The experiential real estate portfolio of VICI Properties may disrupt Amazon's retail dominance. Several large investors, including Adage Capital Partners and Canada Pension Plan Investment Board, have reduced their stock holdings in VICI, while others such as Gates Capital Management and Royal Bank of Canada have increased their position. Despite a slump in Las Vegas tourism, VICI is seeing increases in revenues and net income, leading many to reconsider their investment strategy.
VICI Properties has consistently rewarded its shareholders with dividend hikes, recently increasing its quarterly payout by 4% to $0.45 per share. Compound Planning Inc and Truvestments Capital LLC acquired new holdings in VICI, signaling continued market interest in the company. VICI's steady stock performance has led to Wells Fargo raising its price target for the company to $36. VICI's Q2 results were robust come up with analysts remaining optimistic about its valuation outlook.
The company's notable year-to-date rise in stock, their dividend yielding 5.1%, growing revenues and potential for long-term growth make it a considerable option for investors.
Vici Properties VICI News Analytics from Sat, 19 Apr 2025 07:00:00 GMT to Sat, 06 Sep 2025 18:04:02 GMT - Rating 7 - Innovation -2 - Information 6 - Rumor 3
