Cibc World Market Inc. Purchases New Position in VICI Properties Inc. $VICI

Cibc World Market Inc. purchased a new stake in VICI Properties Inc. (NYSE:VICI) during the second quarter, HoldingsChannel.com reports. The firm purchased 664,601 shares of the company’s stock, valued at approximately $17,645,000.

Several other large investors have also recently added to or reduced their stakes in VICI. Gamco Investors INC. ET AL raised its stake in shares of VICI Properties by 0.8% in the first quarter. Gamco Investors INC. ET AL now owns 47,615 shares of the company’s stock valued at $1,301,000 after acquiring an additional 384 shares during the last quarter. Corrado Advisors LLC boosted its holdings in shares of VICI Properties by 0.8% in the 1st quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock worth $1,374,000 after acquiring an additional 393 shares in the last quarter. Farther Finance Advisors LLC grew its position in VICI Properties by 2.9% during the 4th quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock worth $431,000 after acquiring an additional 434 shares during the last quarter. Beacon Investment Advisors LLC increased its holdings in VICI Properties by 3.4% during the 4th quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock valued at $393,000 after purchasing an additional 455 shares in the last quarter. Finally, Rehmann Capital Advisory Group increased its holdings in VICI Properties by 5.9% during the 4th quarter. Rehmann Capital Advisory Group now owns 8,686 shares of the company’s stock valued at $244,000 after purchasing an additional 483 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VICI has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a research report on Friday, July 31st. Robert W. Baird set a $32.00 target price on VICI Properties in a research note on Thursday, July 30th. Royal Bank Of Canada assumed coverage on VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Finally, Morgan Stanley decreased their price objective on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.29.

VICI Properties Stock Performance

VICI stock opened at $26.76 on Tuesday. The company has a 50 day moving average price of $26.57 and a 200 day moving average price of $27.83. VICI Properties Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $33.92. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. The stock has a market capitalization of $29.46 billion, a PE ratio of 10.37 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were 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 was Thursday, June 18th. VICI Properties’s dividend payout ratio is 69.77%.

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.