Zurcher Kantonalbank Zurich Cantonalbank lessened its holdings in VICI Properties Inc. (NYSE:VICI – Free Report) by 36.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 756,081 shares of the company’s stock after selling 432,117 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in VICI Properties were worth $21,261,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Aptus Capital Advisors LLC boosted its position in shares of VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock worth $216,000 after buying an additional 329 shares during the period. Arete Wealth Advisors LLC boosted its position in shares of VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock worth $296,000 after buying an additional 334 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of VICI Properties by 3.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after buying an additional 337 shares during the period. Choreo LLC boosted its position in shares of VICI Properties by 1.8% in the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after buying an additional 355 shares during the period. Finally, Provident Investment Management Inc. boosted its position in shares of VICI Properties by 1.5% in the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after buying an additional 375 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.
Analyst Ratings Changes
VICI has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Cantor Fitzgerald set a $33.00 target price on VICI Properties in a research report on Monday, January 5th. Barclays raised their target price on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday. Mizuho reissued a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Finally, Scotiabank cut VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the company from $36.00 to $30.00 in a research report on Friday, January 30th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and an average target price of $33.77.
VICI Properties Price Performance
VICI opened at $28.46 on Wednesday. The stock has a market cap of $30.42 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 3.30 and a beta of 0.70. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. The stock has a fifty day moving average price of $28.65 and a 200 day moving average price of $28.97.
VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. VICI Properties’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Analysts forecast that VICI Properties Inc. will post 2.45 EPS for the current fiscal year.
VICI Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is presently 68.97%.
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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