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Arkfeld Wealth Strategies L.L.C. has purchased a new stake in W. P. Carey Inc. during the third quarter, buying 42,220 shares. Other hedge funds have also made changes to their positions in the company, with Marshall Wace LLP increasing its stake by 720.1%, among others. Analysts have recently issued reports on WPC, with price targets ranging from $63.00 to $73.00. The stock has an average rating of “Hold” and a consensus price target of $66.60. W.P. Carey Inc. is a well-diversified net lease REIT with a portfolio of around 1,413 net lease properties. The company has recently declared a quarterly dividend, which will be paid on January 16th. Shares of W.P. Carey Inc. traded down $0.14 during midday trading on Friday, reaching $64.90. 888,734 shares of the company’s stock traded hands, compared to its average volume of 1,386,024. The stock has a market cap of $14.19 billion, a price-to-earnings ratio of 17.83, and a dividend yield of 5.30%. The stock has a 50-day moving average of $58.38 and a 200-day moving average of $62.64.



Original: Arkfeld Wealth Strategies L.L.C. Makes New $2.27 Million Investment in W. P. Carey Inc. (NYSE:WPC)