This afternoon we watched VICI Properties drop -1.8% to a price of $30.83 per share. The large-cap Specialty Real Estate Investment Trust company is now trading -17.54% below its average target price of $37.39. Analysts have set target prices ranging from $32.0 to $43.0 per share for VICI Properties, and have given the stock an average rating of buy.
VICI Properties's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 4.65. The company's insiders own 0.42% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 101.1%. In conclusion, we believe there is mixed market sentiment regarding VICI Properties.
Institutions Invested in VICI Properties
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 14% | 145,928,426 | $4,498,973,362 |
| 2023-06-30 | Blackrock Inc. | 10% | 99,327,767 | $3,062,275,049 |
| 2023-06-30 | State Street Corporation | 6% | 57,001,194 | $1,757,346,806 |
| 2023-06-30 | Capital International Investors | 5% | 55,540,775 | $1,712,322,089 |
| 2023-06-30 | Bank of America Corporation | 4% | 37,280,084 | $1,149,344,986 |
| 2023-06-30 | Capital Research Global Investors | 4% | 37,079,745 | $1,143,168,535 |
| 2023-06-30 | Principal Financial Group, Inc. | 3% | 25,892,200 | $798,256,524 |
| 2023-06-30 | Wellington Management Group, LLP | 3% | 25,765,909 | $794,362,972 |
| 2023-06-30 | Allianz Asset Management GmbH | 2% | 24,018,890 | $740,502,376 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 23,360,109 | $720,192,158 |
