VICI Properties Inc. $VICI Shares Sold by Capital International Investors

Capital International Investors lowered its position in VICI Properties Inc. (NYSE:VICI) by 69.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 18,775,779 shares of the company’s stock after selling 42,095,190 shares during the period. Capital International Investors owned 1.76% of VICI Properties worth $612,204,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of VICI Properties by 0.5% in the third quarter. Vanguard Group Inc. now owns 156,751,453 shares of the company’s stock worth $5,111,665,000 after buying an additional 736,209 shares in the last quarter. State Street Corp grew its stake in VICI Properties by 2.1% during the 2nd quarter. State Street Corp now owns 59,694,662 shares of the company’s stock valued at $1,970,935,000 after acquiring an additional 1,204,476 shares in the last quarter. Geode Capital Management LLC raised its holdings in VICI Properties by 7.1% in the 2nd quarter. Geode Capital Management LLC now owns 34,618,730 shares of the company’s stock valued at $1,144,400,000 after acquiring an additional 2,281,688 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock valued at $912,644,000 after acquiring an additional 2,937,039 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake 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. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Ratings Changes

VICI has been the topic of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Cantor Fitzgerald set a $33.00 price objective on VICI Properties in a research report on Monday, January 5th. Wells Fargo & Company reissued an “equal weight” rating and set a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. The Goldman Sachs Group dropped their target price on VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, November 28th. Finally, Robert W. Baird cut their target price 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. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, VICI Properties presently has an average rating of “Moderate Buy” and an average target price of $33.69.

VICI Properties Stock Down 0.8%

Shares of NYSE VICI opened at $29.28 on Wednesday. The company has a 50 day simple moving average of $28.90 and a 200-day simple moving average of $30.02. The company has a market capitalization of $31.29 billion, a P/E ratio of 11.22, a P/E/G ratio of 3.38 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. VICI Properties Inc. has a 1 year low of $27.48 and a 1 year high of $34.01.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, equities research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties’s dividend payout ratio is 68.97%.

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.