W.P. Carey REIT (WPC) : Inspirion Wealth Advisors scooped up 841 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 Aug 2, 2016. The investment management firm now holds a total of 36,782 shares of W.P. Carey REIT which is valued at $2,626,235.W.P. Carey REIT makes up approximately 1.66% of Inspirion Wealth Advisors’s portfolio.
Other Hedge Funds, Including , Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in WPC in the latest quarter, The investment management firm added 571 additional shares and now holds a total of 15,788 shares of W.P. Carey REIT which is valued at $1,127,263. W.P. Carey REIT makes up approx 0.03% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Diligent Investors boosted its stake in WPC in the latest quarter, The investment management firm added 44 additional shares and now holds a total of 9,500 shares of W.P. Carey REIT which is valued at $690,175. W.P. Carey REIT makes up approx 0.63% of Diligent Investors’s portfolio.
W.P. Carey REIT closed down -0.45 points or -0.64% at $69.47 with 2,61,283 shares getting traded on Monday. Post opening the session at $69.79, the shares hit an intraday low of $69.335 and an intraday high of $69.86 and the price fluctuated in this range throughout the day.Shares ended Monday 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.