BI Asset Management Fondsmaeglerselskab A S Boosts Stock Position in VICI Properties Inc. $VICI

BI Asset Management Fondsmaeglerselskab A S increased its stake in VICI Properties Inc. (NYSE:VICI) by 15.7% in the fourth quarter, HoldingsChannel reports. The fund owned 368,049 shares of the company’s stock after purchasing an additional 49,890 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in VICI Properties were worth $10,350,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of VICI. State of Wyoming bought a new stake in shares of VICI Properties in the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. bought a new stake in shares of VICI Properties in the 4th quarter valued at about $28,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties in the 2nd quarter valued at about $28,000. BOKF NA bought a new stake in shares of VICI Properties in the 3rd quarter valued at about $30,000. Finally, Sarver Vrooman Wealth Advisors bought a new stake in shares of VICI Properties in the 4th quarter valued at about $33,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VICI shares. Mizuho reissued a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Barclays boosted their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Robert W. Baird lowered 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. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Stock Up 2.5%

Shares of NYSE:VICI opened at $27.88 on Friday. 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 $29.81 billion, a P/E ratio of 9.55 and a beta of 0.65. The stock has a 50 day moving average price of $28.16 and a 200-day moving average price of $28.45. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

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

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio 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.