SG Americas Securities LLC increased its position in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 1,001.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,659,186 shares of the company’s stock after purchasing an additional 5,145,372 shares during the quarter. SG Americas Securities LLC’s holdings in VICI Properties were worth $154,609,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the company. Citigroup Inc. raised its position in VICI Properties by 117.1% during the third quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after acquiring an additional 1,691,653 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of VICI Properties by 24.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after purchasing an additional 173,013 shares during the last quarter. Bank of America Corp DE increased its stake in shares of VICI Properties by 17.9% during the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after purchasing an additional 3,968,349 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of VICI Properties by 43.8% during the 3rd quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock worth $112,664,000 after purchasing an additional 1,052,393 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of VICI Properties during the 3rd quarter worth approximately $13,926,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on VICI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Robert W. Baird dropped their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Mizuho reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report 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 report on Tuesday, April 21st. Finally, Scotiabank dropped their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.15.
VICI Properties Trading Up 0.0%
Shares of VICI opened at $26.28 on Monday. The stock has a fifty day moving average of $28.20 and a two-hundred day moving average of $28.35. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The company has a market capitalization of $28.10 billion, a PE ratio of 9.00 and a beta of 0.65. VICI Properties Inc. has a fifty-two week low of $26.27 and a fifty-two week high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the business earned $0.58 earnings per share. The business’s revenue for the quarter 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, analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio is presently 61.64%.
VICI Properties Company Profile
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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