Cibc World Market Inc. Has $21.08 Million Holdings in VICI Properties Inc. $VICI

Cibc World Market Inc. increased its stake in VICI Properties Inc. (NYSE:VICI) by 24.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 749,624 shares of the company’s stock after purchasing an additional 145,328 shares during the period. Cibc World Market Inc. owned approximately 0.07% of VICI Properties worth $21,079,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of VICI Properties by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after buying an additional 1,705,855 shares during the last quarter. State Street Corp boosted its stake in shares of VICI Properties by 4.8% during the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company’s stock worth $2,065,862,000 after buying an additional 2,844,265 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of VICI Properties by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock worth $1,030,716,000 after buying an additional 1,037,345 shares during the last quarter. Bank of America Corp DE boosted its stake 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 buying an additional 3,968,349 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of VICI Properties by 7.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,409,381 shares of the company’s stock worth $763,380,000 after buying an additional 1,598,238 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Mizuho reiterated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research note on Monday, May 4th. Robert W. Baird cut their target price 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. Finally, Scotiabank raised their target price on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Stock Up 2.5%

VICI Properties stock opened at $27.88 on Friday. The stock has a market cap of $29.81 billion, a P/E ratio of 9.55 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 Inc. has a twelve month low of $26.55 and a twelve month high of $34.01. The company’s 50-day moving average price is $28.16 and its two-hundred day moving average price is $28.45.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping 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 company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the firm earned $0.58 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

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 issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

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.