Baird Financial Group Inc. Has $34.71 Million Position in VICI Properties Inc. $VICI

Key Points

• Baird Financial Group reduced its VICI Properties stake by 3.2% in the second quarter, selling 43,119 shares and retaining 1.31 million shares valued at approximately $34.7 million. Institutional investors collectively own 97.71% of the company.
• VICI reported quarterly revenue of $1.06 billion, up 5.7% year over year, but earnings per share of $0.62 fell short of the $0.71 consensus estimate. The company reaffirmed fiscal 2026 EPS guidance of $2.45–$2.47.
• VICI raised its quarterly dividend to $0.46 per share, equating to an annualized $1.84 payout and a 7.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $30.46, compared with a recent share price of $24.72.

Baird Financial Group Inc. reduced its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,307,479 shares of the company's stock after selling 43,119 shares during the period. Baird Financial Group Inc. owned approximately 0.12% of VICI Properties worth $34,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of VICI. Bayban bought a new stake in shares of VICI Properties during the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC bought a new stake in shares of VICI Properties in the first quarter valued at about $25,000. State of Wyoming acquired a new position in VICI Properties during the second quarter worth $26,000. Evolution Wealth Management Inc. acquired a new position in shares of VICI Properties during the 4th quarter worth approximately $28,000. Finally, Headlands Technologies LLC acquired a new position in shares of VICI Properties during the 2nd quarter worth about $28,000. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Price Performance

NYSE VICI opened at $24.72 on Friday. VICI Properties Inc. has a 52 week low of $24.66 and a 52 week high of $33.38. The firm's 50-day simple moving average is $26.26 and its two-hundred day simple moving average is $27.49. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The company has a market cap of $27.22 billion, a PE ratio of 9.58 and a beta of 0.65.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly 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). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The company had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.04 billion. During the same quarter last year, the firm posted $0.60 earnings per share. VICI Properties's revenue for the quarter was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 7.4%. This is a positive change from VICI Properties's previous quarterly dividend of $0.45. VICI Properties's payout ratio is 69.77%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VICI. Morgan Stanley cut their price objective on shares of VICI Properties from $38.00 to $31.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 8th. Wells Fargo & Company cut their target price on shares of VICI Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 1st. Cantor Fitzgerald reduced their price objective on shares of VICI Properties from $34.00 to $32.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Scotiabank decreased their price target on VICI Properties from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Thursday, June 18th. Finally, Mizuho dropped their price target on VICI Properties from $30.00 to $27.00 and set a "neutral" rating on the stock in a research note on Wednesday, September 2nd. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $30.46.

VICI Properties Company Profile

VICI Properties, Inc NYSE: VICI is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI's portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.

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