Hsbc Holdings PLC Increases Stock Holdings in VICI Properties Inc. $VICI

Hsbc Holdings PLC increased its position in VICI Properties Inc. (NYSE:VICI) by 9.9% in the second quarter, Holdings Channel.com reports. The fund owned 10,604,710 shares of the company’s stock after acquiring an additional 952,165 shares during the quarter. Hsbc Holdings PLC’s holdings in VICI Properties were worth $281,629,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Gamco Investors INC. ET AL increased its holdings in VICI Properties by 0.8% during 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 during the period. Corrado Advisors LLC boosted its holdings in VICI Properties by 0.8% in the 1st 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 during the period. Beacon Investment Advisors LLC boosted its holdings in VICI Properties by 3.4% in the 4th 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 during the period. Rehmann Capital Advisory Group grew its position in shares of VICI Properties by 5.9% during the 4th 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 in the last quarter. Finally, Physician Wealth Advisors Inc. grew its position in shares of VICI Properties by 54.5% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

VICI has been the topic of several research analyst reports. Mizuho decreased their price target on shares of VICI Properties from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Wednesday, September 2nd. Barclays dropped their price objective on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research note on Friday, July 31st. Royal Bank Of Canada assumed coverage on VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Finally, Morgan Stanley dropped their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties has an average rating of “Hold” and a consensus price target of $31.00.

VICI Properties Stock Down 0.1%

Shares of NYSE:VICI opened at $25.39 on Monday. The firm has a market capitalization of $27.96 billion, a PE ratio of 9.84 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties Inc. has a 52-week low of $25.34 and a 52-week high of $33.82. The firm has a fifty day moving average of $26.39 and a 200 day moving average of $27.62.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share 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 firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the business earned $0.60 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. 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 EPS for the current fiscal year.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 7.2%. This is a positive change from VICI Properties’s previous quarterly dividend of $0.45. VICI Properties’s payout ratio is 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.