VICI Properties Inc. $VICI Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al cut its holdings in VICI Properties Inc. (NYSE:VICI) by 37.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,154,640 shares of the company’s stock after selling 1,312,117 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.20% of VICI Properties worth $60,588,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. State of Wyoming acquired a new position in shares of VICI Properties in the 2nd quarter valued at about $26,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties in the 2nd quarter valued at about $28,000. BOKF NA acquired a new position in shares of VICI Properties in the 3rd quarter valued at about $30,000. Avalon Trust Co acquired a new position in shares of VICI Properties in the 3rd quarter valued at about $35,000. Finally, Key Capital Management INC acquired a new position in shares of VICI Properties in the 4th quarter valued at about $37,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Barclays lifted their price target on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Robert W. Baird cut their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Finally, Scotiabank lifted their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Stock Down 1.2%

VICI stock opened at $28.57 on Wednesday. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01. The company has a market capitalization of $30.54 billion, a price-to-earnings ratio of 9.78 and a beta of 0.67. The firm’s 50-day moving average is $28.35 and its two-hundred day moving average is $28.73. 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 released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the firm earned $0.58 EPS. VICI Properties’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. On average, analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Thursday, March 19th. VICI Properties’s 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.