Universal Beteiligungs und Servicegesellschaft mbH Sells 47,621 Shares of VICI Properties Inc. $VICI

Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in shares of VICI Properties Inc. (NYSE:VICI) by 3.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,227,309 shares of the company’s stock after selling 47,621 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in VICI Properties were worth $40,010,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in VICI Properties by 7.1% during the 2nd quarter. Geode Capital Management LLC now owns 34,618,730 shares of the company’s stock worth $1,144,400,000 after acquiring an additional 2,281,688 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in VICI Properties by 7.5% during the second quarter. Allianz Asset Management GmbH now owns 25,049,606 shares of the company’s stock worth $816,617,000 after purchasing an additional 1,755,385 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in VICI Properties by 205.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company’s stock worth $556,077,000 after purchasing an additional 11,458,239 shares in the last quarter. Northern Trust Corp increased its stake in VICI Properties by 13.2% in the 1st quarter. Northern Trust Corp now owns 13,743,229 shares of the company’s stock valued at $448,304,000 after buying an additional 1,606,559 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of VICI Properties by 0.6% during the 1st quarter. Invesco Ltd. now owns 13,491,589 shares of the company’s stock worth $440,096,000 after buying an additional 77,544 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $30.14 on Tuesday. The company has a 50-day moving average price of $31.41 and a two-hundred day moving average price of $32.17. VICI Properties Inc. has a twelve month low of $27.98 and a twelve month high of $34.03. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $32.22 billion, a PE ratio of 11.51, a P/E/G ratio of 3.02 and a beta of 0.72.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the company posted $0.57 EPS. VICI Properties’s revenue was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. Equities analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.0%. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. The ex-dividend date was Thursday, September 18th. VICI Properties’s dividend payout ratio (DPR) is presently 68.70%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on VICI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Thursday. JMP Securities set a $35.00 target price on VICI Properties in a research note on Tuesday, July 22nd. Evercore ISI decreased their price objective on shares of VICI Properties from $38.00 to $36.00 and set an “outperform” rating for the company in a report on Friday, October 31st. JPMorgan Chase & Co. boosted their target price on shares of VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Finally, Wells Fargo & Company raised their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $35.69.

About VICI Properties

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.