Commerzbank Aktiengesellschaft FI Lowers Stake in VICI Properties Inc. $VICI

Commerzbank Aktiengesellschaft FI lessened its holdings in VICI Properties Inc. (NYSE:VICI) by 20.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 113,148 shares of the company’s stock after selling 28,787 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in VICI Properties were worth $3,091,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VICI. Bayban purchased a new position in shares of VICI Properties during the fourth quarter valued at approximately $25,000. State of Wyoming purchased a new stake in shares of VICI Properties in the 2nd quarter worth approximately $26,000. Evolution Wealth Management Inc. purchased a new stake in shares of VICI Properties in the 4th quarter worth approximately $28,000. Headlands Technologies LLC purchased a new stake in shares of VICI Properties in the 2nd quarter worth approximately $28,000. Finally, Reflection Asset Management bought a new position in VICI Properties during the 4th quarter valued at approximately $29,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on VICI shares. Barclays boosted their target price on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Morgan Stanley reduced their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, VICI Properties has an average rating of “Moderate Buy” and an average target price of $32.21.

VICI Properties Price Performance

VICI opened at $26.80 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The stock has a market capitalization of $28.64 billion, a P/E ratio of 9.18 and a beta of 0.65. The company’s 50-day simple moving average is $27.40 and its two-hundred day simple moving average is $28.13. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly 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 net margin of 76.83% and a return on equity of 11.05%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the firm posted $0.58 EPS. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.7%. 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.