Capital Research Global Investors Reduces Holdings in VICI Properties Inc. $VICI

Capital Research Global Investors reduced its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 4.1% in the third quarter, Holdings Channel reports. The institutional investor owned 51,353,272 shares of the company’s stock after selling 2,188,013 shares during the period. Capital Research Global Investors’ holdings in VICI Properties were worth $1,674,630,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. State of Wyoming purchased a new stake in VICI Properties in the 2nd quarter worth approximately $26,000. Parvin Asset Management LLC purchased a new position in shares of VICI Properties during the 2nd quarter valued at $27,000. Headlands Technologies LLC purchased a new stake in VICI Properties in the 2nd quarter worth $28,000. Godsey & Gibb Inc. purchased a new position in shares of VICI Properties in the third quarter valued at about $29,000. Finally, City Holding Co. purchased a new position in shares of VICI Properties in the third quarter worth $33,000. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VICI has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Monday, December 29th. Mizuho decreased their price objective on VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, December 17th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Scotiabank cut VICI Properties from a “sector outperform” rating to a “sector perform” rating and decreased their price objective for the company from $36.00 to $30.00 in a report on Friday, January 30th. Finally, Evercore restated an “in-line” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Stock Performance

Shares of NYSE VICI opened at $29.51 on Tuesday. The company has a market capitalization of $31.54 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 3.40 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. The company’s fifty day moving average price is $28.88 and its 200 day moving average price is $30.05. VICI Properties Inc. has a 1 year low of $27.48 and a 1 year high of $34.03.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.03). The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.1%. VICI Properties’s dividend payout ratio is 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.