VICI Properties Inc. $VICI Stock Position Raised by Amundi

Amundi boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 60.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,045,098 shares of the company’s stock after acquiring an additional 1,523,801 shares during the period. Amundi owned about 0.38% of VICI Properties worth $134,742,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Swiss National Bank lifted its holdings in shares of VICI Properties by 0.5% in the 1st quarter. Swiss National Bank now owns 2,973,204 shares of the company’s stock worth $96,986,000 after purchasing an additional 14,900 shares during the last quarter. Citigroup Inc. increased its position in VICI Properties by 33.2% in the first quarter. Citigroup Inc. now owns 1,350,633 shares of the company’s stock worth $44,058,000 after buying an additional 336,960 shares during the period. National Bank of Canada FI lifted its stake in VICI Properties by 26.0% in the first quarter. National Bank of Canada FI now owns 357,663 shares of the company’s stock valued at $11,667,000 after buying an additional 73,726 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in VICI Properties in the first quarter valued at $59,000. Finally, Townsquare Capital LLC boosted its holdings in shares of VICI Properties by 50.3% during the first quarter. Townsquare Capital LLC now owns 40,953 shares of the company’s stock valued at $1,336,000 after acquiring an additional 13,705 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Evercore ISI reiterated an “in-line” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Mizuho raised their price target on shares of VICI Properties from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, September 11th. JPMorgan Chase & Co. lifted their price target on VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. The Goldman Sachs Group decreased their price objective on VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, November 28th. Finally, Scotiabank raised their target price on VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and an average target price of $34.71.

VICI Properties Trading Down 1.0%

VICI Properties stock opened at $27.71 on Monday. VICI Properties Inc. has a 12-month low of $27.67 and a 12-month high of $34.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60. The stock has a market capitalization of $29.62 billion, a PE ratio of 10.58, a price-to-earnings-growth ratio of 2.76 and a beta of 0.70. The firm has a 50 day simple moving average of $30.35 and a 200-day simple moving average of $31.88.

VICI Properties (NYSE:VICI) last announced its earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.59 by $0.01. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, equities research analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th will be issued a $0.45 dividend. The ex-dividend date is Wednesday, December 17th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio is 68.70%.

VICI Properties Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.