W.P. Carey REIT (WPC) : Pennsylvania Trust Co scooped up 1,100 additional shares in W.P. Carey REIT during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 18,307 shares of W.P. Carey REIT which is valued at $1,131,373.W.P. Carey REIT makes up approximately 0.09% of Pennsylvania Trust Co’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa reduced its stake in WPC by selling 312 shares or 2.02% in the most recent quarter. The Hedge Fund company now holds 15,130 shares of WPC which is valued at $933,824. Kempner Capital Management sold out all of its stake in WPC during the most recent quarter. The investment firm sold 3,000 shares of WPC which is valued $185,160. Eqis Capital Management added WPC to its portfolio by purchasing 3,144 company shares during the most recent quarter which is valued at $194,048. W.P. Carey REIT makes up approx 0.01% of Eqis Capital Management’s portfolio.
W.P. Carey REIT closed down -0.65 points or -1.04% at $61.8 with 2,75,644 shares getting traded on Friday. Post opening the session at $62.6, the shares hit an intraday low of $61.8 and an intraday high of $62.85 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, W.P. Carey REIT reported $1.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $1.15. The company had revenue of $182.82 million for the quarter, compared to analysts expectations of $241.20 million. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.31 EPS.