W.P. CareyWPC Market cap $13.2B
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 Q2 SEC filings by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $62.6M | Put options by funds: $40.9M
12% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 74
1% more funds holding
Funds holding: 757 [Q1] → 766 (+9) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
2.37% less ownership
Funds ownership: 70.03% [Q1] → 67.66% (-2.37%) [Q2]
6% less capital invested
Capital invested by funds: $8.66B [Q1] → $8.16B (-$498M) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 299
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Conor Siversky 100% 1-year accuracy 2 / 2 met price target | 5%upside $63 | Equal-Weight Assumed | 1 Oct 2024 |
Evercore ISI Group Steve Sakwa 51% 1-year accuracy 28 / 55 met price target | 10%upside $66 | In-Line Maintained | 16 Sept 2024 |
Evercore ISI Group Steve Sakwa 51% 1-year accuracy 28 / 55 met price target | 5%upside $63 | In-Line Maintained | 28 Aug 2024 |
Wells Fargo James Feldman 63% 1-year accuracy 10 / 16 met price target | 3%upside $62 | Equal-Weight Maintained | 26 Aug 2024 |
Scotiabank Nicholas Yulico 58% 1-year accuracy 15 / 26 met price target | 0%downside $60 | Sector Perform Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 39 articles about WPC published over the past 30 days