VICI Properties Inc. $VICI Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC lessened its holdings in VICI Properties Inc. (NYSE:VICI) by 92.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 111,309 shares of the company’s stock after selling 1,345,875 shares during the period. NewEdge Wealth LLC’s holdings in VICI Properties were worth $3,130,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VICI. Citigroup Inc. lifted its stake in VICI Properties by 117.1% during the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after acquiring an additional 1,691,653 shares in the last quarter. Allianz Asset Management GmbH raised its position in VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock valued at $912,644,000 after purchasing an additional 2,937,039 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in VICI Properties by 24.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after purchasing an additional 173,013 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its position in VICI Properties by 482.5% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 140,436 shares of the company’s stock valued at $4,580,000 after purchasing an additional 116,325 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after acquiring an additional 3,968,349 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Performance

NYSE VICI opened at $28.57 on Wednesday. The stock has a market cap of $30.54 billion, a price-to-earnings ratio of 9.78 and a beta of 0.67. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The business has a fifty day moving average of $28.35 and a 200-day moving average of $28.73.

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

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. VICI Properties’s payout ratio is currently 61.64%.

Analyst Ratings Changes

VICI has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Scotiabank lifted their target price on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday. Barclays raised 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

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.