Border to Coast Pensions Partnership Ltd Buys 25,000 Shares of VICI Properties Inc. $VICI

Border to Coast Pensions Partnership Ltd increased its position in shares of VICI Properties Inc. (NYSE:VICI) by 3.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 750,000 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. Border to Coast Pensions Partnership Ltd owned about 0.07% of VICI Properties worth $20,553,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VICI. Norges Bank acquired a new position in VICI Properties in the fourth quarter valued at about $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of VICI Properties by 31,134.9% during the 4th 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 boosted its holdings in shares of VICI Properties by 100.6% in the fourth quarter. Man Group plc now owns 11,406,537 shares of the company’s stock valued at $320,752,000 after buying an additional 5,720,867 shares during the period. Voloridge Investment Management LLC boosted its stake 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 period. Finally, SG Americas Securities LLC boosted its position in shares of VICI Properties by 1,001.4% during the first quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock worth $154,609,000 after buying an additional 5,145,372 shares during the period. 97.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VICI shares. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday. Scotiabank decreased their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Robert W. Baird decreased their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Finally, Royal Bank Of Canada initiated coverage on shares of VICI Properties in a research note on Thursday. They set a “sector perform” rating and a $29.00 target price for the company. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $32.86.

VICI Properties Trading Up 2.4%

VICI stock opened at $27.16 on Friday. VICI Properties Inc. has a 52 week low of $26.08 and a 52 week high of $34.01. The company has a market capitalization of $29.04 billion, a PE ratio of 9.30 and a beta of 0.65. The company’s 50-day simple moving average is $28.05 and its 200 day simple moving average is $28.30. 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 posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The business 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 dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 6.6%. 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.