W.P. Carey Inc Reit (NYSE:WPC)’s Stock Is Sell After More Market Selling

June 15, 2018 - By reb123z

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

Investors sentiment decreased to 1.4 in Q1 2018. 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.
Strs Ohio reported 153,804 shares. 19,476 are owned by Sg Americas Secs Ltd Liability Corporation. Fort Washington Investment Advisors Oh invested in 9,227 shares or 0.01% of the stock. Morgan Stanley has invested 0.01% in W. P. Carey Inc. (NYSE:WPC). Karpus Management, New York-based fund reported 3,889 shares. Evergreen Mngmt Ltd holds 0.03% in W. P. Carey Inc. (NYSE:WPC) or 4,601 shares. Hsbc Public Ltd Limited Liability Company holds 0% or 12,254 shares. Paloma Ptnrs Mngmt holds 5,767 shares or 0.01% of its portfolio. Eii Mngmt Inc has 0.48% invested in W. P. Carey Inc. (NYSE:WPC). Mackay Shields Lc stated it has 101,464 shares or 0.04% of all its holdings. Stratos Wealth Partners reported 9,039 shares. Metropolitan Life Ins Ny reported 8,804 shares. Pinnacle Prtnrs invested 0.06% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Sigma Planning stated it has 13,359 shares. Commonwealth Bank & Trust Of Australia holds 2,700 shares.

Since March 12, 2018, it had 2 insider buys, and 1 sale for $334,181 activity. Shares for $249,120 were bought by Niehaus Christopher. Another trade for 2,035 shares valued at $125,926 was made by Farrell Peter on Monday, March 12.

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 2.54 million shares in June as published by FINRA. Its up 1.68% from 2.50 million 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 increased 0.49% or $0.33 during the last trading session, reaching $67.3. About 88,271 shares traded. W. P. Carey Inc. (NYSE:WPC) has risen 1.26% since June 15, 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 $7.21 billion. At September 30, 2017, the Company had an enterprise value of approximately $11.4 billion. It has a 26.29 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. The firm earned “Hold” rating on Tuesday, February 27 by Evercore. As per Thursday, June 14, the company rating was maintained by Wells Fargo.

More notable recent W. P. Carey Inc. (NYSE:WPC) news were published by: Streetinsider.com which released: “WP Carey (WPC) Raises Quarterly Dividend 0.5% to $1.020; 6.1% Yield” on June 14, 2018, also Fool.com with their article: “3 Top Dividend Stocks to Buy in May” published on May 24, 2018, Seekingalpha.com published: “WP Carey: This 6.3%-Yielding REIT Remains A Strong Buy” on May 23, 2018. More interesting news about W. P. Carey Inc. (NYSE:WPC) were released by: Fool.com and their article: “Why I Chose to Buy This High-Yield Dividend Stock” published on June 06, 2018 as well as Fool.com‘s news article titled: “4 Stocks to Buy With Dividends Yielding More Than 4%” with publication date: May 29, 2018.

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

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