W. P. Carey Inc (NYSE: WPC) is -14.06% lower on its value in year-to-date trading and has touched a low of $53.01 and a high of $67.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WPC stock was last observed hovering at around $55.41 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $55.70, the stock is -3.53% and -7.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 0.52% at the moment leaves the stock -3.81% off its SMA200. WPC registered 2.48% gain for a year compared to 6-month gain of -3.72%. The firm has a 50-day simple moving average (SMA 50) of $60.1698 and a 200-day simple moving average (SMA200) of $57.94505.
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The stock witnessed a -6.93% loss in the last 1 month and extending the period to 3 months gives it a -1.03%, and is -0.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.08% over the week and 1.84% over the month.
W. P. Carey Inc (WPC) has around 197 employees, a market worth around $12.19B and $1.59B in sales. Current P/E ratio is 21.96 and Fwd P/E is 24.98. Profit margin for the company is 35.12%. Distance from 52-week low is 5.07% and -17.36% from its 52-week high. The company has generated returns on investments over the last 12 months (3.35%).
The EPS is expected to shrink by -34.75% this year
1057.0 institutions hold shares in W. P. Carey Inc (WPC), with institutional investors hold 70.64% of the company’s shares. The shares outstanding are 218.67M, and float is at 216.10M with Short Float at 1.56%. Institutions hold 69.79% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.78 million shares valued at $1.69 billion. The investor’s holdings represent 13.9886 of the WPC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.79 million shares valued at $1.47 billion to account for 12.1754 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.05 million shares representing 5.4783 and valued at over $673.87 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.0208 of the shares totaling 4.45 million with a market value of $244.42 million.
W. P. Carey Inc (WPC) Insider Activity
The most recent transaction is an insider purchase by ALEXANDER MARK A, the company’s Director. SEC filings show that ALEXANDER MARK A bought 5,000 shares of the company’s common stock on Nov 01 ’24 at a price of $55.29 per share for a total of $0.28 million. Following the purchase, the insider now owns 45850.0 shares.
W. P. Carey Inc disclosed in a document filed with the SEC on Aug 16 ’24 that ALEXANDER MARK A (Director) bought a total of 2,000 shares of the company’s common stock. The trade occurred on Aug 16 ’24 and was made at $57.03 per share for $0.11 million. Following the transaction, the insider now directly holds 40124.0 shares of the WPC stock.
Still, SEC filings show that on Aug 09 ’24, ALEXANDER MARK A (Director) acquired 3,500 shares at an average price of $55.87 for $0.2 million. The insider now directly holds 38,124 shares of W. P. Carey Inc (WPC).
