10,604,710 Shares in VICI Properties Inc. $VICI Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in shares of VICI Properties Inc. (NYSE:VICI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,604,710 shares of the company’s stock, valued at approximately $281,629,000.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of VICI Properties by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock valued at $4,455,820,000 after purchasing an additional 1,705,855 shares in the last quarter. BlackRock Inc. bought a new position in VICI Properties during the second quarter valued at $3,433,817,000. State Street Corp grew its stake in shares of VICI Properties by 1.7% in the 4th quarter. State Street Corp now owns 63,619,919 shares of the company’s stock worth $1,817,165,000 after buying an additional 1,080,992 shares in the last quarter. Geode Capital Management LLC increased its holdings 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 buying an additional 1,037,345 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its holdings 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 buying an additional 2,305,719 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 1.8%

NYSE:VICI opened at $26.31 on Wednesday. VICI Properties Inc. has a 1-year low of $25.81 and a 1-year high of $33.92. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market capitalization of $28.97 billion, a P/E ratio of 10.20 and a beta of 0.65. The company’s fifty day moving average price is $26.53 and its 200-day moving average price is $27.82.

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

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 69.77%.

Wall Street Analyst Weigh In

VICI has been the topic of several recent research reports. Royal Bank Of Canada initiated coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price target on the stock. Wells Fargo & Company lowered their price target on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Scotiabank dropped their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Finally, Robert W. Baird set a $32.00 price objective on VICI Properties in a report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, VICI Properties currently has a consensus rating of “Hold” and a consensus price target of $31.29.

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.