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

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of VICI Properties Inc. (NYSE:VICI) by 108.2% in the 1st quarter, Holdings Channel reports. The firm owned 437,733 shares of the company’s stock after purchasing 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 reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in VICI Properties by 24.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after buying an additional 173,013 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of VICI Properties by 17.9% during the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after acquiring an additional 3,968,349 shares during the period. California Public Employees Retirement System boosted its position in shares of VICI Properties by 43.8% during the 3rd quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock valued at $112,664,000 after acquiring an additional 1,052,393 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of VICI Properties by 24.9% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after acquiring an additional 1,406,897 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of VICI Properties in the third quarter valued at about $13,926,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of VICI opened at $27.19 on Friday. The firm has a 50-day simple moving average of $27.88 and a two-hundred day simple moving average of $28.26. The stock has a market cap of $29.07 billion, a PE ratio of 9.31 and a beta of 0.65. VICI Properties Inc. has a 1-year low of $26.08 and a 1-year 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 issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. The firm 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 business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the business 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 Announces Dividend

The company 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 dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio is 61.64%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Royal Bank Of Canada began coverage on shares of VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a report on Monday, May 4th. Scotiabank dropped their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Barclays raised their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus target price of $32.86.

About VICI Properties

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.