VICI Properties Inc. $VICI Shares Acquired by Amundi

Amundi raised its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 60.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,045,098 shares of the company’s stock after buying an additional 1,523,801 shares during the period. Amundi’s holdings in VICI Properties were worth $134,742,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chesley Taft & Associates LLC boosted its holdings in shares of VICI Properties by 3.6% during the second quarter. Chesley Taft & Associates LLC now owns 9,321 shares of the company’s stock worth $304,000 after purchasing an additional 324 shares during the period. Wright Investors Service Inc. lifted its stake in VICI Properties by 0.4% in the second quarter. Wright Investors Service Inc. now owns 74,517 shares of the company’s stock valued at $2,429,000 after acquiring an additional 330 shares during the last quarter. Heritage Wealth Advisors lifted its stake in VICI Properties by 18.9% in the second quarter. Heritage Wealth Advisors now owns 2,200 shares of the company’s stock valued at $72,000 after acquiring an additional 350 shares during the last quarter. Bell Investment Advisors Inc grew its position in VICI Properties by 32.7% in the second quarter. Bell Investment Advisors Inc now owns 1,424 shares of the company’s stock worth $46,000 after acquiring an additional 351 shares in the last quarter. Finally, Leo Wealth LLC increased its stake in shares of VICI Properties by 5.7% during the 2nd quarter. Leo Wealth LLC now owns 7,271 shares of the company’s stock worth $237,000 after purchasing an additional 391 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Price Performance

NYSE VICI opened at $27.71 on Monday. The stock has a 50-day simple moving average of $30.35 and a 200 day simple moving average of $31.88. VICI Properties Inc. has a twelve month low of $27.67 and a twelve month high of $34.03. The stock has a market capitalization of $29.62 billion, a PE ratio of 10.58, a P/E/G ratio of 2.76 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.60 and a current ratio of 3.60.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.59 by $0.01. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the business posted $0.57 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. Research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Wednesday, December 17th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.5%. The ex-dividend date is Wednesday, December 17th. VICI Properties’s dividend payout ratio is presently 68.70%.

Analyst Upgrades and Downgrades

VICI has been the subject of several analyst reports. Cantor Fitzgerald reduced their price objective on shares of VICI Properties from $37.00 to $35.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Scotiabank boosted their price target on VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, August 28th. The Goldman Sachs Group decreased their price target on VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Stifel Nicolaus lowered their price objective on VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Finally, JPMorgan Chase & Co. boosted their target price on VICI Properties from $37.00 to $38.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $34.71.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.