Norges Bank Acquires New Stake in VICI Properties Inc. $VICI

Norges Bank acquired a new stake in VICI Properties Inc. (NYSE:VICI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,120,754 shares of the company’s stock, valued at approximately $537,676,000. Norges Bank owned 1.79% of VICI Properties as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VICI. NewEdge Advisors LLC increased its position in VICI Properties by 204.4% during the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after purchasing an additional 25,234 shares during the period. Woodline Partners LP grew its holdings in VICI Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after acquiring an additional 26,017 shares during the period. Jump Financial LLC grew its holdings in VICI Properties by 45.0% during the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock worth $867,000 after acquiring an additional 8,259 shares during the period. Treasurer of the State of North Carolina grew its holdings in VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after acquiring an additional 478,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in VICI Properties by 1.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after acquiring an additional 2,775 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VICI shares. Robert W. Baird decreased their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Scotiabank raised 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. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research report on Monday, May 4th. Barclays raised 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.38.

VICI Properties Stock Performance

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

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the firm posted $0.58 EPS. VICI Properties’s revenue 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. Sell-side analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were given a $0.45 dividend. 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 (DPR) is presently 61.64%.

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.