Canada Pension Plan Investment Board Takes $49.60 Million Position in VICI Properties Inc. $VICI

Key Points

• Canada Pension Plan Investment Board acquired 1.87 million VICI Properties shares worth approximately $49.6 million, representing a 0.17% stake. Institutional investors collectively own 97.71% of the REIT.
• 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 analyst consensus. Management provided fiscal 2026 EPS guidance of $2.45–$2.47.
• The company pays a quarterly dividend of $0.45 per share, equating to an annualized $1.80 dividend and a 7.0% yield. Analysts maintain a consensus “Hold” rating with an average price target of $31.29, versus a recent price of $25.77.

Canada Pension Plan Investment Board bought a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,868,137 shares of the company's stock, valued at approximately $49,599,000. Canada Pension Plan Investment Board owned 0.17% of VICI Properties at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gamco Investors INC. ET AL increased its holdings in VICI Properties by 0.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 47,615 shares of the company's stock worth $1,301,000 after acquiring an additional 384 shares in the last quarter. Corrado Advisors LLC lifted its holdings in VICI Properties by 0.8% during the first quarter. Corrado Advisors LLC now owns 50,301 shares of the company's stock valued at $1,374,000 after purchasing an additional 393 shares in the last quarter. Beacon Investment Advisors LLC lifted its holdings in VICI Properties by 3.4% during the fourth 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. Rehmann Capital Advisory Group grew its position in shares of VICI Properties by 5.9% in the fourth 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 during the period. Finally, Physician Wealth Advisors Inc. grew its position in shares of VICI Properties by 54.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,369 shares of the company's stock valued at $37,000 after purchasing an additional 483 shares during the period. Hedge funds and other institutional investors own 97.71% of the company's stock.

VICI Properties Price Performance

Shares of NYSE VICI opened at $25.77 on Friday. The firm has a 50-day simple moving average of $26.50 and a 200-day simple moving average of $27.77. The stock has a market capitalization of $28.37 billion, a price-to-earnings ratio of 9.99 and a beta of 0.65. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a 52 week low of $25.75 and a 52 week high of $33.92.

VICI Properties (NYSE:VICI - Get Free Report) last posted 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). The business had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 earnings per share. 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 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Thursday, June 18th. VICI Properties's payout ratio is currently 69.77%.

Analysts Set New Price Targets

Several research firms recently weighed in on VICI. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a research report on Thursday, June 25th. They set 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 report on Wednesday, June 24th. Robert W. Baird set a $32.00 price objective on VICI Properties in a research note on Thursday, July 30th. Cantor Fitzgerald reduced their target price on VICI Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a report on Monday, August 10th. Finally, Wells Fargo & Company reduced their target price on VICI Properties from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Wednesday, July 15th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $31.29.

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.

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