Cadence Bank Invests Heavily in W. P. Carey with $318000 Investment

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Cadence Bank has recently made a sizable investment in W. P. Carey ($NYSE:WPC) Inc., a publicly-traded real estate investment trust. The company invests in and owns a diversified portfolio of industrial, retail, office, and warehouse properties while also providing capital and advisory services to investors in the real estate industry. With a focus on net lease properties, W. P. Carey Inc. has been able to create long-term value for its shareholders. Thanks to this new investment from Cadence Bank, the company will now be able to expand its presence even further.

Market Price

This investment was made despite a rather uneventful day in the stock market, as W. P. CAREY’s stock opened at $62.8 but closed at $62.4, down 0.6% from its prior closing price. The company’s stock has been relatively flat, indicating the long-term confidence investors have in W. P. Carey Inc. and their belief in its future prospects. The investment from Cadence Bank is a sign of continued faith in the company and should help bolster their position in the market going forward. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for WPC. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for WPC. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for WPC. More…

Key Ratios Snapshot

Some of the financial key ratios for WPC are shown below. More…

Analysis

After performing an analysis of W.P. Carey’s financials, GoodWhale has concluded that the company is classified as a ‘cow’, a type of company that has a track record of paying out consistent and sustainable dividends. This makes it attractive to investors who are looking for a reliable source of income. Our Star Chart analysis shows that W.P. Carey is strong in asset growth and medium in dividend and profitability. In addition, its high health score of 7/10 with regard to its cashflows and debt means that it is capable of safely riding out any crisis without the risk of bankruptcy. In summary, W.P. Carey is an attractive investment for those seeking consistent and reliable dividends over time, as well as those looking for asset growth and medium profitability. Moreover, its strong financial health provides added security in turbulent economic times. More…

Peers

It’s one of the largest owners and operators of single-tenant commercial properties in the U.S., with a portfolio that includes office buildings, warehouses, and retail centers. The company’s size and scope give it some advantages over its smaller competitors, but it also faces some stiff competition from some of the other big REITs in the space, including Realty Income Corp, STORE Capital Corp, and Prologis Inc.

– Realty Income Corp ($NYSE:O)

Realty Income Corporation is a publicly traded real estate investment trust that invests in commercial real estate properties in the United States. The company was founded in 1969 and is headquartered in Escondido, California. As of December 31, 2020, Realty Income owned 5,689 properties across 49 states.

– STORE Capital Corp ($NYSE:STOR)

STORE Capital Corp is a real estate investment trust that focuses on acquiring, financing, and owning net-leased properties. The company’s properties are leased to middle market and national retail tenants. As of December 31, 2020, STORE Capital owned 1,847 properties in 48 states.

– Prologis Inc ($NYSE:PLD)

Prologis Inc is a real estate investment trust that owns, operates, and develops warehouses and distribution centers around the world. As of 2022, it has a market capitalization of $94.6 billion. The company’s warehouses are used by a variety of businesses, including e-commerce fulfillment, retail, manufacturing, and logistics. Prologis is one of the largest landlords in the United States and China, and its properties are located in 19 countries across North America, Europe, Asia, and Australia.

Summary

The company specializes in long-term net lease agreements and diversified investments across the commercial property sector. An analysis of the investment shows that W. P. Carey Inc. provides a strong portfolio of assets, low leverage and a solid dividend yield. Its strong balance sheet provides a low risk to investors, while its stable cash flow allows for potential capital appreciation and income growth. In addition, W. P. Carey Inc. has a diverse portfolio of international properties, giving investors diversification and stability even in challenging markets.