Daiwa Securities Group Inc. Sells 3,778,554 Shares of VICI Properties Inc. $VICI

Daiwa Securities Group Inc. lowered its position in shares of VICI Properties Inc. (NYSE:VICI) by 82.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 785,617 shares of the company’s stock after selling 3,778,554 shares during the period. Daiwa Securities Group Inc. owned about 0.07% of VICI Properties worth $22,092,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in VICI Properties during the second quarter worth about $26,000. Headlands Technologies LLC bought a new stake in VICI Properties during the second quarter worth about $28,000. BOKF NA bought a new stake in VICI Properties during the third quarter worth about $30,000. Evolution Wealth Management Inc. bought a new stake in VICI Properties during the fourth quarter worth about $28,000. Finally, Avalon Trust Co bought a new stake in VICI Properties during the third quarter worth about $35,000. Institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Scotiabank lifted their price target on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Barclays lifted their price target on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Robert W. Baird dropped their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Mizuho reaffirmed a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $33.38.

VICI Properties Trading Up 2.5%

NYSE VICI opened at $27.88 on Friday. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average of $28.16 and a 200-day moving average of $28.45. The firm has a market cap of $29.81 billion, a PE ratio of 9.55 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the company posted $0.58 EPS. VICI Properties’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, sell-side analysts forecast 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. Stockholders of record on Thursday, June 18th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s 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.