D. Scott Neal adds W.P. Carey REIT (WPC) to its portfolio

W.P. Carey REIT (WPC) : D. Scott Neal added new position in W.P. Carey REIT during the most recent quarter end. The investment management firm now holds 2,200 shares of W.P. Carey REIT which is valued at $137,214 , the company said in a statement filed on Apr 13, 2016 with the SEC.W.P. Carey REIT makes up approximately 0.13% of D. Scott Neal’s portfolio.

W.P. Carey REIT closed down -0.08 points or -0.13% at $62.29 with 2,25,138 shares getting traded on Monday. Post opening the session at $62.39, the shares hit an intraday low of $61.88 and an intraday high of $62.57 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Other Hedge Funds, Including , Real Estate Management Services boosted its stake in WPC in the latest quarter, The investment management firm added 1,700 additional shares and now holds a total of 90,000 shares of W.P. Carey REIT which is valued at $5,613,300. W.P. Carey REIT makes up approx 0.89% of Real Estate Management Services’s portfolio.State Of Alaska Department Of Revenue boosted its stake in WPC in the latest quarter, The investment management firm added 640 additional shares and now holds a total of 39,790 shares of W.P. Carey REIT which is valued at $2,481,702. W.P. Carey REIT makes up approx 0.26% of State Of Alaska Department Of Revenue’s portfolio.Edge Wealth Management boosted its stake in WPC in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 11 shares of W.P. Carey REIT which is valued at $669. Marshwinds Advisory Co added WPC to its portfolio by purchasing 7,192 company shares during the most recent quarter which is valued at $437,489. W.P. Carey REIT makes up approx 0.22% of Marshwinds Advisory Co’s portfolio.Creative Planning boosted its stake in WPC in the latest quarter, The investment management firm added 4,308 additional shares and now holds a total of 19,438 shares of W.P. Carey REIT which is valued at $1,182,414. W.P. Carey REIT makes up approx 0.01% of Creative Planning’s portfolio.

On the company’s financial health, W.P. Carey REIT reported $1.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $1.08. The company had revenue of $232.40 million for the quarter, compared to analysts expectations of $221.04 million. The company’s revenue was up 38.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 EPS.

Many Wall Street Analysts have commented on W.P. Carey REIT. W.P. Carey REIT was Downgraded by CapitalOne to ” Equal Weight” on Feb 11, 2016. W.P. Carey REIT was Downgraded by Ladenburg Thalmann to ” Neutral” on Feb 11, 2016.

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