Securian Asset Management Inc. Lowers Stock Position in VICI Properties Inc. $VICI

Securian Asset Management Inc. reduced its position in VICI Properties Inc. (NYSE:VICI) by 43.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,063 shares of the company’s stock after selling 22,387 shares during the period. Securian Asset Management Inc.’s holdings in VICI Properties were worth $817,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VICI. State of Wyoming acquired a new stake in VICI Properties during the second quarter worth about $26,000. Headlands Technologies LLC purchased a new stake in shares of VICI Properties during the 2nd quarter worth about $28,000. BOKF NA purchased a new stake in shares of VICI Properties during the 3rd quarter worth about $30,000. Avalon Trust Co acquired a new stake in VICI Properties during the 3rd quarter worth approximately $35,000. Finally, Key Capital Management INC purchased a new position in 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 Performance

Shares of VICI stock opened at $28.22 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The company’s fifty day moving average price is $28.31 and its two-hundred day moving average price is $28.70. The firm has a market capitalization of $30.16 billion, a P/E ratio of 9.66 and a beta of 0.67. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the company earned $0.58 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts anticipate 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, April 9th. Shareholders of record on Thursday, March 19th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s dividend payout ratio is presently 61.64%.

Wall Street Analysts Forecast Growth

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