TD Asset Management Inc Increases Stock Holdings in VICI Properties Inc. $VICI

TD Asset Management Inc boosted its position in shares of VICI Properties Inc. (NYSE:VICI) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 697,265 shares of the company’s stock after purchasing an additional 35,944 shares during the period. TD Asset Management Inc’s holdings in VICI Properties were worth $19,607,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Wyoming purchased a new position in VICI Properties during the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. purchased a new position in VICI Properties during the 4th quarter valued at about $28,000. Headlands Technologies LLC purchased a new position in VICI Properties during the 2nd quarter valued at about $28,000. BOKF NA purchased a new position in VICI Properties during the 3rd quarter valued at about $30,000. Finally, Sarver Vrooman Wealth Advisors purchased a new position in VICI Properties during the 4th quarter valued at about $33,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VICI shares. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Robert W. Baird reduced their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Scotiabank increased their price target on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Trading Up 0.1%

NYSE:VICI opened at $27.88 on Monday. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01. The stock has a market cap of $29.81 billion, a P/E ratio of 9.55 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. The stock has a 50-day simple moving average of $28.16 and a 200-day simple moving average of $28.44.

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

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.5%. The ex-dividend date is Thursday, June 18th. 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.