North Dakota State Investment Board Buys New Stake in VICI Properties Inc. $VICI

North Dakota State Investment Board purchased a new position in VICI Properties Inc. (NYSE:VICI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 36,210 shares of the company’s stock, valued at approximately $1,018,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State of Wyoming purchased a new stake in VICI Properties in the 2nd quarter worth $26,000. Headlands Technologies LLC purchased a new stake in VICI Properties in the 2nd quarter worth $28,000. BOKF NA purchased a new stake in VICI Properties in the 3rd quarter worth $30,000. Avalon Trust Co purchased a new stake in VICI Properties in the 3rd quarter worth $35,000. Finally, Key Capital Management INC purchased a new stake in VICI Properties in the 4th quarter worth $37,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

VICI Properties stock opened at $28.41 on Thursday. 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 $30.37 billion, a price-to-earnings ratio of 9.73 and a beta of 0.67. The company has a fifty day simple moving average of $28.15 and a 200-day simple moving average of $28.63. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last announced 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 analyst estimates of $1.01 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. VICI Properties’s quarterly 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 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio is currently 61.64%.

Analysts Set New Price Targets

VICI has been the subject of several recent analyst reports. Scotiabank boosted their price target on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Mizuho reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. 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 report on Tuesday, April 21st. Finally, Robert W. Baird cut their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $33.38.

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.