W. P. Carey Inc. (WPC): Mary M Vandeweghe , director of W. P. Carey Inc. purchased 1,000 shares on May 9, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $63.08 per share for a total value of $63,080.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Thomas E Zacharias (Chief Operating Officer) sold 17,000 shares at $60.03 per share price.On Dec 18, 2015, Nathaniel S Coolidge (director) sold 757 shares at $60.92 per share price.Also, On Dec 10, 2015, Trevor P Bond (CEO) sold 1,998 shares at $61.08 per share price.On May 20, 2015, Mary M Vandeweghe (director) purchased 800 shares at $63.77 per share price.
W.P. Carey REIT: On Friday, May 6, 2016 heightened volatility was witnessed in W.P. Carey REIT which led to swings in the share price. The shares opened for trading at $62.01 and hit $63 on the upside , eventually ending the session at $63, with a gain of 1.84% or 1.14 points. The heightened volatility saw the trading volume jump to 3,38,195 shares. The 52-week high of the share price is $65.38 and the company has a market cap of $6,607 M . The 52-week low of the share price is at $51.115.
Company has been under the radar of several Street Analysts.W.P. Carey REIT is Downgraded by CapitalOne to Equal Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Feb 11, 2016.W.P. Carey REIT is Downgraded by Ladenburg Thalmann to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 11, 2016.