W.P. Carey (WPC) Shareholder Markel Has Cut Its Holding; Chilton Investment Co Has Upped Praxair (PX) Position by $6.87 Million as Market Valuation Declined

W. P. Carey Inc. (NYSE:WPC) Logo

Markel Corp decreased its stake in W.P. Carey (WPC) by 26.31% based on its latest 2018Q2 regulatory filing with the SEC. Markel Corp sold 250,000 shares as the company’s stock declined 0.83% while stock markets rallied. The hedge fund held 700,200 shares of the real estate investment trusts company at the end of 2018Q2, valued at $46.46 million, down from 950,200 at the end of the previous reported quarter. Markel Corp who had been investing in W.P. Carey for a number of months, seems to be less bullish one the $11.22B market cap company. The stock decreased 0.53% or $0.37 during the last trading session, reaching $69.63. About 2.19 million shares traded or 54.86% up from the average. W. P. Carey Inc. (NYSE:WPC) has declined 5.88% since December 8, 2017 and is downtrending. It has underperformed by 21.50% the S&P500. Some Historical WPC News: 04/05/2018 – W. P. Carey Raises Dividend to $1.015; 30/05/2018 – SABR PARTNERS WITH ALTA/KPH, LAUNCHES ALTA SABR FUND; 04/05/2018 – W. P. Carey 1Q Rev $177.6M; 15/03/2018 W. P. Carey Inc. Increases Quarterly Dividend To $1.015 Per Share; 04/05/2018 – WP CAREY INC WPC.N SEES FY 2018 ADJUSTED FFO SHR $5.30 TO $5.50; 15/03/2018 – W. P. CAREY BOOSTS QTRLY DIV TO $1.015/SHR, EST. $1.015/SHR; 04/05/2018 – W. P. Carey 1Q EPS 60c; 04/05/2018 – WP CAREY SEES FY AFFO/SHR $5.30 TO $5.50, EST. $5.38; 19/03/2018 – W. P. Carey Inc. Appoints Robert J. Flanagan to Board of Directors; 04/05/2018 – WP CAREY 1Q NET REV. $190.3M

Chilton Investment Co Llc increased its stake in Praxair Inc (PX) by 13.03% based on its latest 2018Q2 regulatory filing with the SEC. Chilton Investment Co Llc bought 43,467 shares as the company’s stock declined 2.41% while stock markets rallied. The hedge fund held 377,146 shares of the basic industries company at the end of 2018Q2, valued at $59.65 million, up from 333,679 at the end of the previous reported quarter. Chilton Investment Co Llc who had been investing in Praxair Inc for a number of months, seems to be bullish on the $ market cap company. The stock decreased 100.00% or $164.5 during the last trading session, reaching $0. About 57.37M shares traded or 1441.62% up from the average. Praxair, Inc. (NYSE:PX) has risen 16.15% since December 8, 2017 and is uptrending. It has outperformed by 0.53% the S&P500. Some Historical PX News: 24/04/2018 – PRAXAIR INC – CO WILL BUILD PLANTS THAT WILL SUPPLY GASES TO MEET SAMSUNG’S SEMICONDUCTOR DEMANDS; 12/04/2018 – CVC, CARLYLE, ONEX,BLACKSTONE BID FOR LINDE/PRAXAIR ASSETS:RTRS; 27/04/2018 – LINDE PLC SAYS PROPOSED BUSINESS COMBINATION BETWEEN PRAXAIR INC AND LINDE AG IS EXPECTED TO BE COMPLETED IN H2 2018; 26/04/2018 – Praxair 1Q Adj EPS $1.65; 08/03/2018 – LINDE AG LING.DE – COMPLETION OF MERGER WITH PRAXAIR STILL PLANNED FOR SECOND HALF OF 2018; 20/03/2018 – EU ANTITRUST REGULATORS SET AUG 9 DEADLINE FOR DECISION ON LINDE, PRAXAIR MERGER AFTER LIFTING SUSPENSION OF PROCEEDINGS; 09/04/2018 – Linde/Praxair EC remedies scope still under discussion – sources [14:34 BST09 Apr 2018] [Proprietary] []; 29/03/2018 – francois de beaupuy: SCOOP: Linde-Praxair merger struggles to win the European Union’s blessing. @aoifewhite101, @sachgau and; 09/03/2018 – BRAZIL REGULATOR CADE CONSIDERS LINDE, PRAXAIR DEAL COMPLEX; 03/04/2018 – Praxair Receives 2018 Silver Class Distinction from RobecoSAM

Markel Corp, which manages about $5.45B US Long portfolio, upped its stake in Marriott International (NASDAQ:MAR) by 7,000 shares to 1.52 million shares, valued at $191.83 million in 2018Q2, according to the filing. It also increased its holding in Ecolab (NYSE:ECL) by 12,500 shares in the quarter, for a total of 260,800 shares, and has risen its stake in Amazon.Com (NASDAQ:AMZN).

