Does W. P. Carey Inc. (WPC) Have Any Gas After Today’s Huge Decline?

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

Investors sentiment increased to 1.57 in Q2 2019. Its up 0.22, from 1.35 in 2019Q1. It improved, as 25 investors sold W. P. Carey Inc. shares while 102 reduced holdings. 57 funds opened positions while 143 raised stakes. 88.70 million shares or 4.96% more from 84.50 million shares in 2019Q1 were reported.
Carret Asset Lc reported 0.04% stake. Private Advisor Grp Incorporated Limited Com stated it has 93,293 shares. Evanson Asset Mngmt Ltd holds 0.06% of its portfolio in W. P. Carey Inc. (NYSE:WPC) for 3,670 shares. Ww Asset Mngmt accumulated 0.03% or 7,020 shares. Moreover, Investment Advisors Ltd Llc has 0.01% invested in W. P. Carey Inc. (NYSE:WPC). Us Retail Bank De has invested 0.01% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Virtu Financial Limited Liability Corporation owns 5,664 shares or 0.03% of their US portfolio. Winslow Evans Crocker stated it has 0.16% of its portfolio in W. P. Carey Inc. (NYSE:WPC). State Street owns 0.04% invested in W. P. Carey Inc. (NYSE:WPC) for 7.03 million shares. Caisse De Depot Et Placement Du Quebec holds 0% of its portfolio in W. P. Carey Inc. (NYSE:WPC) for 9,400 shares. Argent Tru invested 0.02% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Oppenheimer & Company invested in 3,185 shares. Qci Asset Mngmt accumulated 0.01% or 1,017 shares. Bp Public Ltd Liability holds 0.05% of its portfolio in W. P. Carey Inc. (NYSE:WPC) for 16,000 shares. Endurance Wealth Mgmt has invested 0% in W. P. Carey Inc. (NYSE:WPC).

The stock of W. P. Carey Inc. (NYSE:WPC) is a huge mover today! The stock decreased 2.64% or $2.34 during the last trading session, reaching $86.38. About 425,217 shares traded. W. P. Carey Inc. (NYSE:WPC) has risen 33.84% since September 13, 2018 and is uptrending. It has outperformed by 33.84% the S&P500.
The move comes after 9 months negative chart setup for the $14.75B company. It was reported on Sep, 13 by Barchart.com. We have $81.20 PT which if reached, will make NYSE:WPC worth $885.18 million less.

Analysts await W. P. Carey Inc. (NYSE:WPC) to report earnings on November, 1. They expect $1.26 EPS, down 14.86 % or $0.22 from last year’s $1.48 per share. WPC’s profit will be $215.20M for 17.14 P/E if the $1.26 EPS becomes a reality. After $1.22 actual EPS reported by W. P. Carey Inc. for the previous quarter, Wall Street now forecasts 3.28 % EPS growth.

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

Among 3 analysts covering W.P. Carey (NYSE:WPC), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. W.P. Carey has $8100 highest and $78 lowest target. $79’s average target is -8.54% below currents $86.38 stock price. W.P. Carey had 4 analyst reports since March 26, 2019 according to SRatingsIntel. On Tuesday, March 26 the stock rating was initiated by MUFG Securities Americas Inc with “Hold”. As per Friday, June 7, the company rating was upgraded by Citigroup.

More notable recent W. P. Carey Inc. (NYSE:WPC) news were published by: Seekingalpha.com which released: “The Retiree’s Dividend Portfolio – Jane’s July Update: What Does Volatility Look Like In Your Portfolio? – Seeking Alpha” on September 02, 2019, also Investorplace.com with their article: “5 Cheap Dividend Stocks to Buy – Investorplace.com” published on September 13, 2019, Finance.Yahoo.com published: “What To Know Before Buying W. P. Carey Inc. (NYSE:WPC) For Its Dividend – Yahoo Finance” on June 09, 2019. More interesting news about W. P. Carey Inc. (NYSE:WPC) were released by: Finance.Yahoo.com and their article: “The W. P. Carey (NYSE:WPC) Share Price Is Up 26% And Shareholders Are Holding On – Yahoo Finance” published on July 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “W. P. Carey Inc. (NYSE:WPC): The Best Of Both Worlds – Yahoo Finance” with publication date: July 25, 2019.

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

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