BlackRock Amends W. P. Carey Stake, Remains Passive Investor
Ticker: WPC · Form: SC 13G/A · Filed: 2024-01-23T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, real-estate
TL;DR
**BlackRock still owns W. P. Carey stock, signaling continued institutional interest.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 23, 2024, indicating its ownership of W. P. Carey Inc. common stock as of December 31, 2023. This filing, Amendment No. 9, updates BlackRock's passive investment stake in the real estate investment trust. For investors, this means a major institutional investor continues to hold a significant, though passive, position in W. P. Carey, which can signal confidence in the company's long-term prospects.
Why It Matters
This filing shows BlackRock, a massive institutional investor, still holds a significant stake in W. P. Carey Inc., which can be a vote of confidence for current and potential shareholders.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company control.
Analyst Insight
An investor should note that BlackRock's continued passive ownership suggests stability but doesn't imply an active push for change. It's a data point for long-term holders, not a signal for short-term trading.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- W. P. Carey Inc. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are the subject of this filing?
The securities of W. P. Carey Inc. are the subject of this filing, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: W. P. Carey Inc.' and 'WP Carey Inc (Name of Issuer)'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the 'Date of Event Which Requires Filing of this Statement' section.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of W. P. Carey Inc. is 92936U109, as listed under the 'CUSIP Number' section.
From the Filing
EDGAR Filing Documents for 0001086364-24-001650 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-001650 Filing Date 2024-01-23 Accepted 2024-01-23 16:13:55 Documents 1 Document Format Files Seq Description Document Type Size 1 us92936u1097_012324.txt SC 13G/A 11964 Complete submission text file 0001086364-24-001650.txt 14118 Mailing Address ONE MANHATTAN WEST, 395 9TH AVENUE 58TH FLOOR NEW YORK NY 10001 Business Address ONE MANHATTAN WEST, 395 9TH AVENUE 58TH FLOOR NEW YORK NY 10001 2124921100 W. P. Carey Inc. (Subject) CIK : 0001025378 (see all company filings) EIN. : 133912578 | State of Incorp.: MD | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-86275 | Film No.: 24552670 SIC : 6798 Real Estate Investment Trusts (CF Office: 05 Real Estate & Construction) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)