VICI Properties Inc. $VICI Shares Bought by Prudential PLC

Prudential PLC lifted its stake in VICI Properties Inc. (NYSE:VICI) by 44.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 717,943 shares of the company’s stock after buying an additional 219,388 shares during the period. Prudential PLC owned approximately 0.07% of VICI Properties worth $23,412,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Aptus Capital Advisors LLC boosted its holdings in VICI Properties by 5.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock worth $216,000 after acquiring an additional 329 shares during the period. Arete Wealth Advisors LLC raised its stake in shares of VICI Properties by 3.8% during the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of VICI Properties by 3.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after purchasing an additional 337 shares in the last quarter. Heritage Wealth Advisors lifted its position in shares of VICI Properties by 18.9% during the second quarter. Heritage Wealth Advisors now owns 2,200 shares of the company’s stock worth $72,000 after purchasing an additional 350 shares in the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of VICI Properties by 32.7% in the second quarter. Bell Investment Advisors Inc now owns 1,424 shares of the company’s stock valued at $46,000 after purchasing an additional 351 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on VICI shares. The Goldman Sachs Group dropped their price target on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Barclays dropped their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. Wells Fargo & Company reiterated an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Finally, Cantor Fitzgerald set a $33.00 price target on VICI Properties in a report on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Trading Down 0.9%

Shares of NYSE VICI opened at $28.43 on Friday. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59. The stock’s 50 day moving average price is $28.92 and its two-hundred day moving average price is $29.97. VICI Properties Inc. has a 52-week low of $27.48 and a 52-week high of $34.01. The stock has a market capitalization of $30.40 billion, a P/E ratio of 10.89, a PEG ratio of 3.29 and a beta of 0.67.

VICI Properties (NYSE:VICI) last issued its 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). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the business posted $0.57 EPS. VICI Properties’s revenue was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties’s payout ratio is currently 68.97%.

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.