VICI Properties Inc. $VICI Shares Sold by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands decreased its holdings in VICI Properties Inc. (NYSE:VICI) by 7.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 172,000 shares of the company’s stock after selling 14,000 shares during the period. VICI Properties comprises approximately 3.7% of Pensionfund DSM Netherlands’ portfolio, making the stock its 8th largest position. Pensionfund DSM Netherlands’ holdings in VICI Properties were worth $5,611,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VICI. CoreCap Advisors LLC grew its stake in shares of VICI Properties by 5,555.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares in the last quarter. Lazard Asset Management LLC grew its stake in shares of VICI Properties by 1,219.6% in the fourth quarter. Lazard Asset Management LLC now owns 198,849 shares of the company’s stock worth $5,808,000 after acquiring an additional 183,780 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of VICI Properties by 29.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 170,611 shares of the company’s stock worth $4,976,000 after purchasing an additional 38,763 shares in the last quarter. OMERS ADMINISTRATION Corp grew its stake in shares of VICI Properties by 20.4% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 43,345 shares of the company’s stock worth $1,266,000 after purchasing an additional 7,345 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new position in shares of VICI Properties during the fourth quarter worth $4,664,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on VICI shares. Citigroup reiterated a “market outperform” rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Stifel Nicolaus boosted their target price on shares of VICI Properties from $34.75 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. JMP Securities set a $35.00 target price on shares of VICI Properties in a research note on Tuesday, July 22nd. Wells Fargo & Company boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Finally, Morgan Stanley boosted their target price on shares of VICI Properties from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 8th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $35.83.

VICI Properties Price Performance

Shares of VICI opened at $33.16 on Friday. VICI Properties Inc. has a 1-year low of $27.98 and a 1-year high of $34.29. The stock has a market cap of $35.36 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 3.31 and a beta of 0.70. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.74 and a quick ratio of 1.74. The firm has a fifty day moving average price of $33.15 and a 200 day moving average price of $32.37.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.60. VICI Properties had a net margin of 70.20% and a return on equity of 10.21%. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $991.59 million. During the same period in the previous year, the company earned $0.57 earnings per share. VICI Properties’s quarterly revenue was up 4.6% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. As a group, sell-side analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 18th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 5.4%. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, September 18th. VICI Properties’s dividend payout ratio is presently 68.97%.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.