VICI Properties Inc. $VICI Stock Holdings Increased by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 56.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 576,695 shares of the company’s stock after buying an additional 208,646 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in VICI Properties were worth $15,755,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aptus Capital Advisors LLC raised its position in shares of VICI Properties by 5.2% during the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock worth $216,000 after purchasing an additional 329 shares during the period. Arete Wealth Advisors LLC boosted its position in shares of VICI Properties by 3.8% in the 3rd quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares during the period. Choreo LLC increased its stake in VICI Properties by 1.8% in the 3rd quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after purchasing an additional 355 shares in the last quarter. Provident Investment Management Inc. raised its holdings in VICI Properties by 1.5% during the 3rd quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after buying an additional 375 shares during the period. Finally, Hurley Capital LLC lifted its stake in VICI Properties by 5.9% during the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock valued at $226,000 after buying an additional 388 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Upgrades and Downgrades

VICI has been the subject of several recent analyst reports. Robert W. Baird decreased their target price 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. Mizuho restated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Scotiabank cut their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research report on Monday, May 4th. 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 company currently has an average rating of “Moderate Buy” and an average target price of $33.15.

VICI Properties Stock Performance

VICI stock opened at $26.28 on Friday. The firm has a 50 day simple moving average of $28.20 and a 200 day simple moving average of $28.35. VICI Properties Inc. has a 52 week low of $26.27 and a 52 week high of $34.01. The stock has a market cap of $28.10 billion, a P/E ratio of 9.00 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.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the business earned $0.58 EPS. The company’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. Research analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

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