VICI Properties Inc. $VICI Shares Purchased by Achmea Investment Management B.V.

Achmea Investment Management B.V. raised its holdings in VICI Properties Inc. (NYSE:VICI) by 1,717.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 712,056 shares of the company’s stock after acquiring an additional 672,885 shares during the period. Achmea Investment Management B.V. owned 0.07% of VICI Properties worth $23,213,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Allianz Asset Management GmbH raised its holdings in VICI Properties by 7.5% in the 2nd quarter. Allianz Asset Management GmbH now owns 25,049,606 shares of the company’s stock valued at $816,617,000 after acquiring an additional 1,755,385 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in VICI Properties by 205.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company’s stock valued at $556,077,000 after acquiring an additional 11,458,239 shares during the last quarter. Northern Trust Corp raised its holdings in VICI Properties by 13.2% in the 1st quarter. Northern Trust Corp now owns 13,743,229 shares of the company’s stock valued at $448,304,000 after acquiring an additional 1,606,559 shares during the last quarter. Invesco Ltd. raised its holdings in VICI Properties by 0.6% in the 1st quarter. Invesco Ltd. now owns 13,491,589 shares of the company’s stock valued at $440,096,000 after acquiring an additional 77,544 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in VICI Properties by 1.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 12,345,173 shares of the company’s stock valued at $402,700,000 after acquiring an additional 135,836 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Down 0.3%

Shares of VICI Properties stock opened at $30.17 on Thursday. The business has a 50-day moving average of $31.92 and a 200-day moving average of $32.28. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60. The company has a market capitalization of $32.24 billion, a PE ratio of 11.51, a P/E/G ratio of 3.01 and a beta of 0.72. VICI Properties Inc. has a 1-year low of $27.98 and a 1-year high of $34.03.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, equities analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, September 18th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.43. This represents a $1.80 annualized dividend and a dividend yield of 6.0%. VICI Properties’s dividend payout ratio is 68.70%.

Analyst Ratings Changes

VICI has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price target on VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Wells Fargo & Company upped their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. JMP Securities set a $35.00 price objective on VICI Properties in a report on Tuesday, July 22nd. Scotiabank upped their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Finally, Citigroup restated a “market outperform” rating on shares of VICI Properties in a report on Tuesday, July 22nd. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.85.

VICI Properties Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.