Danske Bank A S Invests $60.95 Million in VICI Properties Inc. $VICI

Danske Bank A S acquired a new stake in VICI Properties Inc. (NYSE:VICI) in the second quarter, Holdings Channel.com reports. The firm acquired 2,295,746 shares of the company’s stock, valued at approximately $60,952,000.

Several other hedge funds also recently bought and sold shares of VICI. Bayban bought a new stake in VICI Properties during the 4th quarter worth approximately $25,000. Dynamic Wealth Strategies LLC bought a new position in VICI Properties in the 1st quarter valued at $25,000. State of Wyoming bought a new position in VICI Properties in the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. bought a new position in VICI Properties in the 4th quarter valued at $28,000. Finally, Headlands Technologies LLC purchased a new position in shares of VICI Properties during the 2nd quarter valued at $28,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 0.0%

Shares of VICI opened at $25.95 on Wednesday. The firm has a market cap of $28.58 billion, a P/E ratio of 10.06 and a beta of 0.65. The stock has a 50 day simple moving average of $26.70 and a two-hundred day simple moving average of $27.87. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. VICI Properties Inc. has a 1 year low of $25.81 and a 1 year high of $33.92.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.9%. VICI Properties’s dividend payout ratio (DPR) is currently 69.77%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on VICI shares. Cantor Fitzgerald decreased their price target on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Raymond James Financial set a $29.00 price objective on VICI Properties in a research note on Thursday, August 13th. Royal Bank Of Canada initiated coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Scotiabank decreased their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a report on Friday, July 31st. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $31.29.

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.