Commerzbank Aktiengesellschaft FI Sells 28,787 Shares of VICI Properties Inc. $VICI

Commerzbank Aktiengesellschaft FI decreased its position in VICI Properties Inc. (NYSE:VICI) by 20.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 113,148 shares of the company’s stock after selling 28,787 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in VICI Properties were worth $3,091,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Corrado Advisors LLC increased its position in shares of VICI Properties by 0.8% during the 1st quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock valued at $1,374,000 after purchasing an additional 393 shares during the last quarter. Farther Finance Advisors LLC grew its position in VICI Properties by 2.9% during the fourth quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock valued at $431,000 after buying an additional 434 shares during the period. West Paces Advisors Inc. grew its position in VICI Properties by 2.4% during the fourth quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock valued at $513,000 after buying an additional 435 shares during the period. Brookstone Capital Management increased its holdings in VICI Properties by 6.6% during the fourth quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock valued at $202,000 after buying an additional 444 shares during the last quarter. Finally, Beacon Investment Advisors LLC increased its holdings in VICI Properties by 3.4% during the fourth quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock valued at $393,000 after buying an additional 455 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Barclays increased their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Morgan Stanley reduced their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Wells Fargo & Company decreased their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research report on Monday, May 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $32.21.

VICI Properties Stock Performance

VICI opened at $26.80 on Tuesday. The company has a 50 day simple moving average of $27.40 and a two-hundred day simple moving average of $28.13. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The firm has a market cap of $28.64 billion, a P/E ratio of 9.18 and a beta of 0.65. VICI Properties Inc. has a 1-year low of $25.82 and a 1-year high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS 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 the consensus estimate of $1.01 billion. During the same period last year, the firm earned $0.58 EPS. The company’s revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

About VICI Properties

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.