RBC Bolsters Stake in VICI Properties Inc.

Financial news shows that Royal Bank of Canada (RBC) has significantly increased its stake in VICI Properties Inc. (NYSE:VICI). According to a recent SEC filing, RBC acquired an additional 713,444 shares during the first quarter, boosting its position by 39.5%. The institutional investor now owns approximately 2,521,675 shares of VICI's stock, worth around $68,892,000.

As reported by MarketBeat, other hedge funds have also recently bought and sold shares of VICI Properties. NewEdge Advisors LLC increased its stake in the company by 204.4% during the first quarter, while Woodline Partners LP raised its holdings by 41.3%. Jump Financial LLC boosted its position by 45.0%, and Treasurer of the State of North Carolina saw a 96.0% increase.

VICI Properties announced its second-quarter earnings results on April 29th, with revenue reaching approximately $1.1 billion and adjusted funds from operations (AFFO) meeting consensus estimates at $0.62 per share. The company revised its AFFO outlook for 2026 to a range of $2.45-$2.47 per share.