Daiwa Securities Group Inc. Sells 3,778,554 Shares of VICI Properties Inc. $VICI

Daiwa Securities Group Inc. decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 82.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 785,617 shares of the company’s stock after selling 3,778,554 shares during the period. Daiwa Securities Group Inc.’s holdings in VICI Properties were worth $22,092,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VICI. State of Wyoming bought a new position in VICI Properties during the 2nd quarter valued at approximately $26,000. Headlands Technologies LLC bought a new position in VICI Properties during the 2nd quarter valued at approximately $28,000. Evolution Wealth Management Inc. bought a new position in VICI Properties during the 4th quarter valued at approximately $28,000. BOKF NA purchased a new position in shares of VICI Properties during the 3rd quarter worth approximately $30,000. Finally, Sarver Vrooman Wealth Advisors purchased a new position in shares of VICI Properties during the 4th quarter worth approximately $33,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

VICI Properties stock opened at $27.88 on Friday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $29.81 billion, a P/E ratio of 9.55 and a beta of 0.65. The stock’s 50 day moving average is $28.16 and its 200 day moving average is $28.45. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be paid a $0.45 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio is presently 61.64%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VICI. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Mizuho reiterated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Robert W. Baird reduced their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Finally, Scotiabank upped their target price on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.38.

VICI Properties 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.