VICI Properties Inc. $VICI Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in VICI by 6.3%, selling 298,853 shares in Q4 and ending the period with 4,448,323 shares (about 0.42% of the company, ~$125.1M).
• VICI reported $0.57 EPS for the quarter (a $0.03 miss) on $1.01B in revenue and set FY2026 guidance of $2.420–$2.450 EPS.
• VICI pays a quarterly dividend of $0.45 (annualized yield ~6.4%, payout ratio ~69%), and analysts have an average rating of "Moderate Buy" with a $33.69 average price target.

Sumitomo Mitsui Trust Group Inc. lowered its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,448,323 shares of the company's stock after selling 298,853 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.42% of VICI Properties worth $125,087,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in VICI Properties by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 156,751,453 shares of the company's stock worth $5,111,665,000 after acquiring an additional 736,209 shares during the period. State Street Corp lifted its position in VICI Properties by 4.8% during the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company's stock worth $2,065,862,000 after acquiring an additional 2,844,265 shares during the period. Allianz Asset Management GmbH lifted its position in VICI Properties by 11.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company's stock worth $912,644,000 after acquiring an additional 2,937,039 shares during the period. Bank of America Corp DE lifted its position in VICI Properties by 17.9% during the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company's stock worth $853,087,000 after acquiring an additional 3,968,349 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in VICI Properties by 7.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,409,381 shares of the company's stock worth $763,380,000 after acquiring an additional 1,598,238 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on VICI. Cantor Fitzgerald set a $33.00 price target on VICI Properties in a research report on Monday, January 5th. Mizuho reiterated a "neutral" rating and set a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Weiss Ratings reiterated a "hold (c)" rating on shares of VICI Properties in a research note on Friday, March 27th. Scotiabank lowered VICI Properties from a "sector outperform" rating to a "sector perform" rating and reduced their price objective for the company from $36.00 to $30.00 in a research note on Friday, January 30th. Finally, Robert W. Baird reduced their price objective on VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a research note on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, VICI Properties currently has an average rating of "Moderate Buy" and an average target price of $33.69.

VICI Properties Stock Performance

NYSE VICI opened at $28.30 on Tuesday. The stock has a 50-day simple moving average of $28.68 and a two-hundred day simple moving average of $29.14. The firm has a market capitalization of $30.25 billion, a P/E ratio of 10.84, a PEG ratio of 3.23 and a beta of 0.70. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17.

VICI Properties (NYSE:VICI - Get Free Report) last released 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). The company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $1.01 billion. VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The business's quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties's dividend payout ratio (DPR) is presently 68.97%.

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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