2025 – W. P. Carey had its price target raised by analysts at Royal Bank of Canada from $61.00 to $62.00. They now have an “outperform” rating on the stock.
• 2/13/2025 – W. P. Carey had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 2/4/2025 – W. P. Carey had its price target lowered by analysts at Barclays PLC from $59.00 to $56.00. They now have an “underweight” rating on the stock.
• 1/16/2025 – W. P. Carey had its price target lowered by analysts at Scotiabank from $60.00 to $59.00. They now have a “sector perform” rating on the stock.
• 1/10/2025 – W. P. Carey had its “market perform” rating reaffirmed by analysts at JMP Securities.

W. P. Carey Stock Up 1.9 %

WPC stock opened at $62.79 on Tuesday. The stock has a market cap of $13.74 billion, a P/E ratio of 30.04, a PEG ratio of 1.06 and a beta of 0.97. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.95. W. P. Carey Inc. has a twelve month low of $52.91 and a twelve month high of $64.26. The company’s 50 day moving average is $55.99 and its two-hundred day moving average is $57.74.

W. P. Carey Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.88 per share. This is a positive change from W. P. Carey’s previous quarterly dividend of $0.88. This represents a $3.52 annualized dividend and a yield of 5.61%. The ex-dividend date was Tuesday, December 31st. W. P. Carey’s dividend payout ratio (DPR) is currently 168.42%.

Hedge Funds Weigh In On W. P. Carey

Large investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of W. P. Carey in the 4th quarter valued at about $139,381,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in W. P. Carey by 660.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,054,080 shares of the real estate investment trust’s stock valued at $127,969,000 after buying an additional 1,784,131 shares during the last quarter. Demars Financial Group LLC boosted its holdings in shares of W. P. Carey by 10,001.1% in the fourth quarter. Demars Financial Group LLC now owns 998,292 shares of the real estate investment trust’s stock valued at $54,387,000 after acquiring an additional 988,409 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of W. P. Carey by 29.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,022,953 shares of the real estate investment trust’s stock worth $219,170,000 after acquiring an additional 906,622 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of W. P. Carey by 40.3% during the fourth quarter. Northern Trust Corp now owns 2,641,229 shares of the real estate investment trust’s stock worth $143,894,000 after acquiring an additional 758,627 shares during the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.

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.