
Vici Properties is owned by a group of institutional investors, including BlackRock, The Vanguard Group, and State Street Global Advisors.
Its largest shareholders hold significant stakes in the company, with BlackRock owning approximately 10.1% of Vici Properties' outstanding shares.
The Vanguard Group is another major shareholder, holding around 8.4% of the company's shares.
State Street Global Advisors also owns a substantial stake, with around 5.5% of Vici Properties' outstanding shares.
Ownership Structure
VICI Properties has a diverse ownership structure, with a significant portion of shares held by institutional investors. The largest shareholder is The Vanguard Group, Inc., holding 14.6% of the company's shares, valued at approximately $4.6 billion.
Institutions hold a staggering 99.7% of VICI's shares, indicating a strong presence of professional investors in the company's ownership. This is a clear indication of the trust and confidence that institutional investors have in VICI Properties.
Here's a breakdown of the top shareholders:
Note that the ownership percentages may fluctuate, but the dominance of institutional investors remains a constant factor in VICI Properties' ownership structure.
Ownership Breakdown
The ownership structure of VICI is quite fascinating. The State or Government owns 1,014,717 shares, which translates to a mere 0.0961% of the total ownership.
In contrast, institutions hold a whopping 99.7% of VICI's shares, with an impressive 1,052,123,256 shares under their ownership.
Individual insiders, including company executives and directors, own a relatively small portion of the company, with 2,659,762 shares, accounting for 0.252% of the total ownership.
Top Shareholders
The ownership structure of a company can be a complex and intriguing topic. The Vanguard Group, Inc. holds a significant stake of 14.6% in the company.
Let's take a look at the top shareholders. The Vanguard Group, Inc. is the largest shareholder with 14.6% ownership, followed closely by Capital Research and Management Company with 14% ownership.
Capital Research and Management Company's 14% stake is a significant holding, making it the second-largest shareholder. BlackRock, Inc. is another major shareholder with a 10.4% stake.
BlackRock, Inc.'s 10.4% ownership is substantial, and it's interesting to note that their stake has grown by 4.78% in recent times. State Street Global Advisors, Inc. also has a notable 5.27% stake in the company.
The top shareholders include a mix of institutional investors, asset management companies, and banks. The list of top shareholders is quite long, but the above-mentioned companies hold the largest stakes.
Here is a list of the top 10 shareholders:
VICI Properties News
VICI Properties, Inc. is a leading real estate investment trust (REIT) that specializes in acquiring and leasing out high-quality net-lease properties.
The company was founded in 2014 by Andrew J. Nicol and John G. Murray, and is headquartered in Las Vegas, Nevada.
VICI Properties has a diverse portfolio of properties, including office buildings, shopping centers, and industrial facilities.
As of 2022, the company's portfolio includes over 500 properties across the United States, with a total value of over $70 billion.
VICI Properties has a strong track record of delivering value to its shareholders, with a history of increasing its dividend payout over the years.
The company has a solid balance sheet, with a debt-to-equity ratio of 0.8x as of 2022.
VICI Properties has a strong management team, led by President and CEO, John G. Murray, who has over 20 years of experience in the real estate industry.
The company has a long-term focus on growth and has a strategy in place to continue expanding its portfolio through acquisitions and development.
VICI Properties has a strong partnership with its parent company, Apollo Global Management, which provides the company with access to significant capital and resources.
As of 2022, Apollo Global Management owns approximately 53% of VICI Properties' outstanding shares.
Recent Insider Transactions
Let's take a look at some recent insider transactions that may be of interest.
Vici Properties' CEO, Brian Kingston, has been buying and selling company stock. He purchased 2,000 shares in February 2022.
In the past year, Vici Properties' insiders have been net sellers, with a total of 1.5 million shares sold.
Frequently Asked Questions
Who is the CEO of VICI Properties?
The CEO of VICI Properties is Edward Pitoniak, a seasoned real estate executive with a strong background in private equity and REIT management.
Does Vici own MGM?
No, Vici does not own MGM, but it has acquired MGM Growth Properties. Vici's acquisition of the Venetian complex includes a significant real estate investment from Las Vegas Sands.
Sources
- https://www.lasvegasadvisor.com/question/vici-properties/
- https://viciproperties.com/team-vici/edward-b-pitoniak/
- https://www.marketscreener.com/quote/stock/VICI-PROPERTIES-INC-40580878/company/
- https://simplywall.st/stocks/us/real-estate/nyse-vici/vici-properties/ownership
- https://thenevadaindependent.com/article/indy-gaming-vici-lends-more-than-1-billion-to-strip-operators-is-more-coming
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