Apg Asset Management US Reduces $12M in VICI Properties Inc. ($VICI)
The fund trimmed its holdings in VICI Properties by 12.6% as of the latest SEC filing.
Key Points
- Apg Asset Management US cut its stake in VICI Properties by 12.6%, selling 410,625 shares and leaving a total of 2.86 million shares valued at $81.5 million.
- VICI Properties trades at $28.52 with a market cap of $30.71 billion and a P/E ratio of 9.77, reflecting its position in the diversified REIT sector.
- Insider activity included CEO Edward Pitoniak's sale of 20,000 shares, while several insiders bought 7,546 shares each in late April 2026.
Apg Asset Management US has reduced its holdings in VICI Properties Inc. (NYSE: VICI) by 12.6%, according to its latest Form 13F filing with the SEC. The fund sold 410,625 shares, bringing its total down to 2,858,536 shares valued at approximately $81.5 million as of the reporting period.
What Changed in Apg Asset Management US's VICI Properties Position
Apg Asset Management US cut its position in VICI Properties by selling 410,625 shares, reducing its stake by 12.6%. The fund now holds 2,858,536 shares, down from 3,269,161 shares previously. This adjustment brings the total value of its holdings to about $81.5 million.
Other Institutional Activity in VICI Properties
Other major funds also adjusted their holdings in VICI Properties. BlackRock, Inc. increased its stake by 3,042,043 shares, ending with 129,471,926 shares valued at around $3.54 billion. Vanguard Portfolio Management LLC maintained its position with 83,944,809 shares worth approximately $2.29 billion. State Street Corp added 615,728 shares, bringing its total to 64,235,647 shares valued at $1.78 billion. Geode Capital Management, LLC grew its holdings by 2,447,041 shares, totaling 38,656,287 shares worth about $1.08 billion.
VICI Properties Stock Snapshot
Shares of VICI Properties traded at $28.52. The company has a market capitalization of about $30.71 billion and a P/E ratio of 9.77, with a forward P/E of 9.72. Its beta is 0.676, indicating lower volatility compared to the market. The stock's 52-week range is between $26.55 and $34.01, with a 50-day moving average of $28.27 and a 200-day moving average of $29.38. VICI Properties maintains a strong current ratio of 11.12 and a debt-to-equity ratio of 61.85.
Recent Earnings
VICI Properties reported revenue of approximately $4.04 billion, with a modest growth of 3.5%. The company achieved a net margin of 76.83% and a return on equity of 11.33%. Its earnings per share were $2.92. The next earnings report is scheduled for July 29, 2026.
Dividend
VICI Properties offers an annual dividend rate of $1.80, yielding 6.31%. The dividend payout ratio stands at 61.04%, reflecting a healthy payout policy.
Insider Buying and Selling at VICI Properties Inc.
Insider activity at VICI Properties included CEO Edward Pitoniak selling 20,000 shares on June 1, 2026. In April 2026, several insiders, including Monica Howard Douglas and Michael Rumbolz, each purchased 7,546 shares.
Analysts Set New Price Targets
On May 12, 2026, Scotiabank maintained a hold rating on VICI Properties with a price target of $32. Barclays, on April 21, 2026, reiterated a buy rating, setting a target at $34. Mizuho downgraded the stock to hold on March 11, 2026, with a target of $30. Overall, the consensus recommendation is a buy, with a mean target price of $34.17 among 23 analysts.
About VICI Properties
VICI Properties Inc. is a real estate investment trust based in New York, NY. It specializes in owning and operating a diverse portfolio of gaming, hospitality, and entertainment properties. The company is known for iconic locations such as Caesars Palace and MGM Grand in Las Vegas. Led by CEO Edward Baltazar Pitoniak, VICI Properties aims to enhance its portfolio through strategic partnerships and acquisitions.
Bottom Line
Investors are closely watching VICI Properties as Apg Asset Management US trims its stake. The company's strong financials and strategic positioning in the real estate sector make it a key player in the market. As always, remember that 13F filings are historical and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.