BI Asset Management Fondsmaeglerselskab A S Purchases 512,840 Shares of VICI Properties Inc. $VICI

BI Asset Management Fondsmaeglerselskab A S lifted its position in VICI Properties Inc. (NYSE:VICI) by 136.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 889,310 shares of the company’s stock after buying an additional 512,840 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned about 0.08% of VICI Properties worth $28,992,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VICI. Parvin Asset Management LLC bought a new stake in VICI Properties during the second quarter valued at about $27,000. Hantz Financial Services Inc. lifted its position in shares of VICI Properties by 489.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock worth $28,000 after purchasing an additional 724 shares during the last quarter. Hoey Investments Inc. bought a new stake in VICI Properties during the 2nd quarter valued at approximately $33,000. Elevation Point Wealth Partners LLC acquired a new stake in VICI Properties in the 2nd quarter valued at approximately $38,000. Finally, Bell Investment Advisors Inc grew its holdings in VICI Properties by 32.7% in the 2nd quarter. Bell Investment Advisors Inc now owns 1,424 shares of the company’s stock valued at $46,000 after buying an additional 351 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $28.65 on Friday. The firm has a market cap of $30.62 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 2.80 and a beta of 0.70. The firm’s 50-day simple moving average is $29.89 and its 200-day simple moving average is $31.76. VICI Properties Inc. has a twelve month low of $27.63 and a twelve month high of $34.03. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.60 and a current ratio of 3.60.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the company earned $0.57 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, research analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is presently 68.70%.

Analyst Upgrades and Downgrades

VICI has been the subject of several research reports. Wells Fargo & Company reissued an “equal weight” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of VICI Properties in a research note on Monday, December 1st. JPMorgan Chase & Co. raised their price target on shares of VICI Properties from $37.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Barclays cut their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. Finally, Mizuho lifted their target price on VICI Properties from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.71.

VICI Properties 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.