Will W.P. Carey Inc Reit (NYSE:WPC) Run Out of Steam Soon? Short Interest is Up

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

Investors sentiment increased to 1.11 in Q3 2018. Its up 0.05, from 1.06 in 2018Q2. It improved, as 38 investors sold W. P. Carey Inc. shares while 94 reduced holdings. 41 funds opened positions while 105 raised stakes. 48.86 million shares or 1.66% less from 49.69 million shares in 2018Q2 were reported.
Knott David M accumulated 0.13% or 6,000 shares. Inspirion Wealth Advsrs Limited Liability Corporation has 0.93% invested in W. P. Carey Inc. (NYSE:WPC) for 34,127 shares. New England Private Wealth Lc reported 4,152 shares. Aqr Capital Management Limited Liability Co has invested 0% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Invesco Limited accumulated 51,311 shares. Retail Bank Of Montreal Can reported 0% in W. P. Carey Inc. (NYSE:WPC). Raymond James And Associate invested 0.01% in W. P. Carey Inc. (NYSE:WPC). Loeb Corporation owns 28,900 shares. Massachusetts Service Co Ma invested in 1.51M shares or 0.04% of the stock. Davenport & Ltd Liability Com accumulated 0.8% or 1.08M shares. 79,403 are held by Los Angeles Capital Equity Research. Minnesota-based Ameriprise Inc has invested 0.07% in W. P. Carey Inc. (NYSE:WPC). Principal Fincl Gru Inc has 12,938 shares for 0% of their portfolio. Df Dent & Co holds 5,095 shares. Loomis Sayles And Lp reported 0% in W. P. Carey Inc. (NYSE:WPC).

Since November 6, 2018, it had 2 insider purchases, and 0 sales for $403,290 activity. On Tuesday, November 6 the insider Hoysradt Jean bought $148,879.

The stock of W.P. Carey Inc Reit (NYSE:WPC) registered an increase of 14.63% in short interest. WPC’s total short interest was 3.95M shares in January as published by FINRA. Its up 14.63% from 3.44M shares, reported previously. With 3.51M shares average volume, it will take short sellers 1 days to cover their WPC’s short positions. The short interest to W.P. Carey Inc Reit’s float is 3.76%.

The stock decreased 0.66% or $0.46 during the last trading session, reaching $68.65. About 268,631 shares traded. W. P. Carey Inc. (NYSE:WPC) has declined 0.62% since January 11, 2018 and is downtrending. It has underperformed by 0.62% 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 $11.06 billion. At September 30, 2017, the Company had an enterprise value of approximately $11.4 billion. It has a 25.43 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 W.P. Carey (NYSE:WPC), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. W.P. Carey had 2 analyst reports since August 13, 2018 according to SRatingsIntel. The stock of W. P. Carey Inc. (NYSE:WPC) earned “Underperform” rating by Bank of America on Monday, August 13.

More important recent W. P. Carey Inc. (NYSE:WPC) news were published by: Prnewswire.com which released: “$50 Million Campaign For WP Carey School Of Business Announced By WP Carey Foundation And ASU – PRNewswire” on January 08, 2019, also Seekingalpha.com published article titled: “W.P. Carey: Strong Buy – Seeking Alpha”, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For December 19, 2018 – Benzinga” on December 19, 2018. More interesting news about W. P. Carey Inc. (NYSE:WPC) was released by: Nasdaq.com and their article: “3 Top Stocks With High Dividend Yields – Nasdaq” with publication date: December 15, 2018.

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

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