Centersquare Investment Management LLC Sells 126,232 Shares of VICI Properties Inc. $VICI

Centersquare Investment Management LLC reduced its holdings in VICI Properties Inc. (NYSE:VICI) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,173,251 shares of the company’s stock after selling 126,232 shares during the quarter. VICI Properties accounts for about 1.2% of Centersquare Investment Management LLC’s investment portfolio, making the stock its 27th largest holding. Centersquare Investment Management LLC’s holdings in VICI Properties were worth $117,352,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. State of Wyoming bought a new stake in shares of VICI Properties in the 2nd quarter worth approximately $26,000. Headlands Technologies LLC purchased a new position in shares of VICI Properties in the 2nd quarter valued at approximately $28,000. BOKF NA purchased a new position in shares of VICI Properties in the 3rd quarter valued at approximately $30,000. Evolution Wealth Management Inc. purchased a new position in shares of VICI Properties in the 4th quarter valued at approximately $28,000. Finally, Avalon Trust Co purchased a new position in shares of VICI Properties in the 3rd quarter valued at approximately $35,000. 97.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VICI. Barclays raised their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Mizuho restated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Scotiabank raised 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, May 12th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Trading Down 1.1%

VICI opened at $28.11 on Friday. The business has a 50 day moving average of $28.24 and a 200-day moving average of $28.41. The stock has a market cap of $30.05 billion, a PE ratio of 9.63 and a beta of 0.65. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01. 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 (NYSE:VICI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (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 analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. 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. Equities research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 6.4%. VICI Properties’s payout ratio is presently 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.