Tredje AP fonden Raises Stock Position in VICI Properties Inc. $VICI

Tredje AP fonden lifted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 29.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,119 shares of the company’s stock after buying an additional 21,056 shares during the quarter. Tredje AP fonden’s holdings in VICI Properties were worth $2,590,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Handelsbanken Fonder AB lifted its position in shares of VICI Properties by 1.1% during the 4th quarter. Handelsbanken Fonder AB now owns 679,126 shares of the company’s stock worth $19,097,000 after buying an additional 7,075 shares during the last quarter. Paradigm Capital Management LLC NV lifted its position in shares of VICI Properties by 33.9% during the 4th quarter. Paradigm Capital Management LLC NV now owns 14,725 shares of the company’s stock worth $414,000 after buying an additional 3,725 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of VICI Properties by 9.7% during the 4th quarter. ProShare Advisors LLC now owns 294,902 shares of the company’s stock worth $8,293,000 after buying an additional 26,006 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of VICI Properties by 2.5% during the 4th quarter. HighTower Advisors LLC now owns 3,338,936 shares of the company’s stock worth $93,891,000 after buying an additional 80,926 shares during the last quarter. Finally, Pathway Financial Advisers LLC lifted its position in shares of VICI Properties by 1.5% during the 4th quarter. Pathway Financial Advisers LLC now owns 108,782 shares of the company’s stock worth $3,059,000 after buying an additional 1,561 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI Properties stock opened at $28.41 on Thursday. The firm’s fifty day simple moving average is $28.15 and its 200-day simple moving average is $28.63. The stock has a market capitalization of $30.37 billion, a price-to-earnings ratio of 9.73 and a beta of 0.67. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62.

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

VICI Properties Announces Dividend

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

Analysts Set New Price Targets

VICI has been the subject of several recent analyst reports. Robert W. Baird reduced their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a report on Monday, May 4th. Barclays lifted their target price 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. Finally, Scotiabank lifted their target price on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and an average price target 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.