VICI Properties Inc. $VICI Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG reduced its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 48.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,470 shares of the company’s stock after selling 83,717 shares during the period. Raiffeisen Bank International AG’s holdings in VICI Properties were worth $2,405,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in shares of VICI Properties by 204.4% in the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after acquiring an additional 25,234 shares in the last quarter. Woodline Partners LP grew its stake in VICI Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Jump Financial LLC grew its stake in VICI Properties by 45.0% during the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock worth $867,000 after purchasing an additional 8,259 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings in VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in VICI Properties by 1.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after purchasing an additional 2,775 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Mizuho lowered their price target on shares of VICI Properties from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday. Wells Fargo & Company reduced their price objective on shares of VICI Properties from $27.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday. Barclays decreased their price objective on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Finally, Raymond James Financial set a $29.00 target price on VICI Properties in a report on Thursday, August 13th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, VICI Properties presently has an average rating of “Hold” and an average price target of $31.00.

VICI Properties Stock Performance

Shares of VICI opened at $25.39 on Friday. The stock has a 50 day moving average price of $26.39 and a 200 day moving average price of $27.64. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $27.96 billion, a price-to-earnings ratio of 9.84 and a beta of 0.65. VICI Properties Inc. has a 52-week low of $25.34 and a 52-week high of $33.82.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the company earned $0.60 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be given a $0.46 dividend. This is a positive change from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 7.2%. VICI Properties’s payout ratio is 69.77%.

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.