W.P. Carey (WPC)

• Market cap: $12.2B
• 1 day: 0.45%
• 5 days: 3.51%
• 1 month: -1.01%
• 3 months: -5.92%
• 6 months: -7.08%
• Year to date: 2.76%
• 1 year: -15.53%
• 5 years: -32.90%
• 10 years: -22.41%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. most of the company's revenue comes from properties in the USA. The company's Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.

Employees: 197

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]

50% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 60

22% more call options, than puts

Call options by funds: $66.1M | Put options by funds: $54.2M

9% more capital invested

Capital invested by funds: $8.34B [Q2] → $9.08B (+$746M) [Q3]

2% more funds holding

Funds holding: 770 [Q2] → 783 (+13) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 272 | Existing positions reduced: 295

2.36% less ownership

Funds ownership: 69.13% [Q2] → 66.77% (-2.36%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $59 6% upside
• Avg. target: $59 6% upside
• High target: $60 8% upside

3 analyst ratings

• positive: 0 0%
• neutral: 2 67%
• negative: 1 33%

Scotiabank Nicholas Yulico 42% 1-year accuracy 15 / 36 met price target	6% upside $59	Sector Perform Maintained	16 Jan 2025
Barclays Rich Hightower 0 / 0 met price target	6% upside $59	Underweight Assumed	17 Dec 2024
UBS Michael Goldsmith 40% 1-year accuracy 6 / 15 met price target	8% upside $60	Neutral Maintained	14 Nov 2024