Cibc World Market Inc. Has $21.08 Million Stock Position in VICI Properties Inc. $VICI

Cibc World Market Inc. grew its stake in shares of VICI Properties Inc. (NYSE:VICI) by 24.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 749,624 shares of the company’s stock after acquiring an additional 145,328 shares during the period. Cibc World Market Inc.’s holdings in VICI Properties were worth $21,079,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VICI. NewEdge Advisors LLC grew its stake in shares of VICI Properties by 204.4% during 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 during the last quarter. Woodline Partners LP grew its stake in shares of VICI Properties by 41.3% during the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after buying an additional 26,017 shares during the last quarter. Jump Financial LLC grew its stake in shares of VICI Properties by 45.0% in the second quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock worth $867,000 after purchasing an additional 8,259 shares during the last quarter. Treasurer of the State of North Carolina grew its stake in shares of VICI Properties by 96.0% in the second quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of VICI Properties by 1.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after purchasing an additional 2,775 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

Shares of NYSE VICI opened at $27.88 on Friday. The firm’s 50-day moving average price is $28.16 and its 200-day moving average price is $28.45. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The firm has a market capitalization of $29.81 billion, a P/E ratio of 9.55 and a beta of 0.65. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio is currently 61.64%.

Analyst Ratings Changes

Several analysts recently weighed in on VICI shares. Scotiabank boosted their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Barclays boosted their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research note on Monday, May 4th. Finally, Mizuho reissued a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties 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.