Wilsey Asset Management Inc. Boosts Stock Holdings in VICI Properties Inc. $VICI

Wilsey Asset Management Inc. grew its holdings in VICI Properties Inc. (NYSE:VICI) by 6.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,035,598 shares of the company’s stock after purchasing an additional 63,116 shares during the quarter. VICI Properties makes up 4.5% of Wilsey Asset Management Inc.’s portfolio, making the stock its 15th biggest position. Wilsey Asset Management Inc. owned 0.10% of VICI Properties worth $29,121,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of VICI Properties in the 2nd quarter worth $486,945,000. UBS Group AG grew its stake in VICI Properties by 99.5% in the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock valued at $314,886,000 after purchasing an additional 4,815,053 shares during the last quarter. Bank of America Corp DE raised its holdings in VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after purchasing an additional 3,968,349 shares in the last quarter. Allianz Asset Management GmbH lifted its position in shares of VICI Properties by 11.7% during the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock valued at $912,644,000 after buying an additional 2,937,039 shares during the last quarter. Finally, State Street Corp raised its stake in shares of VICI Properties by 4.8% during the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company’s stock worth $2,065,862,000 after acquiring an additional 2,844,265 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on VICI shares. Cantor Fitzgerald set a $33.00 price target on shares of VICI Properties in a report on Monday, January 5th. Robert W. Baird lowered their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Mizuho reaffirmed a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Evercore restated an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $33.69.

VICI Properties Stock Down 4.0%

VICI stock opened at $26.86 on Friday. The company has a market capitalization of $28.71 billion, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 3.21 and a beta of 0.67. The firm’s fifty day simple moving average is $28.94 and its 200-day simple moving average is $29.77. VICI Properties Inc. has a 12 month low of $26.75 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. VICI Properties’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, equities research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.7%. The ex-dividend date is Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is currently 68.97%.

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.