Virtu Financial LLC boosted its holdings in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 405.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,655 shares of the company’s stock after buying an additional 65,491 shares during the period. Virtu Financial LLC’s holdings in VICI Properties were worth $2,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VICI. Vanguard Group Inc. grew its stake in shares of VICI Properties by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after acquiring an additional 1,705,855 shares during the last quarter. State Street Corp increased its holdings in shares of VICI Properties by 1.7% during the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock valued at $1,817,165,000 after acquiring an additional 1,080,992 shares in the last quarter. Geode Capital Management LLC raised its position in shares of VICI Properties by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after purchasing an additional 1,037,345 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of VICI Properties by 8.2% in the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock valued at $851,821,000 after purchasing an additional 2,305,719 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in VICI Properties by 17.9% in 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. 97.71% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have weighed in on VICI shares. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research report on Monday, May 4th. Robert W. Baird decreased their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Barclays lifted their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, Scotiabank dropped their price objective on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $33.15.
VICI Properties Trading Up 0.0%
Shares of NYSE:VICI opened at $26.28 on Friday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52-week low of $26.27 and a 52-week high of $34.01. The stock has a market cap of $28.10 billion, a price-to-earnings ratio of 9.00 and a beta of 0.65. The business has a 50-day moving average price of $28.20 and a 200-day moving average price of $28.35.
VICI Properties (NYSE:VICI – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders 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 yield of 6.8%. The ex-dividend date is Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.
VICI Properties 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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