Robeco Institutional Asset Management B.V. Grows Position in VICI Properties Inc. $VICI

Robeco Institutional Asset Management B.V. grew its stake in VICI Properties Inc. (NYSE:VICI) by 22.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,582,239 shares of the company’s stock after buying an additional 478,459 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.24% of VICI Properties worth $84,207,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VICI. EP Wealth Advisors LLC raised its stake in VICI Properties by 13.0% during the 1st quarter. EP Wealth Advisors LLC now owns 10,126 shares of the company’s stock valued at $330,000 after purchasing an additional 1,161 shares during the period. Advisors Asset Management Inc. grew its holdings in VICI Properties by 7.8% during the 1st quarter. Advisors Asset Management Inc. now owns 36,384 shares of the company’s stock valued at $1,187,000 after buying an additional 2,642 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of VICI Properties by 5.0% during the first quarter. Integrated Wealth Concepts LLC now owns 37,411 shares of the company’s stock valued at $1,220,000 after buying an additional 1,774 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of VICI Properties by 22.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 208,071 shares of the company’s stock valued at $6,762,000 after buying an additional 37,460 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings 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 worth $1,226,000 after buying an additional 25,234 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Barclays decreased 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. Stifel Nicolaus cut their price target on VICI Properties from $35.00 to $34.00 and set a “buy” rating for the company in a report on Friday, October 31st. Finally, JPMorgan Chase & Co. lifted their price objective on VICI Properties from $37.00 to $38.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and a consensus target price of $34.31.

VICI Properties Price Performance

Shares of VICI stock opened at $27.85 on Wednesday. The stock has a 50 day moving average price of $28.83 and a 200 day moving average price of $31.29. VICI Properties Inc. has a 52-week low of $27.56 and a 52-week high of $34.03. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.60 and a current ratio of 3.60. The firm has a market capitalization of $29.76 billion, a P/E ratio of 10.63, a P/E/G ratio of 2.71 and a beta of 0.70.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.59 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 EPS. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th will be issued a dividend of $0.45 per share. The ex-dividend date is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a yield of 6.5%. VICI Properties’s dividend payout ratio is currently 68.70%.

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.