Vanderbilt University Lowers Stock Holdings in VICI Properties Inc. $VICI

Vanderbilt University cut its holdings in VICI Properties Inc. (NYSE:VICI) by 33.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 60,600 shares of the company’s stock after selling 29,790 shares during the period. Vanderbilt University’s holdings in VICI Properties were worth $1,656,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VICI. Norges Bank purchased a new stake in shares of VICI Properties in the fourth quarter valued at $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in VICI Properties by 31,134.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock worth $287,336,000 after buying an additional 10,185,477 shares during the period. Man Group plc lifted its position 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 buying an additional 5,720,867 shares during the period. Voloridge Investment Management LLC boosted its stake in VICI Properties by 247.8% in the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after buying an additional 5,551,620 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in VICI Properties by 1,001.4% in the 1st quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock worth $154,609,000 after buying an additional 5,145,372 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

VICI has been the subject of several recent analyst reports. Barclays lifted their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Mizuho reissued a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Scotiabank lowered their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research report on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.15.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $26.78 on Thursday. The business’s fifty day moving average price is $28.10 and its 200 day moving average price is $28.32. VICI Properties Inc. has a twelve month low of $26.08 and a twelve month high of $34.01. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $28.62 billion, a P/E ratio of 9.17 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, research 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 announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio is 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.