AIA Group Ltd Acquires 195,825 Shares of VICI Properties Inc. $VICI

AIA Group Ltd increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 217.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 285,824 shares of the company’s stock after acquiring an additional 195,825 shares during the period. AIA Group Ltd’s holdings in VICI Properties were worth $7,809,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in VICI Properties by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after purchasing an additional 1,705,855 shares in the last quarter. State Street Corp raised its position in shares of VICI Properties by 1.7% during the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock valued at $1,817,165,000 after buying an additional 1,080,992 shares during the last quarter. Geode Capital Management LLC raised its position in shares of VICI Properties by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after buying an additional 1,037,345 shares during the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of VICI Properties by 8.2% in the fourth quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock worth $851,821,000 after buying an additional 2,305,719 shares in the last quarter. Finally, Norges Bank bought a new position in shares of VICI Properties during the fourth quarter worth $537,676,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on VICI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Barclays boosted their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada initiated coverage on VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research report on Monday, May 4th. Finally, Morgan Stanley cut their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $32.21.

VICI Properties Stock Up 0.0%

Shares of NYSE VICI opened at $26.88 on Monday. The firm’s 50-day moving average price is $27.44 and its 200-day moving average price is $28.15. 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 stock has a market capitalization of $28.74 billion, a price-to-earnings ratio of 9.21 and a beta of 0.65. VICI Properties Inc. has a 12-month low of $25.82 and a 12-month high of $34.01.

VICI Properties (NYSE:VICI) last released its quarterly 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. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business posted $0.58 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities research analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

VICI Properties Company 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.