VICI Properties Inc. $VICI Stock: Robeco Institutional Asset Management B.V. Decreases Holdings

Robeco Institutional Asset Management B.V. trimmed its position in VICI Properties Inc. (NYSE:VICI) by 39.8% in the third quarter, Holdings Channel reports. The firm owned 3,353,806 shares of the company’s stock after selling 2,221,297 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in VICI Properties were worth $77,037,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VICI. Dynamic Wealth Strategies LLC acquired a new stake in VICI Properties during the first quarter valued at approximately $25,000. Sachetta LLC lifted its holdings in VICI Properties by 213.1% during the 1st quarter. Sachetta LLC now owns 1,171 shares of the company’s stock worth $32,000 after buying an additional 797 shares during the last quarter. Silvant Capital Management LLC bought a new position in VICI Properties during the 2nd quarter worth approximately $33,000. Physician Wealth Advisors Inc. lifted its holdings in VICI Properties by 54.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,369 shares of the company’s stock worth $37,000 after buying an additional 483 shares during the last quarter. Finally, Atlatl Advisers LLC bought a new position in VICI Properties during the 2nd quarter worth approximately $38,000. 97.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on VICI shares. Scotiabank decreased their target price on VICI Properties from $29.00 to $26.00 and set a “sector perform” rating for the company in a research report on Thursday, September 24th. Raymond James Financial set a $29.00 price target on VICI Properties in a research report on Thursday, August 13th. Citizens Jmp reduced their price objective on VICI Properties from $35.00 to $31.00 and set a “market outperform” rating on the stock in a research note on Friday, October 2nd. JPMorgan Chase & Co. cut VICI Properties from an “overweight” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a research note on Thursday, September 24th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of VICI Properties in a report on Friday, July 31st. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.81.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $23.13 on Thursday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a fifty-two week low of $22.42 and a fifty-two week high of $31.69. The firm has a 50-day simple moving average of $24.45 and a 200 day simple moving average of $26.43. The company has a market cap of $25.47 billion, a PE ratio of 8.97 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the company earned $0.60 EPS. VICI Properties’s revenue was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, sell-side analysts anticipate that VICI Properties Inc. will post 2.47 EPS for the current year.

VICI Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 8.0%. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Thursday, September 17th. VICI Properties’s dividend payout ratio is currently 71.32%.

VICI Properties Profile

VICI Properties Inc (NYSE:VICI) is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company’s portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.

VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.

The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.