Strs Ohio Has $22.50 Million Stock Holdings in VICI Properties Inc. $VICI

Strs Ohio trimmed its holdings in VICI Properties Inc. (NYSE:VICI) by 11.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 823,624 shares of the company’s stock after selling 104,238 shares during the quarter. Strs Ohio’s holdings in VICI Properties were worth $22,501,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new stake in VICI Properties during the 4th quarter worth about $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of VICI Properties by 31,134.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock worth $287,336,000 after acquiring an additional 10,185,477 shares during the last quarter. Man Group plc raised its stake in shares of VICI Properties by 100.6% in the fourth quarter. Man Group plc now owns 11,406,537 shares of the company’s stock worth $320,752,000 after acquiring an additional 5,720,867 shares during the last quarter. Voloridge Investment Management LLC lifted its position in shares of VICI Properties by 247.8% during the fourth quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after purchasing an additional 5,551,620 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of VICI Properties by 1,001.4% during the first quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock worth $154,609,000 after purchasing an additional 5,145,372 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Price Performance

Shares of VICI stock opened at $27.19 on Friday. The firm’s 50 day moving average price is $27.88 and its two-hundred day moving average price is $28.26. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. VICI Properties Inc. has a 52-week low of $26.08 and a 52-week high of $34.01. The stock has a market cap of $29.07 billion, a PE ratio of 9.31 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 61.64%.

Analyst Ratings Changes

A number of brokerages recently weighed in on VICI. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Mizuho reaffirmed a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Barclays increased their price objective on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Finally, Royal Bank Of Canada assumed coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $32.86.

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.