Barrow Hanley Mewhinney & Strauss LLC Decreases Stake in VICI Properties Inc. $VICI

Barrow Hanley Mewhinney & Strauss LLC cut its stake in VICI Properties Inc. (NYSE:VICI) by 0.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,748,574 shares of the company’s stock after selling 108,532 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 1.10% of VICI Properties worth $383,121,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of VICI Properties by 2.4% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,466,757 shares of the company’s stock worth $113,051,000 after purchasing an additional 81,300 shares during the last quarter. Swedbank AB lifted its holdings in shares of VICI Properties by 4.0% during the third quarter. Swedbank AB now owns 4,874,730 shares of the company’s stock worth $158,965,000 after purchasing an additional 188,690 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in VICI Properties by 5.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,381,529 shares of the company’s stock valued at $77,638,000 after buying an additional 122,796 shares during the last quarter. Citigroup Inc. increased its holdings in VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after buying an additional 1,691,653 shares during the period. Finally, Allianz Asset Management GmbH increased its holdings in VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after buying an additional 2,937,039 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $29.28 on Wednesday. The business’s 50 day moving average price is $28.90 and its 200-day moving average price is $30.02. 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 firm has a market capitalization of $31.29 billion, a PE ratio of 11.22, a P/E/G ratio of 3.38 and a beta of 0.67. VICI Properties Inc. has a 1 year low of $27.48 and a 1 year high of $34.01.

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

VICI Properties Announces Dividend

The firm 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. This represents a $1.80 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is 68.97%.

Analysts Set New Price Targets

Several analysts have commented on VICI shares. Robert W. Baird decreased their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Evercore reiterated an “in-line” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research report on Monday, January 5th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Finally, Scotiabank downgraded VICI Properties from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target 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.