W. P. Carey Inc. saw varied investor activity and a slight earnings miss but maintains a strong real estate portfolio.

W. P. Carey Inc. (WPC), a real estate investment trust, saw mixed investment activity in the third quarter. Prime Capital Investment Advisors and Versor Investments reduced their stakes, while Victory Capital Management significantly increased its holdings. Despite a reported earnings miss, W. P. Carey maintains a strong, diversified portfolio of commercial real estate. The company's stock has a market cap of $12.21 billion and offers a dividend yield of 6.28%.

November 17, 2024
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