Capital Research Global Investors Lowers Position in VICI Properties Inc. $VICI

Capital Research Global Investors lessened its stake in VICI Properties Inc. (NYSE:VICI) by 47.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,852,486 shares of the company’s stock after selling 24,500,786 shares during the period. Capital Research Global Investors owned about 2.51% of VICI Properties worth $755,092,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its position in VICI Properties by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after purchasing an additional 1,705,855 shares in the last quarter. State Street Corp boosted its position in VICI Properties by 4.8% in the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company’s stock worth $2,065,862,000 after purchasing an additional 2,844,265 shares in the last quarter. Geode Capital Management LLC boosted its position in VICI Properties by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock worth $1,030,716,000 after purchasing an additional 1,037,345 shares in the last quarter. Bank of America Corp DE boosted its position in VICI Properties by 17.9% in the 3rd 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. Finally, JPMorgan Chase & Co. boosted its position in VICI Properties by 7.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,409,381 shares of the company’s stock worth $763,380,000 after purchasing an additional 1,598,238 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on VICI shares. Robert W. Baird dropped their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Barclays raised their price objective on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Scotiabank raised their price objective on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and an average target price of $33.38.

VICI Properties Trading Up 0.1%

Shares of NYSE:VICI opened at $27.88 on Monday. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01. The firm has a market capitalization of $29.81 billion, a price-to-earnings ratio of 9.55 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The business’s 50 day moving average price is $28.16 and its 200-day moving average price is $28.44.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) 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 firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the firm posted $0.58 EPS. The business’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. On average, equities research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

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

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.