Commerzbank Aktiengesellschaft FI Makes New $4.11 Million Investment in VICI Properties Inc. $VICI

Commerzbank Aktiengesellschaft FI bought a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, HoldingsChannel reports. The fund bought 154,791 shares of the company’s stock, valued at approximately $4,110,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Norges Bank acquired a new position in shares of VICI Properties in the 4th quarter valued at about $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of VICI Properties by 31,134.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after buying an additional 10,185,477 shares during the last quarter. Man Group plc raised its stake in VICI Properties by 100.6% during the fourth quarter. Man Group plc now owns 11,406,537 shares of the company’s stock worth $320,752,000 after acquiring an additional 5,720,867 shares during the period. Voloridge Investment Management LLC raised its stake in VICI Properties by 247.8% during the fourth quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after acquiring an additional 5,551,620 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in VICI Properties in the second quarter worth about $140,237,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Trading Down 1.6%

Shares of NYSE:VICI opened at $25.95 on Tuesday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The company’s 50-day moving average price is $26.74 and its 200 day moving average price is $27.89. The company has a market cap of $28.57 billion, a PE ratio of 10.06 and a beta of 0.65. VICI Properties Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $33.92.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the company posted $0.60 EPS. VICI Properties’s revenue for the quarter was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Sell-side analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio is 69.77%.

Wall Street Analysts Forecast Growth

VICI has been the subject of a number of research reports. Barclays decreased their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Robert W. Baird set a $32.00 price target on VICI Properties in a research report on Thursday, July 30th. Royal Bank Of Canada started coverage on VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Raymond James Financial set a $29.00 price objective on VICI Properties in a research report on Thursday. Finally, Morgan Stanley lowered 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. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $31.29.

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.