W P Carey Inc (NYSE:WPC) Quarterly Sentiment Change Report

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Sentiment for W P Carey Inc (NYSE:WPC)

W P Carey Inc (NYSE:WPC) institutional sentiment increased to 1.11 in 2018 Q3. Its up 0.05, from 1.06 in 2018Q2. The ratio has improved, as 146 institutional investors opened new or increased positions, while 132 decreased and sold holdings in W P Carey Inc. The institutional investors in our partner’s database now possess: 48.86 million shares, down from 49.69 million shares in 2018Q2. Also, the number of institutional investors holding W P Carey Inc in their top 10 positions decreased from 2 to 0 for a decrease of 2. Sold All: 38 Reduced: 94 Increased: 105 New Position: 41.

W. P. Carey Inc. is an independent equity real estate investment trust. The company has market cap of $11.36 billion. The firm also provides long-term sale-leaseback and build-to-suit financing for companies. It has a 26.11 P/E ratio. It invests in the real estate markets across the globe.

The stock increased 0.61% or $0.43 during the last trading session, reaching $70.51. About 1.86M shares traded or 27.98% up from the average. W. P. Carey Inc. (NYSE:WPC) has declined 0.62% since December 11, 2017 and is downtrending. It has underperformed by 0.62% the S&P500.

Analysts await W. P. Carey Inc. (NYSE:WPC) to report earnings on February, 22. They expect $1.31 EPS, 0.00 % or $0.00 from last year’s $1.31 per share. WPC’s profit will be $211.00 million for 13.46 P/E if the $1.31 EPS becomes a reality. After $1.48 actual EPS reported by W. P. Carey Inc. for the previous quarter, Wall Street now forecasts -11.49 % negative EPS growth.

Rock Point Advisors Llc holds 3.51% of its portfolio in W. P. Carey Inc. for 122,714 shares. Gruss & Co Inc owns 50,277 shares or 3.19% of their US portfolio. Moreover, Pring Turner Capital Group Inc has 2.81% invested in the company for 34,040 shares. The New York-based Karpas Strategies Llc has invested 2.14% in the stock. A. D. Beadell Investment Counsel Inc., a Wisconsin-based fund reported 35,573 shares.

Since January 1, 0001, it had 2 insider purchases, and 0 sales for $403,290 activity.

W. P. Carey Inc. (NYSE:WPC) Ratings Coverage

Ratings analysis reveals 0 of W.P. Carey’s analysts are positive. Out of 2 Wall Street analysts rating W.P. Carey, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $66.25 while the high is $69. The stock’s average target of $67.63 is -4.08% below today’s ($70.51) share price. WPC was included in 2 notes of analysts from June 14, 2018. The firm earned “Underperform” rating on Monday, August 13 by Bank of America. Wells Fargo maintained the shares of WPC in report on Thursday, June 14 with “Market Perform” rating.

More important recent W. P. Carey Inc. (NYSE:WPC) news were published by: Bizjournals.com which released: “San Francisco real estate investor goes apartment shopping in SA again – San Antonio Business Journal” on November 26, 2018, also Fool.com published article titled: “3 Stocks to Buy and Hold for Decades – The Motley Fool”, Seekingalpha.com published: “REITs: The Only Asset Class That Will Deliver Required Returns (Part II) – Seeking Alpha” on December 03, 2018. More interesting news about W. P. Carey Inc. (NYSE:WPC) was released by: Nasdaq.com and their article: “Detailed Research: Economic Perspectives on The Western Union, Allscripts Healthcare Solutions, Terreno Realty, UnitedHealth Group, LendingClub, and WP Carey — What Drives Growth in Today’s Competitive Landscape – Nasdaq” with publication date: December 04, 2018.

W. P. Carey Inc. (NYSE:WPC) Institutional Positions Chart

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