B. Metzler seel. Sohn & Co. AG Buys Shares of 63,848 VICI Properties Inc. $VICI

Key Points

• B. Metzler seel. Sohn & Co. AG bought 63,848 shares of VICI Properties during the second quarter, valued at approximately $1.7 million. Institutional investors collectively own 97.71% of the company.
• Analysts maintain a mixed outlook, with six Buy ratings and seven Hold ratings. VICI has an average rating of Hold and a consensus price target of $31.29, above its $26.55 opening price.
• VICI reported quarterly revenue of $1.06 billion, up 5.7% year over year, but earnings per share of $0.62 missed estimates. The REIT also pays a quarterly dividend of $0.45 per share, representing a 6.8% annualized yield.

B. Metzler seel. Sohn & Co. AG purchased a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 63,848 shares of the company's stock, valued at approximately $1,695,000.

Several other hedge funds have also made changes to their positions in VICI. Vanguard Group Inc. grew its position in shares of VICI Properties by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company's stock worth $4,455,820,000 after acquiring an additional 1,705,855 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of VICI Properties in the 2nd quarter worth about $3,433,817,000. State Street Corp lifted its position in VICI Properties by 1.7% in the 4th quarter. State Street Corp now owns 63,619,919 shares of the company's stock valued at $1,817,165,000 after purchasing an additional 1,080,992 shares during the last quarter. Geode Capital Management LLC lifted its position in VICI Properties by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company's stock valued at $1,030,716,000 after purchasing an additional 1,037,345 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its stake in VICI Properties by 8.2% during the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company's stock valued at $851,821,000 after purchasing an additional 2,305,719 shares during the period. Institutional investors own 97.71% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on VICI. Cantor Fitzgerald decreased their target price on shares of VICI Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a research report on Monday, August 10th. Royal Bank Of Canada started coverage on VICI Properties in a report on Thursday, June 25th. They set a "sector perform" rating and a $29.00 price target on the stock. Barclays reduced their price objective on VICI Properties from $34.00 to $31.00 and set an "overweight" rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings reissued a "hold (c)" rating on shares of VICI Properties in a report on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, VICI Properties currently has an average rating of "Hold" and a consensus price target of $31.29.

VICI Properties Stock Up 0.2%

VICI opened at $26.55 on Monday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The company has a market capitalization of $29.23 billion, a PE ratio of 10.29 and a beta of 0.65. The stock's fifty day moving average is $26.59 and its 200-day moving average is $27.84. VICI Properties Inc. has a one year low of $25.81 and a one year high of $33.92.

VICI Properties (NYSE:VICI - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.09). The firm had revenue of $1.06 billion for 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 company's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, equities analysts predict that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties's dividend payout ratio (DPR) is presently 69.77%.

About VICI Properties

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.

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