Epoch Investment Partners Inc. Grows Stake in VICI Properties Inc. $VICI

Epoch Investment Partners Inc. boosted its position in shares of VICI Properties Inc. (NYSE:VICI) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,109,079 shares of the company’s stock after purchasing an additional 99,441 shares during the quarter. Epoch Investment Partners Inc.’s holdings in VICI Properties were worth $59,307,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Citigroup Inc. boosted its position in VICI Properties by 117.1% during the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after acquiring an additional 1,691,653 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in VICI Properties by 24.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after acquiring an additional 173,013 shares in the last quarter. Bank of America Corp DE boosted its position in 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 valued at $853,087,000 after acquiring an additional 3,968,349 shares in the last quarter. California Public Employees Retirement System boosted its position in 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 acquiring an additional 1,052,393 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in 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 0.1%

Shares of VICI stock opened at $28.50 on Monday. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The stock’s fifty day moving average price is $28.26 and its 200 day moving average price is $28.41. 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 company has a market cap of $30.46 billion, a price-to-earnings ratio of 9.76 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share 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 the consensus estimate of $1.01 billion. During the same period in the previous year, the business earned $0.58 EPS. The firm’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. On average, research analysts expect 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. Investors of record on Thursday, June 18th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, June 18th. VICI Properties’s payout ratio is 61.64%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research report on Monday, May 4th. 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. Mizuho reaffirmed a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Finally, Scotiabank increased their target price on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.

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.