Forsta AP Fonden Has $12.84 Million Stock Position in VICI Properties Inc. $VICI

Forsta AP Fonden reduced its holdings in VICI Properties Inc. (NYSE:VICI) by 13.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 456,700 shares of the company’s stock after selling 72,100 shares during the quarter. Forsta AP Fonden’s holdings in VICI Properties were worth $12,842,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Citigroup Inc. increased its position in 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 acquiring an additional 1,691,653 shares during the period. Wealth Enhancement Advisory Services LLC increased its position 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 acquiring an additional 173,013 shares during the period. Allianz Asset Management GmbH increased its position in 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 during the period. Bank of America Corp DE increased its position in VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after acquiring an additional 3,968,349 shares during the period. Finally, California Public Employees Retirement System increased its position in VICI Properties by 43.8% in 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 period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VICI. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Scotiabank increased their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 12th. Barclays increased their price objective 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. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research report on Monday, May 4th. Finally, Mizuho reiterated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Up 0.0%

Shares of NYSE VICI opened at $28.23 on Monday. The firm has a market cap of $30.17 billion, a PE ratio of 9.67 and a beta of 0.65. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01. The company’s fifty day simple moving average is $28.13 and its 200 day simple moving average is $28.54. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last issued its earnings results 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 analyst estimates 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 was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, sell-side 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. Investors of record on Thursday, March 19th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.4%. VICI Properties’s dividend payout ratio is currently 61.64%.

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.