VICI Properties Inc. $VICI Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 39.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 233,733 shares of the company’s stock after selling 154,161 shares during the quarter. Corient Private Wealth LLC’s holdings in VICI Properties were worth $6,580,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of VICI Properties during the 4th quarter valued at approximately $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of VICI Properties by 31,134.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock worth $287,336,000 after purchasing an additional 10,185,477 shares during the last quarter. Man Group plc grew its stake in VICI Properties by 100.6% in the fourth quarter. Man Group plc now owns 11,406,537 shares of the company’s stock worth $320,752,000 after purchasing an additional 5,720,867 shares in the last quarter. Voloridge Investment Management LLC grew its stake in VICI Properties by 247.8% in the fourth quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after purchasing an additional 5,551,620 shares in the last quarter. Finally, UBS Group AG increased its holdings in VICI Properties by 99.5% in the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock valued at $314,886,000 after buying an additional 4,815,053 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

VICI has been the subject of a number of research analyst reports. Scotiabank lowered their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Robert W. Baird lowered their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Mizuho reissued a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Finally, Royal Bank Of Canada assumed coverage on shares of VICI Properties in a research report on Thursday. They issued a “sector perform” rating and a $29.00 price target on the stock. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.86.

VICI Properties Trading Down 0.8%

VICI Properties stock opened at $26.50 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. The firm has a 50-day moving average price of $28.07 and a two-hundred day moving average price of $28.31. The firm has a market capitalization of $28.33 billion, a price-to-earnings ratio of 9.08 and a beta of 0.65. VICI Properties Inc. has a 52-week low of $26.08 and a 52-week high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. VICI Properties’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.58 earnings per share. 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 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

About VICI Properties

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.