Arbejdsmarkedets Tillaegspension acquired a new position in shares of VICI Properties Inc. (NYSE:VICI – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 837,859 shares of the company’s stock, valued at approximately $23,561,000.
Several other hedge funds and other institutional investors also recently modified their holdings of VICI. New York Life Investment Management LLC boosted its stake in VICI Properties by 1.2% in the fourth quarter. New York Life Investment Management LLC now owns 146,293 shares of the company’s stock worth $4,114,000 after buying an additional 1,719 shares in the last quarter. Pacer Advisors Inc. lifted its position in VICI Properties by 31.0% in the fourth quarter. Pacer Advisors Inc. now owns 143,586 shares of the company’s stock valued at $4,038,000 after purchasing an additional 33,984 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in VICI Properties by 0.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 122,393 shares of the company’s stock valued at $3,442,000 after purchasing an additional 500 shares during the last quarter. Global Wealth Management Investment Advisory Inc. lifted its position in VICI Properties by 45.9% in the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 204,881 shares of the company’s stock valued at $5,761,000 after purchasing an additional 64,445 shares during the last quarter. Finally, Ameritas Advisory Services LLC lifted its position in VICI Properties by 5,354.4% in the fourth quarter. Ameritas Advisory Services LLC now owns 21,054 shares of the company’s stock valued at $592,000 after purchasing an additional 20,668 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.
Wall Street Analyst Weigh In
VICI has been the subject of several recent research reports. Barclays boosted their price objective on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research report on Monday, May 4th. Scotiabank boosted their price objective on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Robert W. Baird decreased their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.
VICI Properties Price Performance
VICI opened at $27.89 on Friday. The stock has a fifty day simple moving average of $28.26 and a two-hundred day simple moving average of $28.68. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market cap of $29.82 billion, a price-to-earnings ratio of 9.55 and a beta of 0.67. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.
VICI Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s dividend payout ratio is currently 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.
See Also
- Five stocks we like better than VICI Properties
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICI – Free Report).
Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.
