VICI Properties Inc. $VICI Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in VICI Properties Inc. (NYSE:VICI) by 108.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 437,733 shares of the company’s stock after buying an additional 227,450 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in VICI Properties were worth $11,959,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bayban acquired a new position in shares of VICI Properties in the 4th quarter valued at $25,000. State of Wyoming purchased a new position in VICI Properties in the 2nd quarter worth $26,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties during the 4th quarter worth about $28,000. Headlands Technologies LLC acquired a new stake in VICI Properties during the 2nd quarter worth about $28,000. Finally, Reflection Asset Management purchased a new stake in VICI Properties during the 4th quarter valued at about $29,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $27.19 on Friday. VICI Properties Inc. has a 12-month low of $26.08 and a 12-month high of $34.01. The company has a market capitalization of $29.07 billion, a PE ratio of 9.31 and a beta of 0.65. The business has a 50 day moving average of $27.88 and a two-hundred day moving average of $28.26. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.11. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts forecast that VICI Properties Inc. will post 2.46 EPS 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 paid a $0.45 dividend. 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 (DPR) is currently 61.64%.

Wall Street Analysts Forecast Growth

VICI has been the topic of a number of research reports. Scotiabank cut their price objective on 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 began coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research report on Monday, May 4th. Finally, Barclays upped their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and a consensus price target of $32.86.

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.