AIA Group Ltd Raises Holdings in VICI Properties Inc. $VICI

AIA Group Ltd boosted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 60.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 209,413 shares of the company’s stock after buying an additional 78,991 shares during the quarter. AIA Group Ltd’s holdings in VICI Properties were worth $6,829,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in shares of VICI Properties during the second quarter valued at about $26,000. Parvin Asset Management LLC acquired a new position in shares of VICI Properties in the 2nd quarter worth approximately $27,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties in the 2nd quarter worth approximately $28,000. Godsey & Gibb Inc. purchased a new position in shares of VICI Properties during the 3rd quarter worth approximately $29,000. Finally, BOKF NA purchased a new position in shares of VICI Properties during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Evercore restated an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Scotiabank cut VICI Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the company from $36.00 to $30.00 in a research note on Friday, January 30th. The Goldman Sachs Group cut their price objective on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Finally, Barclays lowered 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. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.69.

VICI Properties Price Performance

Shares of VICI opened at $28.09 on Thursday. The firm has a market capitalization of $30.03 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 3.29 and a beta of 0.67. The firm’s fifty day simple moving average is $28.96 and its 200-day simple moving average is $29.83. VICI Properties Inc. has a twelve month low of $27.48 and a twelve month high of $34.01. 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 issued its earnings results on Wednesday, February 25th. The company reported $0.57 EPS 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 for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm posted $0.57 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Equities analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be issued a $0.45 dividend. The ex-dividend date is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. VICI Properties’s dividend payout ratio is presently 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.