SEB Asset Management AB Makes New $19.18 Million Investment in VICI Properties Inc. $VICI

SEB Asset Management AB purchased a new position in shares of VICI Properties Inc. (NYSE:VICI) during the first quarter, Holdings Channel reports. The institutional investor purchased 701,877 shares of the company’s stock, valued at approximately $19,175,000.

Other institutional investors have also recently made changes to their positions in the company. Bayban bought a new stake in shares of VICI Properties in the fourth quarter valued at about $25,000. State of Wyoming bought a new position in VICI Properties during the 2nd quarter worth about $26,000. Evolution Wealth Management Inc. bought a new position in VICI Properties during the 4th quarter worth about $28,000. Headlands Technologies LLC purchased a new position in VICI Properties during the 2nd quarter valued at about $28,000. Finally, Reflection Asset Management purchased a new position in VICI Properties during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.0%

Shares of VICI Properties stock opened at $26.88 on Monday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market cap of $28.74 billion, a P/E ratio of 9.21 and a beta of 0.65. The firm’s 50 day moving average price is $27.44 and its 200-day moving average price is $28.15. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01.

VICI Properties (NYSE:VICI) last posted 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 company had revenue of $1.02 billion during 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%. VICI Properties’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, sell-side analysts predict that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 61.64%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on VICI shares. Royal Bank Of Canada started coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target for the company. Wells Fargo & Company cut their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Finally, Morgan Stanley dropped their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $32.21.

VICI Properties Company 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.