Arrowstreet Capital Limited Partnership Sells 697,558 Shares of VICI Properties Inc. $VICI

Arrowstreet Capital Limited Partnership trimmed its stake in VICI Properties Inc. (NYSE:VICI) by 30.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,599,611 shares of the company’s stock after selling 697,558 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in VICI Properties were worth $43,701,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Corrado Advisors LLC raised its position in shares of VICI Properties by 0.8% during the first quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock valued at $1,374,000 after buying an additional 393 shares during the last quarter. Farther Finance Advisors LLC grew its position in VICI Properties by 2.9% during the fourth quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock worth $431,000 after buying an additional 434 shares in the last quarter. West Paces Advisors Inc. grew its position in VICI Properties by 2.4% during the fourth quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock worth $513,000 after buying an additional 435 shares in the last quarter. Brookstone Capital Management increased its stake in VICI Properties by 6.6% during the fourth quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock valued at $202,000 after acquiring an additional 444 shares during the period. Finally, Beacon Investment Advisors LLC increased its stake in VICI Properties by 3.4% during the fourth quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock valued at $393,000 after acquiring an additional 455 shares during the period. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on VICI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Royal Bank Of Canada started coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective on the stock. Morgan Stanley cut their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Finally, Wells Fargo & Company reduced their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $31.77.

VICI Properties Stock Up 0.1%

NYSE VICI opened at $26.76 on Tuesday. VICI Properties Inc. has a 1-year low of $25.82 and a 1-year high of $34.01. The company has a market capitalization of $28.61 billion, a price-to-earnings ratio of 9.17 and a beta of 0.65. The stock’s 50 day moving average is $27.24 and its two-hundred day moving average is $28.08. The company has a current ratio of 3.62, a quick 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 analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio is 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.