CIBC Bancorp USA Inc. Purchases Shares of 427,044 VICI Properties Inc. $VICI

CIBC Bancorp USA Inc. acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 427,044 shares of the company’s stock, valued at approximately $13,926,000.

A number of other institutional investors also recently modified their holdings of the company. Center For Asset Management LLC increased its holdings in VICI Properties by 6.3% during the 3rd quarter. Center For Asset Management LLC now owns 20,066 shares of the company’s stock valued at $654,000 after purchasing an additional 1,191 shares in the last quarter. Captrust Financial Advisors boosted its stake in VICI Properties by 14.7% in the third quarter. Captrust Financial Advisors now owns 53,298 shares of the company’s stock worth $1,738,000 after purchasing an additional 6,840 shares in the last quarter. Coldstream Capital Management Inc. boosted its stake in VICI Properties by 19.2% in the third quarter. Coldstream Capital Management Inc. now owns 13,172 shares of the company’s stock worth $430,000 after purchasing an additional 2,121 shares in the last quarter. Danske Bank A S bought a new stake in shares of VICI Properties during the third quarter worth $72,224,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of VICI Properties during the third quarter worth $155,000. Institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on VICI shares. Barclays cut their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Robert W. Baird decreased their price objective 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. Mizuho restated a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Scotiabank lowered shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their target price for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Finally, Evercore reissued an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $33.69.

VICI Properties Price Performance

Shares of VICI stock opened at $27.97 on Friday. The firm’s 50 day moving average price is $28.96 and its two-hundred day moving average price is $29.82. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. VICI Properties Inc. has a 52-week low of $27.48 and a 52-week high of $34.01. The stock has a market cap of $29.90 billion, a PE ratio of 10.72, a PEG ratio of 3.23 and a beta of 0.67.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm posted $0.57 EPS. The business’s revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.4%. VICI Properties’s dividend payout ratio is presently 68.97%.

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.