CSM Advisors LLC Invests $14.21 Million in VICI Properties Inc. $VICI

Key Points

• CSM Advisors LLC purchased a new stake of 435,771 VICI shares in Q3 valued at approximately $14.21 million.
• VICI declared a quarterly dividend of $0.45 per share (annualized $1.80), implying a 6.3% yield, payable April 9 with a record date of March 19.
• Several large institutions (including Norges Bank, UBS, BofA, Allianz and JPMorgan) boosted holdings and institutional investors now own 97.71% of shares; analysts rate VICI a "Moderate Buy" with an average price target of $33.69.

CSM Advisors LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 435,771 shares of the company's stock, valued at approximately $14,205,000.

Several other large investors have also recently modified their holdings of the stock. Norges Bank purchased a new stake in VICI Properties during the 2nd quarter valued at about $486,945,000. UBS Group AG increased its stake in VICI Properties by 99.5% during the 3rd quarter. UBS Group AG now owns 9,656,111 shares of the company's stock valued at $314,886,000 after purchasing an additional 4,815,053 shares in the last quarter. Bank of America Corp DE raised its holdings in VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company's stock worth $853,087,000 after buying an additional 3,968,349 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in shares of VICI Properties by 11.7% in the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company's stock worth $912,644,000 after buying an additional 2,937,039 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of VICI Properties by 11.9% in the second quarter. JPMorgan Chase & Co. now owns 21,811,143 shares of the company's stock worth $711,043,000 after buying an additional 2,326,747 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

Shares of VICI stock opened at $28.43 on Friday. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average price of $28.92 and a 200-day moving average price of $29.94. VICI Properties Inc. has a 52 week low of $27.48 and a 52 week high of $34.01. The firm has a market capitalization of $30.40 billion, a PE ratio of 10.89, a P/E/G ratio of 3.26 and a beta of 0.67.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $0.57 EPS. The firm's revenue for the quarter was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, equities research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties's dividend payout ratio is presently 68.97%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VICI shares. Mizuho reissued a "neutral" rating and set a $30.00 price target on shares of VICI Properties in a research report on Wednesday. Weiss Ratings restated a "hold (c)" rating on shares of VICI Properties in a report on Monday, December 29th. Cantor Fitzgerald set a $33.00 price objective on VICI Properties in a research report on Monday, January 5th. Scotiabank downgraded VICI Properties from a "sector outperform" rating to a "sector perform" rating and cut their target price for the company from $36.00 to $30.00 in a research note on Friday, January 30th. Finally, Robert W. Baird reduced their target price on VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a report on Monday, March 2nd. Eight 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 company presently has an average rating of "Moderate Buy" and an average price target of $33.69.

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.

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