Diversified Trust Co Makes New Investment in VICI Properties Inc. $VICI

Diversified Trust Co acquired a new stake in VICI Properties Inc. (NYSE:VICI) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 74,835 shares of the company’s stock, valued at approximately $2,044,000.

A number of other institutional investors also recently modified their holdings of the stock. Norges Bank acquired a new position in shares of VICI Properties during the fourth quarter worth approximately $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of VICI Properties by 31,134.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after purchasing an additional 10,185,477 shares in the last quarter. Man Group plc raised its position in VICI Properties by 100.6% in the 4th quarter. Man Group plc now owns 11,406,537 shares of the company’s stock worth $320,752,000 after purchasing an additional 5,720,867 shares during the last quarter. Voloridge Investment Management LLC raised its position in VICI Properties by 247.8% in the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after purchasing an additional 5,551,620 shares during the last quarter. Finally, UBS Group AG raised its position in VICI Properties by 99.5% in the 3rd quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock worth $314,886,000 after purchasing an additional 4,815,053 shares during the last quarter. 97.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VICI has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research report on Monday, May 4th. Barclays boosted their target price on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Robert W. Baird cut their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Mizuho reiterated a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and a consensus target price of $33.15.

VICI Properties Trading Up 0.0%

NYSE VICI opened at $26.28 on Monday. VICI Properties Inc. has a 12 month low of $26.27 and a 12 month high of $34.01. The stock has a 50-day simple moving average of $28.20 and a 200 day simple moving average of $28.35. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $28.10 billion, a PE ratio of 9.00 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The firm 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 company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Thursday, June 18th. 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.