Commonwealth Equity Services LLC Lowers Stock Holdings in VICI Properties Inc. $VICI

Commonwealth Equity Services LLC trimmed its position in VICI Properties Inc. (NYSE:VICI – Free Report) by 19.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 123,604 shares of the company’s stock after selling 29,582 shares during the period. Commonwealth Equity Services LLC’s holdings in VICI Properties were worth $3,476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VICI. Norges Bank purchased a new stake in shares of VICI Properties in the fourth quarter worth about $537,676,000. UBS Group AG lifted its holdings in shares of VICI Properties by 99.5% in the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock worth $314,886,000 after buying an additional 4,815,053 shares in the last quarter. Jupiter Asset Management Ltd. lifted its holdings in shares of VICI Properties by 1,699.8% in the fourth quarter. Jupiter Asset Management Ltd. now owns 4,544,692 shares of the company’s stock worth $127,797,000 after buying an additional 4,292,183 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after buying an additional 3,968,349 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new stake in shares of VICI Properties in the fourth quarter worth about $88,673,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

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VICI Properties Trading Down 1.6%

Shares of VICI opened at $27.42 on Tuesday. The firm’s 50 day simple moving average is $28.17 and its 200 day simple moving average is $28.43. The company has a market capitalization of $29.31 billion, a P/E ratio of 9.39 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 Inc. has a 1-year low of $26.55 and a 1-year high of $34.01.

VICI Properties (NYSE:VICI – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. VICI Properties’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the firm posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VICI shares. Barclays increased their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Robert W. Baird lowered their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Mizuho reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

View Our Latest Report on VICI Properties

About VICI Properties

(Free Report)

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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