VICI Properties Inc. $VICI Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 2.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,209,246 shares of the company’s stock after purchasing an additional 1,037,345 shares during the quarter. Geode Capital Management LLC owned about 3.39% of VICI Properties worth $1,030,716,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Citigroup Inc. lifted its position in shares of VICI Properties by 117.1% during the third quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after purchasing an additional 1,691,653 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of VICI Properties by 24.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock worth $24,817,000 after purchasing an additional 173,013 shares in the last quarter. Allianz Asset Management GmbH lifted its position in shares of VICI Properties by 11.7% during the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after purchasing an additional 2,937,039 shares in the last quarter. Bank of America Corp DE lifted its position in shares of VICI Properties by 17.9% during the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after purchasing an additional 3,968,349 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of VICI Properties by 43.8% during the third quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock worth $112,664,000 after purchasing an additional 1,052,393 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Robert W. Baird reduced their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays raised their target price 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. Scotiabank raised their target price on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Stock Performance

Shares of VICI Properties stock opened at $28.23 on Friday. The firm has a market capitalization of $30.17 billion, a P/E ratio of 9.67 and a beta of 0.67. 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. The firm’s 50 day moving average is $28.13 and its two-hundred day moving average is $28.56.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. 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. Research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.4%. The ex-dividend date was Thursday, March 19th. VICI Properties’s dividend payout ratio is currently 61.64%.

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.