Short Interest to Follow: WP Carey Reit (NYSE:WPC) Has Increase in Shorts

November 21, 2016 - By Vivian Park   ·   0 Comments

Short Interest to Follow: WP Carey Reit (NYSE:WPC) Has Increase in Shorts

The stock of WP Carey Reit (NYSE:WPC) registered an increase of 4.14% in short interest. WPC’s total short interest was 1.55 million shares in November as published by FINRA. Its up 4.14% from 1.49M shares, reported previously. With 344,300 shares average volume, it will take short sellers 5 days to cover their WPC’s short positions. The short interest to WP Carey Reit’s float is 1.49%. About 119,694 shares traded hands. W.P. Carey Inc. REIT (NYSE:WPC) has declined 6.82% since April 19, 2016 and is downtrending. It has underperformed by 10.68% the S&P500.

Insitutional Activity: The institutional sentiment decreased to 1.17 in Q2 2016. Its down 0.22, from 1.39 in 2016Q1. The ratio dived, as 22 funds sold all W.P. Carey Inc. REIT shares owned while 87 reduced positions. 40 funds bought stakes while 111 increased positions. They now own 48.33 million shares or 2.47% more from 47.16 million shares in 2016Q1.
Hsbc Holdg Public Ltd Co last reported 0% of its portfolio in the stock. Brown Advisory Inc last reported 0.34% of its portfolio in the stock. Dimensional Fund Advsrs Ltd Partnership, a Texas-based fund reported 1.28M shares. Deutsche Bancorp Ag holds 0.01% of its portfolio in W.P. Carey Inc. REIT (NYSE:WPC) for 273,646 shares. Commonwealth Equity Serv accumulated 0.23% or 385,291 shares. Rench Wealth Mgmt last reported 2.95% of its portfolio in the stock. Pinnacle Fincl last reported 8,100 shares in the company. Garrison Corporation owns 4,120 shares or 0.19% of their US portfolio. Diligent Invsts Ltd Co reported 9,500 shares or 0.63% of all its holdings. Texas Yale Capital owns 19,090 shares or 0.13% of their US portfolio. Kempner Cap Inc holds 3,000 shares or 0.13% of its portfolio. Blackrock holds 0.01% or 118,139 shares in its portfolio. New England Inv And Retirement Grp has invested 0.39% of its portfolio in W.P. Carey Inc. REIT (NYSE:WPC). Welch Cap Prns Limited holds 129,712 shares or 3.24% of its portfolio. Neuberger Berman Gru Ltd Liability Com last reported 149,921 shares in the company.

Insider Transactions: Since August 26, 2016, the stock had 2 insider buys, and 1 sale for $262,691 net activity. VanDeWeghe Mary M also bought $55,148 worth of W.P. Carey Inc. REIT (NYSE:WPC) shares. ALEXANDER MARK A bought $230,920 worth of stock. $23,377 worth of W.P. Carey Inc. REIT (NYSE:WPC) was sold by COOLIDGE NATHANIEL S.

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

Out of 5 analysts covering WP Carey & Co LLC (NYSE:WPC), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. WP Carey & Co LLC has been the topic of 7 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock has “Equal Weight” rating given by Capital One on Thursday, February 11. The rating was downgraded by BMO Capital Markets on Wednesday, August 5 to “Market Perform”. On Friday, December 11 the stock rating was downgraded by Citigroup to “Sell”. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. The firm has “Neutral” rating given on Thursday, February 11 by Ladenburg Thalmann.

WPC Company Profile

W.P. Carey Inc. (W.P. Carey), incorporated on February 15, 2012, is a self-managed diversified real estate investment trust (REIT). The Firm is an owner and manager of commercial real estate, primarily net leased to companies on a long-term basis. It operates through two divisions: Real Estate Ownership and Investment Management. The Firm owns and manages a diversified global investment portfolio of approximately 1,340 properties, including over 870 net-leased properties and three operating properties within its owned real estate portfolio. The Company’s portfolio consists of interest in over two hotels and one self-storage property. The Firm also acts as an advisor to a series of income-oriented non-traded real estate investment trusts, through its investment management business.

More notable recent W.P. Carey Inc. REIT (NYSE:WPC) news were published by: Seekingalpha.com which released: “REIT Focus: W.P. Carey, Inc.” on June 15, 2016, also Equitiesfocus.com with their article: “W.P. Carey Inc. (NYSE:WPC) PEG Ratio At 0.00” published on November 21, 2016, Fool.com published: “3 Reasons Why High-Yielding REIT WP Carey Inc Is a Buy” on July 07, 2014. More interesting news about W.P. Carey Inc. REIT (NYSE:WPC) were released by: Seekingalpha.com and their article: “W.P. Carey REIT: Big Dividend, Big Risks” published on October 09, 2016 as well as Investmentnews.com‘s news article titled: “Nontraded REIT heavyweight WP Carey retreats from net-lease real estate” with publication date: June 18, 2014.

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By Vivian Park


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