Black Swift Group LLC Has $412,000 Holdings in VICI Properties Inc. $VICI

Black Swift Group LLC cut its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 82.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,650 shares of the company’s stock after selling 69,355 shares during the quarter. Black Swift Group LLC’s holdings in VICI Properties were worth $412,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the company. Virtue Asset Management LLC raised its stake in shares of VICI Properties by 3.9% in the fourth quarter. Virtue Asset Management LLC now owns 38,736 shares of the company’s stock valued at $1,089,000 after purchasing an additional 1,468 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of VICI Properties by 4.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 1,988,591 shares of the company’s stock valued at $55,919,000 after purchasing an additional 79,409 shares in the last quarter. Verity & Verity LLC raised its stake in shares of VICI Properties by 4.2% in the fourth quarter. Verity & Verity LLC now owns 602,401 shares of the company’s stock valued at $16,940,000 after purchasing an additional 24,235 shares in the last quarter. Essex Financial Services Inc. raised its stake in shares of VICI Properties by 7.1% in the fourth quarter. Essex Financial Services Inc. now owns 22,210 shares of the company’s stock valued at $625,000 after purchasing an additional 1,477 shares in the last quarter. Finally, MUFG Securities EMEA plc raised its stake in shares of VICI Properties by 114.4% in the fourth quarter. MUFG Securities EMEA plc now owns 43,766 shares of the company’s stock valued at $1,231,000 after purchasing an additional 23,355 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VICI. Scotiabank upped their target price on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Barclays increased their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research note on Monday, May 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. 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 Stock Performance

VICI Properties stock opened at $28.23 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The stock has a fifty day moving average price of $28.13 and a two-hundred day moving average price of $28.54. VICI Properties Inc. has a 52-week low of $26.55 and a 52-week high of $34.01. The firm has a market capitalization of $30.17 billion, a P/E ratio of 9.67 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were issued a $0.45 dividend. The ex-dividend date was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.4%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

VICI Properties 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.