Asset Management One Co. Ltd. Has $68.46 Million Stock Position in VICI Properties Inc. $VICI

Asset Management One Co. Ltd. raised its position in VICI Properties Inc. (NYSE:VICI) by 0.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 2,100,070 shares of the company’s stock after purchasing an additional 3,181 shares during the period. Asset Management One Co. Ltd.’s holdings in VICI Properties were worth $68,462,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD increased its holdings in VICI Properties by 205.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company’s stock valued at $556,077,000 after purchasing an additional 11,458,239 shares in the last quarter. Nuveen LLC acquired a new stake in VICI Properties during the 1st quarter valued at $320,179,000. Deutsche Bank AG increased its stake in shares of VICI Properties by 172.4% in the 1st quarter. Deutsche Bank AG now owns 7,395,134 shares of the company’s stock valued at $241,229,000 after buying an additional 4,680,136 shares during the period. American Century Companies Inc. increased its stake in shares of VICI Properties by 81.6% in the 1st quarter. American Century Companies Inc. now owns 8,252,528 shares of the company’s stock valued at $269,197,000 after buying an additional 3,707,396 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of VICI Properties in the 2nd quarter valued at $110,366,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

VICI opened at $31.45 on Friday. VICI Properties Inc. has a 52-week low of $27.98 and a 52-week high of $34.03. The firm has a market capitalization of $33.54 billion, a PE ratio of 12.05, a PEG ratio of 3.12 and a beta of 0.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74. The business’s 50-day simple moving average is $32.43 and its 200 day simple moving average is $32.32.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.60. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The business had revenue of $1 billion for the quarter, compared to analyst estimates of $991.59 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. VICI Properties’s revenue was up 4.6% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. As a group, sell-side analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 18th were paid a $0.45 dividend. This is a positive change from VICI Properties’s previous quarterly dividend of $0.43. This represents a $1.80 annualized dividend and a yield of 5.7%. The ex-dividend date was Thursday, September 18th. VICI Properties’s dividend payout ratio is currently 68.97%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VICI. Wells Fargo & Company lifted their target price on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Citigroup reaffirmed a “market outperform” rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Mizuho lifted their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Weiss Ratings restated a “buy (b-)” rating on shares of VICI Properties in a report on Wednesday, October 8th. Finally, Barclays increased their price target on VICI Properties from $36.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.08.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.