Andra AP fonden Decreases Position in VICI Properties Inc. $VICI

Andra AP fonden trimmed its stake in VICI Properties Inc. (NYSE:VICI) by 73.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 159,784 shares of the company’s stock after selling 450,416 shares during the period. Andra AP fonden’s holdings in VICI Properties were worth $4,365,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Corrado Advisors LLC raised its holdings in shares of VICI Properties by 0.8% in the first quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock worth $1,374,000 after buying an additional 393 shares during the period. Farther Finance Advisors LLC boosted its holdings in VICI Properties by 2.9% during the 4th quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock valued at $431,000 after acquiring an additional 434 shares during the period. West Paces Advisors Inc. grew its position in VICI Properties by 2.4% in the 4th quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock valued at $513,000 after acquiring an additional 435 shares during the last quarter. Brookstone Capital Management increased its stake in VICI Properties by 6.6% in the fourth quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock worth $202,000 after purchasing an additional 444 shares during the period. Finally, Beacon Investment Advisors LLC increased its stake in VICI Properties by 3.4% in the fourth quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock worth $393,000 after purchasing an additional 455 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.1%

NYSE:VICI opened at $26.59 on Thursday. VICI Properties Inc. has a fifty-two week low of $25.82 and a fifty-two week high of $34.01. The stock has a market capitalization of $28.43 billion, a P/E ratio of 9.11 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The company’s 50-day simple moving average is $27.32 and its 200-day simple moving average is $28.11.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data 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 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 analyst estimates of $1.01 billion. During the same quarter in the previous year, the business posted $0.58 EPS. VICI Properties’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 analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is 61.64%.

Analyst Ratings Changes

VICI has been the topic of a number of research analyst reports. Scotiabank cut their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Royal Bank Of Canada started coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research note on Monday, May 4th. Finally, Morgan Stanley lowered 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. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, VICI Properties has an average rating of “Hold” and a consensus target price of $31.77.

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.