VICI Properties Inc. $VICI Shares Acquired by Swedbank AB

Swedbank AB raised its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,504,472 shares of the company’s stock after purchasing an additional 629,742 shares during the period. Swedbank AB’s holdings in VICI Properties were worth $154,786,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of VICI Properties during the fourth quarter worth $869,000. Beck Bode LLC increased its position in shares of VICI Properties by 2.9% during the fourth quarter. Beck Bode LLC now owns 42,782 shares of the company’s stock worth $1,203,000 after purchasing an additional 1,206 shares in the last quarter. MQS Management LLC increased its position in shares of VICI Properties by 61.7% during the fourth quarter. MQS Management LLC now owns 29,870 shares of the company’s stock worth $840,000 after purchasing an additional 11,400 shares in the last quarter. Axxcess Wealth Management LLC increased its position in shares of VICI Properties by 53.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 10,298 shares of the company’s stock worth $290,000 after purchasing an additional 3,582 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its position in shares of VICI Properties by 264.7% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 106,253 shares of the company’s stock worth $2,988,000 after purchasing an additional 77,117 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research report on Monday, May 4th. Barclays upped their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Scotiabank upped their target price on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 12th. Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Trading Up 0.0%

VICI stock opened at $28.53 on Friday. The company’s 50-day simple moving average is $28.14 and its 200-day simple moving average is $28.62. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52-week low of $26.55 and a 52-week high of $34.01. The firm has a market cap of $30.50 billion, a P/E ratio of 9.77 and a beta of 0.67.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the company posted $0.58 EPS. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, equities analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s dividend payout ratio is presently 61.64%.

VICI Properties Company Profile

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.