Banque Cantonale Vaudoise Sells 19,958 Shares of VICI Properties Inc. $VICI

Banque Cantonale Vaudoise lowered its stake in VICI Properties Inc. (NYSE:VICI) by 21.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,637 shares of the company’s stock after selling 19,958 shares during the period. Banque Cantonale Vaudoise’s holdings in VICI Properties were worth $2,012,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VICI. Assenagon Asset Management S.A. grew its stake in shares of VICI Properties by 5.1% during the first quarter. Assenagon Asset Management S.A. now owns 37,865 shares of the company’s stock worth $1,034,000 after buying an additional 1,850 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of VICI Properties during the first quarter valued at about $235,000. Steph & Co. grew its holdings in shares of VICI Properties by 5.9% during the first quarter. Steph & Co. now owns 16,835 shares of the company’s stock worth $460,000 after purchasing an additional 944 shares during the last quarter. Krilogy Financial LLC grew its holdings in shares of VICI Properties by 60.6% during the first quarter. Krilogy Financial LLC now owns 23,231 shares of the company’s stock worth $660,000 after purchasing an additional 8,768 shares during the last quarter. Finally, Intergy Private Wealth LLC bought a new stake in shares of VICI Properties during the first quarter worth about $207,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

VICI has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a report on Monday, May 4th. Mizuho restated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Robert W. Baird dropped their price target 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. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday. Finally, Barclays boosted 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. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $32.86.

VICI Properties Price Performance

VICI stock opened at $27.16 on Friday. The business has a 50-day simple moving average of $28.05 and a two-hundred day simple moving average of $28.30. VICI Properties Inc. has a 52-week low of $26.08 and a 52-week high of $34.01. The company has a market capitalization of $29.04 billion, a P/E ratio of 9.30 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The firm 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%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts expect that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

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