Swiss Life Asset Management Ltd Sells 53,320 Shares of VICI Properties Inc. $VICI

Swiss Life Asset Management Ltd lessened its position in shares of VICI Properties Inc. (NYSE:VICI) by 27.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,104 shares of the company’s stock after selling 53,320 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in VICI Properties were worth $4,536,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VICI. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of VICI Properties by 2.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,466,757 shares of the company’s stock worth $113,051,000 after buying an additional 81,300 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of VICI Properties by 5.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,381,529 shares of the company’s stock valued at $77,638,000 after acquiring an additional 122,796 shares during the last quarter. Swedbank AB lifted its holdings in shares of VICI Properties by 4.0% in the 3rd quarter. Swedbank AB now owns 4,874,730 shares of the company’s stock valued at $158,965,000 after acquiring an additional 188,690 shares during the last quarter. Citigroup Inc. grew its position in VICI Properties by 117.1% in the third quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after acquiring an additional 1,691,653 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in VICI Properties by 11.7% in the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after acquiring an additional 2,937,039 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VICI shares. The Goldman Sachs Group decreased their price objective on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Barclays decreased their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Wednesday, December 3rd. Finally, Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a research note on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.69.

VICI Properties Trading Down 4.0%

NYSE VICI opened at $26.86 on Monday. The stock has a market cap of $28.71 billion, a PE ratio of 10.29, a PEG ratio of 3.08 and a beta of 0.67. VICI Properties Inc. has a 12 month low of $26.75 and a 12 month high of $34.01. The company’s 50-day moving average price is $28.94 and its 200-day moving average price is $29.72. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59.

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

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties’s payout ratio is currently 68.97%.

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.