Deutsche Bank AG Invests $91.97 Million in VICI Properties Inc. $VICI

Deutsche Bank AG bought a new position in shares of VICI Properties Inc. (NYSE:VICI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,463,910 shares of the company’s stock, valued at approximately $91,967,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI bought a new position in shares of VICI Properties during the 2nd quarter valued at $4,110,000. Pursue Wealth Partners LLC bought a new stake in shares of VICI Properties during the second quarter valued at approximately $239,000. Principle Wealth Partners LLC purchased a new stake in VICI Properties during the second quarter valued at $216,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of VICI Properties during the 2nd quarter worth about $95,838,000. Finally, Persistent Asset Partners Ltd bought a new position in VICI Properties in the second quarter worth approximately $85,000. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Robert W. Baird set a $32.00 price objective on shares of VICI Properties in a report on Thursday, July 30th. Raymond James Financial set a $29.00 price target on shares of VICI Properties in a research note on Thursday, August 13th. Barclays dropped their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Cantor Fitzgerald cut their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Finally, Wells Fargo & Company cut their price target on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $31.29.

VICI Properties Trading Up 0.9%

VICI stock opened at $26.62 on Friday. The firm has a market cap of $29.31 billion, a P/E ratio of 10.32 and a beta of 0.65. VICI Properties Inc. has a 1-year low of $25.81 and a 1-year high of $33.92. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $26.63 and its 200-day moving average is $27.85.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. VICI Properties’s dividend payout ratio (DPR) is 69.77%.

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.