UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Holdings in VICI Properties Inc. $VICI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 3.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 10,699,040 shares of the company’s stock after purchasing an additional 349,262 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in VICI Properties were worth $284,060,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. BlackRock Inc. acquired a new position in VICI Properties during the second quarter worth $3,433,817,000. Bank of America Corp DE acquired a new stake in shares of VICI Properties in the 2nd quarter worth $778,709,000. Norges Bank purchased a new position in shares of VICI Properties during the 4th quarter worth $537,676,000. Legal & General Group Plc purchased a new position in shares of VICI Properties during the 2nd quarter worth $366,514,000. Finally, Man Group plc acquired a new position in shares of VICI Properties during the 2nd quarter valued at about $318,249,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Stock Performance

NYSE VICI opened at $25.69 on Tuesday. The stock has a market cap of $28.29 billion, a PE ratio of 9.96 and a beta of 0.65. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a twelve month low of $25.61 and a twelve month high of $33.92. The stock has a fifty day simple moving average of $26.48 and a 200-day simple moving average of $27.73.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data 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). The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.0%. VICI Properties’s dividend payout ratio (DPR) is currently 69.77%.

Analyst Upgrades and Downgrades

VICI has been the subject of a number of analyst reports. Raymond James Financial set a $29.00 price objective on shares of VICI Properties in a report on Thursday, August 13th. Wells Fargo & Company reduced their target price on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Scotiabank dropped their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada started coverage on shares of VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price target for the company. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $31.29.

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.