Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires New Shares in VICI Properties Inc. $VICI

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in VICI Properties Inc. (NYSE:VICI) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 30,919 shares of the company’s stock, valued at approximately $869,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Citigroup Inc. lifted its stake in shares of VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after purchasing an additional 1,691,653 shares during the last quarter. Allianz Asset Management GmbH raised its stake in shares of VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock valued at $912,644,000 after acquiring an additional 2,937,039 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of 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 acquiring an additional 173,013 shares in the last quarter. Bank of America Corp DE boosted its position in VICI Properties by 17.9% during 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 during the period. Finally, California Public Employees Retirement System boosted its position in VICI Properties by 43.8% during the third quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock worth $112,664,000 after purchasing an additional 1,052,393 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Up 0.3%

VICI Properties stock opened at $28.50 on Friday. 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 business’s 50-day simple moving average is $28.13 and its 200-day simple moving average is $28.62. The firm has a market capitalization of $30.46 billion, a PE ratio of 9.76 and a beta of 0.67. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01.

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

VICI Properties Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on VICI shares. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Mizuho reaffirmed a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Robert W. Baird dropped their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays boosted their target price on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

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.