IFM Investors Pty Ltd Acquires 51,909 Shares of VICI Properties Inc. $VICI

IFM Investors Pty Ltd grew its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 11.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 523,362 shares of the company’s stock after acquiring an additional 51,909 shares during the period. IFM Investors Pty Ltd’s holdings in VICI Properties were worth $14,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in VICI Properties by 24.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after purchasing an additional 173,013 shares in the last quarter. Bank of America Corp DE increased its stake in shares of VICI Properties by 17.9% in the third 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. California Public Employees Retirement System raised its position 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 valued at $112,664,000 after purchasing an additional 1,052,393 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its position in shares of VICI Properties by 24.9% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after purchasing an additional 1,406,897 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of VICI Properties during the 3rd quarter valued at $13,926,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Stock Down 1.0%

VICI opened at $26.29 on Thursday. The firm has a 50-day simple moving average of $27.93 and a two-hundred day simple moving average of $28.28. 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 $28.10 billion, a PE ratio of 9.00 and a beta of 0.65. 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 (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the firm posted $0.58 earnings per share. The business’s revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal 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 given 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 6.8%. VICI Properties’s dividend payout ratio (DPR) is 61.64%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Scotiabank dropped their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Mizuho reiterated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Finally, Barclays lifted 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. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $32.86.

VICI Properties Company 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.