Commerzbank Aktiengesellschaft FI Acquires Shares of 154,791 VICI Properties Inc. $VICI

Commerzbank Aktiengesellschaft FI acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 154,791 shares of the company’s stock, valued at approximately $4,110,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in VICI Properties by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock valued at $4,455,820,000 after acquiring an additional 1,705,855 shares in the last quarter. State Street Corp lifted its position in shares of VICI Properties by 1.7% during the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock worth $1,817,165,000 after purchasing an additional 1,080,992 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of VICI Properties by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after purchasing an additional 1,037,345 shares during the period. Allianz Asset Management GmbH grew its holdings in VICI Properties by 8.2% during the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock valued at $851,821,000 after purchasing an additional 2,305,719 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in VICI Properties by 2.7% during the 1st quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock worth $763,553,000 after buying an additional 734,068 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VICI. Royal Bank Of Canada initiated coverage on VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Scotiabank cut their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Raymond James Financial set a $29.00 price target on VICI Properties in a report on Thursday. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a research note on Friday, July 31st. Finally, Barclays dropped their price objective on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $31.29.

VICI Properties Price Performance

Shares of VICI stock opened at $25.95 on Tuesday. The firm has a market cap of $28.57 billion, a P/E ratio of 10.06 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. VICI Properties Inc. has a 1-year low of $25.81 and a 1-year high of $33.92. The firm has a fifty day moving average of $26.74 and a two-hundred day moving average of $27.89.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.04 billion. During the same quarter last year, the company posted $0.60 EPS. The business’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. As a group, research analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.9%. VICI Properties’s dividend payout ratio is presently 69.77%.

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.