More notable recent W. P. Carey Inc. (NYSE:WPC) news were published by: Seekingalpha.com which released: “W. P. Carey declares $1.03 dividend – Seeking Alpha” on December 05, 2018, also Bizjournals.com with their article: “San Francisco-based FPA Multifamily buys The Grand Estates at TPC on Far North Side – San Antonio Business Journal” published on November 26, 2018, Benzinga.com published: “Mid-Afternoon Market Update: OPKO Health Rises On Q3 Earnings; Lumentum Shares Plummet – Benzinga” on November 12, 2018. More interesting news about W. P. Carey Inc. (NYSE:WPC) were released by: Nasdaq.com and their article: “Detailed Research: Economic Perspectives on The Western Union, Allscripts Healthcare Solutions, Terreno Realty, UnitedHealth Group, LendingClub, and WP Carey — What Drives Growth in Today’s Competitive Landscape – Nasdaq” published on December 04, 2018 as well as Seekingalpha.com‘s news article titled: “REITs: The Only Asset Class That Will Deliver Required Returns (Part II) – Seeking Alpha” with publication date: December 03, 2018.

Investors sentiment decreased to 1.06 in 2018 Q2. Its down 0.34, from 1.4 in 2018Q1. It fall, as 19 investors sold WPC shares while 111 reduced holdings. 34 funds opened positions while 104 raised stakes. 49.69 million shares or 0.93% less from 50.15 million shares in 2018Q1 were reported. Piedmont Invest Ltd Liability Corporation owns 41 shares. Eaton Vance Mngmt invested in 0.01% or 72,063 shares. 7,192 are held by Marshwinds Advisory Company. State Of Alaska Department Of Revenue stated it has 0.06% of its portfolio in W. P. Carey Inc. (NYSE:WPC). Van Hulzen Asset Mgmt Llc holds 0.09% or 4,655 shares in its portfolio. 29 were accumulated by Exane Derivatives. Macquarie Ltd has 33,000 shares for 0% of their portfolio. Verition Fund Mngmt Lc invested 0.02% in W. P. Carey Inc. (NYSE:WPC). Garrison Financial owns 4,220 shares. Webster Bancorporation N A invested in 1,400 shares or 0.01% of the stock. Suntrust Banks reported 4,095 shares. Raymond James Na holds 6,071 shares or 0.03% of its portfolio. 5,798 are held by Cls Investments Llc. Barclays Public Ltd Com reported 65,118 shares or 0% of all its holdings. Willingdon Wealth has 32,118 shares for 0.65% of their portfolio.

Since November 6, 2018, it had 2 buys, and 0 sales for $403,290 activity. Niehaus Christopher bought 3,850 shares worth $254,411.

Analysts await W. P. Carey Inc. (NYSE:WPC) to report earnings on February, 22. They expect $1.31 earnings per share, 0.00% or $0.00 from last year’s $1.31 per share. WPC’s profit will be $211.00M for 13.29 P/E if the $1.31 EPS becomes a reality. After $1.48 actual earnings per share reported by W. P. Carey Inc. for the previous quarter, Wall Street now forecasts -11.49% negative EPS growth.

Among 9 analysts covering WP Carey & Co LLC (NYSE:WPC), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. WP Carey & Co LLC had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of W. P. Carey Inc. (NYSE:WPC) earned “Buy” rating by BMO Capital Markets on Friday, June 30. The firm earned “Hold” rating on Friday, November 10 by Ladenburg. The firm earned “Underperform” rating on Monday, June 12 by Evercore. The rating was downgraded by Citigroup to “Sell” on Friday, December 11. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. Capital One downgraded W. P. Carey Inc. (NYSE:WPC) on Thursday, February 11 to “Equal Weight” rating. The rating was upgraded by Evercore on Tuesday, February 27 to “Hold”. The stock of W. P. Carey Inc. (NYSE:WPC) has “Underperform” rating given on Monday, December 11 by Evercore. As per Monday, August 14, the company rating was upgraded by Evercore. The stock of W. P. Carey Inc. (NYSE:WPC) earned “Market Perform” rating by BMO Capital Markets on Wednesday, August 5.

Chilton Investment Co Llc, which manages about $5.22B and $2.85 billion US Long portfolio, decreased its stake in Becton Dickinson & Co (NYSE:BDX) by 4,876 shares to 108,622 shares, valued at $26.02 million in 2018Q2, according to the filing. It also reduced its holding in 3M Co (NYSE:MMM) by 3,693 shares in the quarter, leaving it with 46,434 shares, and cut its stake in Costco Whsl Corp New (NASDAQ:COST).

Praxair, Inc. (NYSE:PX) Institutional Positions Chart

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