Hsbc Holdings PLC Buys 622,099 Shares of VICI Properties Inc. $VICI

Hsbc Holdings PLC raised its stake in VICI Properties Inc. (NYSE:VICI) by 8.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,433,668 shares of the company’s stock after purchasing an additional 622,099 shares during the period. Hsbc Holdings PLC owned 0.79% of VICI Properties worth $237,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bayban bought a new stake in shares of VICI Properties in the 4th quarter valued at about $25,000. Rehmann Capital Advisory Group grew its position in shares of VICI Properties by 5.9% in the 4th quarter. Rehmann Capital Advisory Group now owns 8,686 shares of the company’s stock worth $244,000 after buying an additional 483 shares during the last quarter. SHP Wealth Management bought a new position in shares of VICI Properties during the 4th quarter worth approximately $196,000. Reflection Asset Management bought a new position in shares of VICI Properties during the 4th quarter worth approximately $29,000. Finally, DGS Capital Management LLC lifted its position in VICI Properties by 23.6% during the fourth quarter. DGS Capital Management LLC now owns 19,938 shares of the company’s stock valued at $561,000 after acquiring an additional 3,806 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI Properties stock opened at $26.28 on Friday. The firm has a market capitalization of $28.10 billion, a P/E ratio of 9.00 and a beta of 0.65. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average price of $28.20 and a 200 day moving average price of $28.35. VICI Properties Inc. has a 52 week low of $26.27 and a 52 week high of $34.01.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm earned $0.58 EPS. VICI Properties’s revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts expect 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 paid 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 payout ratio is presently 61.64%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on VICI. Scotiabank lowered their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday. Robert W. Baird reduced their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Mizuho reiterated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research report on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $33.15.

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.