Danske Bank A S Invests $72.22 Million in VICI Properties Inc. $VICI

Danske Bank A S bought a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the third quarter, Holdings Channel reports. The institutional investor bought 2,214,787 shares of the company’s stock, valued at approximately $72,224,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC raised its stake in VICI Properties by 204.4% during the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after purchasing an additional 25,234 shares in the last quarter. Woodline Partners LP grew its stake in shares of VICI Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after buying an additional 26,017 shares in the last quarter. Savant Capital LLC grew its stake in shares of VICI Properties by 18.6% in the 2nd quarter. Savant Capital LLC now owns 9,995 shares of the company’s stock worth $326,000 after buying an additional 1,566 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of VICI Properties in the 2nd quarter worth about $216,000. Finally, PNC Financial Services Group Inc. raised its position in shares of VICI Properties by 15.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 113,504 shares of the company’s stock valued at $3,700,000 after buying an additional 15,258 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Robert W. Baird decreased their price objective 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Barclays dropped their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Finally, The Goldman Sachs Group decreased their price target on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $33.69.

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $28.63 on Wednesday. The company has a market capitalization of $30.60 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 3.29 and a beta of 0.67. VICI Properties Inc. has a 12 month low of $27.48 and a 12 month high of $34.01. The firm’s 50-day moving average is $28.95 and its 200 day moving average is $29.84. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the company earned $0.57 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is currently 68.97%.

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.