VICI Properties Inc. $VICI Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its position in VICI Properties Inc. (NYSE:VICI) by 8.0% in the fourth quarter, HoldingsChannel reports. The firm owned 8,433,668 shares of the company’s stock after buying an additional 622,099 shares during the period. Hsbc Holdings PLC’s holdings in VICI Properties were worth $237,187,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its stake in shares of VICI Properties by 34.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 831,277 shares of the company’s stock valued at $23,393,000 after buying an additional 211,311 shares during the period. World Investment Advisors lifted its holdings in VICI Properties by 160.4% in the fourth quarter. World Investment Advisors now owns 29,563 shares of the company’s stock valued at $831,000 after acquiring an additional 18,210 shares during the last quarter. Bayban acquired a new position in VICI Properties in the fourth quarter valued at approximately $25,000. Rehmann Capital Advisory Group grew its position in VICI Properties by 5.9% in the fourth quarter. Rehmann Capital Advisory Group now owns 8,686 shares of the company’s stock worth $244,000 after acquiring an additional 483 shares during the period. Finally, SHP Wealth Management purchased a new position in VICI Properties in the fourth quarter worth approximately $196,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

VICI stock opened at $27.19 on Friday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $29.07 billion, a PE ratio of 9.31 and a beta of 0.65. VICI Properties Inc. has a 12-month low of $26.08 and a 12-month high of $34.01. The business’s fifty day moving average price is $27.90 and its 200 day moving average price is $28.27.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) 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 analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned $0.58 EPS. VICI Properties’s revenue 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, sell-side analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 61.64%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a report on Monday, May 4th. Barclays boosted their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Scotiabank decreased their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Finally, Royal Bank Of Canada began coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.86.

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.