VICI Properties Inc. $VICI Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its stake in VICI Properties Inc. (NYSE:VICI) by 2.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 757,775 shares of the company’s stock after buying an additional 18,261 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.07% of VICI Properties worth $21,331,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Aptus Capital Advisors LLC boosted its stake in shares of VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock worth $216,000 after acquiring an additional 329 shares during the period. Arete Wealth Advisors LLC raised its stake in VICI Properties by 3.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in VICI Properties by 3.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after purchasing an additional 337 shares in the last quarter. Choreo LLC boosted its stake in VICI Properties by 1.8% in the 3rd quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after purchasing an additional 355 shares during the period. Finally, Armstrong Advisory Group Inc. boosted its stake in VICI Properties by 4.6% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 8,462 shares of the company’s stock worth $276,000 after purchasing an additional 370 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

NYSE:VICI opened at $27.67 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The company has a 50 day moving average price of $28.71 and a 200-day moving average price of $29.35. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The firm has a market cap of $29.57 billion, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 3.17 and a beta of 0.70.

VICI Properties (NYSE:VICI) last released its quarterly 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 firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the business posted $0.57 EPS. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. 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 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. Investors of record on Thursday, March 19th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.5%. The ex-dividend date is Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is 68.97%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Mizuho reiterated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a research report on Monday, January 5th. Robert W. Baird cut their price objective 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. Finally, Scotiabank downgraded VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $33.69.

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.