VICI Properties Inc. $VICI Stock Holdings Raised by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its stake in VICI Properties Inc. (NYSE:VICI) by 17.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 716,974 shares of the company’s stock after purchasing an additional 106,563 shares during the period. Illinois Municipal Retirement Fund owned 0.07% of VICI Properties worth $20,161,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of VICI Properties by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after purchasing an additional 1,705,855 shares during the last quarter. State Street Corp increased its position in shares of VICI Properties by 4.8% in the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company’s stock worth $2,065,862,000 after purchasing an additional 2,844,265 shares during the last quarter. Geode Capital Management LLC increased its position in shares of VICI Properties by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock worth $1,030,716,000 after purchasing an additional 1,037,345 shares during the last quarter. Allianz Asset Management GmbH increased its position in shares of VICI Properties by 8.2% in the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock worth $851,821,000 after purchasing an additional 2,305,719 shares during the last quarter. Finally, Bank of America Corp DE increased its position 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 worth $853,087,000 after purchasing an additional 3,968,349 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on VICI shares. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research report on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Robert W. Baird lowered their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Mizuho reiterated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Barclays boosted their target price on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.38.

VICI Properties Stock Up 1.6%

VICI stock opened at $28.47 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The firm has a fifty day moving average price of $28.22 and a two-hundred day moving average price of $28.42. The firm has a market cap of $30.43 billion, a price-to-earnings ratio of 9.75 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio is currently 61.64%.

VICI Properties 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.