VICI Properties Inc. $VICI Shares Sold by Capital International Investors

Capital International Investors decreased its position in VICI Properties Inc. (NYSE:VICI) by 69.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,775,779 shares of the company’s stock after selling 42,095,190 shares during the quarter. Capital International Investors’ holdings in VICI Properties were worth $612,204,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Legal & General Group Plc raised its holdings in shares of VICI Properties by 5.1% in the 3rd quarter. Legal & General Group Plc now owns 13,351,543 shares of the company’s stock valued at $435,394,000 after buying an additional 646,118 shares during the period. Banque Cantonale Vaudoise lifted its stake in VICI Properties by 85.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 56,891 shares of the company’s stock worth $1,855,000 after acquiring an additional 26,280 shares in the last quarter. Vestcor Inc boosted its holdings in VICI Properties by 110.9% during the 3rd quarter. Vestcor Inc now owns 407,057 shares of the company’s stock valued at $13,274,000 after acquiring an additional 214,087 shares during the period. SMH Capital Advisors Inc. grew its position in VICI Properties by 7.4% in the 3rd quarter. SMH Capital Advisors Inc. now owns 44,111 shares of the company’s stock valued at $1,323,000 after acquiring an additional 3,041 shares in the last quarter. Finally, Schroder Investment Management Group grew its position in VICI Properties by 40.5% in the 3rd quarter. Schroder Investment Management Group now owns 61,335 shares of the company’s stock valued at $2,000,000 after acquiring an additional 17,675 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VICI. Evercore reissued an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Mizuho cut their target price on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 17th. Wells Fargo & Company reiterated an “equal weight” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Finally, Robert W. Baird decreased their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $33.69.

VICI Properties Price Performance

VICI stock opened at $29.28 on Wednesday. The business’s 50-day moving average is $28.90 and its two-hundred day moving average is $30.02. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The firm has a market capitalization of $31.29 billion, a P/E ratio of 11.22, a P/E/G ratio of 3.38 and a beta of 0.67. VICI Properties Inc. has a 1 year low of $27.48 and a 1 year high of $34.01.

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

VICI Properties Dividend Announcement

The company also recently declared 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. This represents a $1.80 annualized dividend and a yield of 6.1%. The ex-dividend date is Thursday, March 19th. VICI Properties’s 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.