Lasalle Investment Management Securities LLC decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 21.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,732,642 shares of the company’s stock after selling 481,835 shares during the quarter. VICI Properties accounts for approximately 2.0% of Lasalle Investment Management Securities LLC’s investment portfolio, making the stock its 20th largest position. Lasalle Investment Management Securities LLC’s holdings in VICI Properties were worth $48,722,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Virtue Asset Management LLC increased its stake in shares of VICI Properties by 3.9% in the fourth quarter. Virtue Asset Management LLC now owns 38,736 shares of the company’s stock valued at $1,089,000 after buying an additional 1,468 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of VICI Properties by 4.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 1,988,591 shares of the company’s stock valued at $55,919,000 after buying an additional 79,409 shares during the period. Verity & Verity LLC increased its stake in shares of VICI Properties by 4.2% in the fourth quarter. Verity & Verity LLC now owns 602,401 shares of the company’s stock valued at $16,940,000 after buying an additional 24,235 shares during the period. Essex Financial Services Inc. increased its stake in shares of VICI Properties by 7.1% in the fourth quarter. Essex Financial Services Inc. now owns 22,210 shares of the company’s stock valued at $625,000 after buying an additional 1,477 shares during the period. Finally, MUFG Securities EMEA plc increased its stake in shares of VICI Properties by 114.4% in the fourth quarter. MUFG Securities EMEA plc now owns 43,766 shares of the company’s stock valued at $1,231,000 after buying an additional 23,355 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on VICI shares. Scotiabank upped their price objective on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Barclays upped their price objective on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Robert W. Baird lowered their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research note on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and an average target price of $33.38.
VICI Properties Stock Performance
Shares of VICI stock opened at $28.23 on Monday. The business’s 50 day simple moving average is $28.13 and its 200 day simple moving average is $28.54. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01. The stock has a market capitalization of $30.17 billion, a PE ratio of 9.67 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62.
VICI Properties (NYSE:VICI – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the business posted $0.58 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Thursday, March 19th. VICI Properties’s dividend payout ratio is presently 61.64%.
About VICI Properties
VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.
The company’s portfolio is concentrated in major U.S.
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