Swedbank AB Increases Position in VICI Properties Inc. $VICI

Swedbank AB raised its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,504,472 shares of the company’s stock after buying an additional 629,742 shares during the period. Swedbank AB owned about 0.52% of VICI Properties worth $154,786,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State of Wyoming purchased a new position in shares of VICI Properties during the second quarter valued at approximately $26,000. Headlands Technologies LLC purchased a new position in shares of VICI Properties during the second quarter valued at approximately $28,000. BOKF NA purchased a new position in shares of VICI Properties during the third quarter valued at approximately $30,000. Avalon Trust Co purchased a new stake in shares of VICI Properties in the third quarter valued at approximately $35,000. Finally, Key Capital Management INC purchased a new stake in shares of VICI Properties in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.0%

VICI Properties stock opened at $28.53 on Friday. The business has a fifty day moving average of $28.14 and a two-hundred day moving average of $28.62. 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 firm has a market cap of $30.50 billion, a P/E ratio of 9.77 and a beta of 0.67. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.

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 analysts’ consensus estimates of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on VICI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Scotiabank boosted their price target on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Mizuho reiterated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a report on Monday, May 4th. Finally, Barclays boosted their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.