111 Capital Sells 20,394 Shares of VICI Properties Inc. $VICI

111 Capital trimmed its stake in VICI Properties Inc. (NYSE:VICI) by 56.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,625 shares of the company’s stock after selling 20,394 shares during the period. 111 Capital’s holdings in VICI Properties were worth $439,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Citigroup Inc. grew its stake in VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after buying an additional 1,691,653 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of VICI Properties by 24.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after buying an additional 173,013 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of VICI Properties by 17.9% during the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after acquiring an additional 3,968,349 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of VICI Properties by 43.8% during the 3rd quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock worth $112,664,000 after acquiring an additional 1,052,393 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in VICI Properties in the third quarter worth $13,926,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Stock Performance

VICI Properties stock opened at $27.88 on Friday. The firm has a fifty day simple moving average of $28.16 and a two-hundred day simple moving average of $28.45. 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 twelve month low of $26.55 and a twelve month high of $34.01. The company has a market capitalization of $29.81 billion, a PE ratio of 9.55 and a beta of 0.65.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the business posted $0.58 earnings per share. The company’s revenue was up 3.5% on a year-over-year basis. 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 year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.5%. VICI Properties’s dividend payout ratio is currently 61.64%.

Analyst Ratings Changes

VICI has been the topic of a number of research analyst reports. Barclays increased their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Mizuho reiterated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Finally, Robert W. Baird dropped their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

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.