W.P. Carey Inc Reit (NYSE:WPC) on Focus After Report of More Shorts

July 16, 2018 - By Margaret Guttierez

W. P. Carey Inc. (NYSE:WPC) Logo

Investors sentiment decreased to 1.4 in 2018 Q1. Its down 0.01, from 1.41 in 2017Q4. It worsened, as 35 investors sold W. P. Carey Inc. shares while 89 reduced holdings. 51 funds opened positions while 123 raised stakes. 50.15 million shares or 0.21% less from 50.26 million shares in 2017Q4 were reported.
Bnp Paribas Arbitrage has 23,158 shares for 0% of their portfolio. Moreover, Van Hulzen Asset Mngmt Limited Liability Corp has 0.1% invested in W. P. Carey Inc. (NYSE:WPC). Maple Mgmt Inc stated it has 0.37% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Evergreen Cap Management Limited Liability Com reported 4,601 shares or 0.03% of all its holdings. Royal Bancshares Of Canada reported 1.17M shares. Wells Fargo Company Mn has 499,806 shares. Frontier Ltd Liability has 0% invested in W. P. Carey Inc. (NYSE:WPC) for 930 shares. Mufg Americas Corp accumulated 500 shares. Geode Cap Mngmt Ltd Liability Com owns 943,334 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt reported 0.02% stake. Savings Bank Of Montreal Can owns 0% invested in W. P. Carey Inc. (NYSE:WPC) for 44,690 shares. Nelson Roberts Invest Advisors Ltd Company reported 78 shares stake. Joel Isaacson & Comm Limited holds 3,758 shares. Stellar Cap Mngmt owns 40,885 shares or 1.64% of their US portfolio. First National Bank & Trust Of Mount Dora Tru stated it has 0.16% of its portfolio in W. P. Carey Inc. (NYSE:WPC).

Since March 12, 2018, it had 2 insider purchases, and 1 sale for $334,181 activity. $40,865 worth of W. P. Carey Inc. (NYSE:WPC) was sold by Mahalingam Arjun. Farrell Peter bought 2,035 shares worth $125,926.

The stock of W.P. Carey Inc Reit (NYSE:WPC) registered an increase of 1.68% in short interest. WPC’s total short interest was 2.54M shares in July as published by FINRA. Its up 1.68% from 2.50M shares, reported previously. With 339,200 shares average volume, it will take short sellers 8 days to cover their WPC’s short positions. The short interest to W.P. Carey Inc Reit’s float is 2.43%.

The stock decreased 1.02% or $0.68 during the last trading session, reaching $66.1. About 272,888 shares traded. W. P. Carey Inc. (NYSE:WPC) has risen 1.26% since July 16, 2017 and is uptrending. It has underperformed by 11.31% the S&P500.

W. P. Carey Inc. is a leading internally-managed net lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions primarily for companies in the U.S. and Europe. The company has market cap of $7.09 billion. At September 30, 2017, the Company had an enterprise value of approximately $11.4 billion. It has a 25.13 P/E ratio. In addition to its owned portfolio of diversified global real estate, W.

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

Among 2 analysts covering WP Carey & Co Llc (NYSE:WPC), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. WP Carey & Co Llc had 2 analyst reports since February 27, 2018 according to SRatingsIntel. Wells Fargo maintained it with “Market Perform” rating and $69 target in Thursday, June 14 report. The firm has “Hold” rating given on Tuesday, February 27 by Evercore.

More recent W. P. Carey Inc. (NYSE:WPC) news were published by: Globenewswire.com which released: “Research Report Identifies ChromaDex, WP Carey, Rambus, Dynex Capital, Home BancShares, and Granite …” on June 19, 2018. Also Forbes.com published the news titled: “These REIT Dividends Are Like Everlasting Gobstoppers” on July 13, 2018. Seekingalpha.com‘s news article titled: “CPA-17: Overhyped Deal” with publication date: June 20, 2018 was also an interesting one.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.