W.P. Carey Inc. $WPC Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its position in shares of W.P. Carey Inc. (NYSE:WPC) by 2.8% in the fourth quarter, HoldingsChannel reports. The firm owned 399,948 shares of the real estate investment trust’s stock after acquiring an additional 11,035 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in W.P. Carey were worth $25,741,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of W.P. Carey in the fourth quarter valued at approximately $25,000. Olistico Wealth LLC acquired a new position in shares of W.P. Carey during the fourth quarter worth approximately $28,000. Headlands Technologies LLC bought a new position in W.P. Carey in the 2nd quarter worth approximately $30,000. Wealth Watch Advisors INC bought a new position in W.P. Carey in the 3rd quarter worth approximately $33,000. Finally, LGT Financial Advisors LLC acquired a new stake in W.P. Carey in the 3rd quarter valued at approximately $34,000. Institutional investors own 73.73% of the company’s stock.

Wall Street Analyst Weigh In

WPC has been the topic of several recent analyst reports. Raymond James Financial raised W.P. Carey from a “market perform” rating to an “outperform” rating and set a $76.00 target price on the stock in a research note on Tuesday, March 17th. Barclays lifted their price objective on shares of W.P. Carey from $72.00 to $78.00 and gave the company an “underweight” rating in a research note on Tuesday, May 19th. Wells Fargo & Company raised their target price on shares of W.P. Carey from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Monday. Royal Bank Of Canada upped their price target on shares of W.P. Carey from $72.00 to $73.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, UBS Group raised their price objective on shares of W.P. Carey from $68.00 to $75.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $75.00.

W.P. Carey Stock Down 2.2%

NYSE WPC opened at $72.79 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.35 and a quick ratio of 0.35. The company’s 50 day simple moving average is $72.14 and its 200 day simple moving average is $69.91. W.P. Carey Inc. has a 12 month low of $61.09 and a 12 month high of $75.69. The company has a market capitalization of $16.21 billion, a P/E ratio of 31.11, a PEG ratio of 3.20 and a beta of 0.76.

W.P. Carey (NYSE:WPC) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.69. The firm had revenue of $454.51 million during the quarter, compared to analysts’ expectations of $430.64 million. W.P. Carey had a net margin of 29.35% and a return on equity of 6.29%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the firm posted $1.17 earnings per share. W.P. Carey has set its FY 2026 guidance at 5.160-5.260 EPS. Equities research analysts expect that W.P. Carey Inc. will post 5.02 earnings per share for the current fiscal year.

W.P. Carey Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.93 per share. 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 a boost from W.P. Carey’s previous quarterly dividend of $0.92. W.P. Carey’s dividend payout ratio is 158.97%.

Insider Activity

In other news, CAO Brian H. Zander sold 433 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $74.00, for a total transaction of $32,042.00. Following the sale, the chief accounting officer directly owned 13,882 shares of the company’s stock, valued at $1,027,268. The trade was a 3.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.98% of the stock is owned by insiders.

About W.P. Carey

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.