Y Intercept Hong Kong Ltd Has $5.25 Million Holdings in VICI Properties Inc. $VICI

Y Intercept Hong Kong Ltd lifted its position in VICI Properties Inc. (NYSE:VICI) by 297.0% in the 1st quarter, Holdings Channel reports. The fund owned 192,139 shares of the company’s stock after buying an additional 143,739 shares during the period. Y Intercept Hong Kong Ltd’s holdings in VICI Properties were worth $5,249,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in VICI Properties by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock valued at $4,455,820,000 after purchasing an additional 1,705,855 shares during the period. State Street Corp grew its holdings in shares of VICI Properties by 1.7% during the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock valued at $1,817,165,000 after buying an additional 1,080,992 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of VICI Properties by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after buying an additional 1,037,345 shares in the last quarter. Allianz Asset Management GmbH raised its position in VICI Properties by 8.2% during the fourth quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock valued at $851,821,000 after buying an additional 2,305,719 shares during the period. Finally, Bank of America Corp DE raised its position in VICI Properties by 17.9% during the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after buying an additional 3,968,349 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of NYSE VICI opened at $27.19 on Friday. The stock has a market cap of $29.07 billion, a price-to-earnings ratio of 9.31 and a beta of 0.65. The business has a 50 day simple moving average of $27.88 and a 200 day simple moving average of $28.26. VICI Properties Inc. has a 52 week low of $26.08 and a 52 week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

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

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.6%. VICI Properties’s dividend payout ratio is 61.64%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VICI. Royal Bank Of Canada started coverage on VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Barclays increased their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Finally, Scotiabank lowered their price objective on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $32.86.

About VICI Properties

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.