Strategic Global Advisors LLC Acquires Shares of 152,457 VICI Properties Inc. $VICI

Strategic Global Advisors LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 152,457 shares of the company’s stock, valued at approximately $4,287,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VICI. Norges Bank bought a new position in shares of VICI Properties during the fourth quarter valued at $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of VICI Properties by 31,134.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock valued at $287,336,000 after acquiring an additional 10,185,477 shares in the last quarter. UBS Group AG increased its holdings in shares of VICI Properties by 99.5% during the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock valued at $314,886,000 after acquiring an additional 4,815,053 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in shares of VICI Properties by 1,699.8% during the fourth quarter. Jupiter Asset Management Ltd. now owns 4,544,692 shares of the company’s stock valued at $127,797,000 after acquiring an additional 4,292,183 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of VICI Properties by 17.9% during the third 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 in the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VICI shares. Barclays lifted their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Scotiabank lifted their price objective on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Finally, Mizuho reiterated a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Down 0.1%

VICI stock opened at $28.50 on Monday. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a market cap of $30.46 billion, a P/E ratio of 9.76 and a beta of 0.65. The business’s 50-day moving average price is $28.26 and its 200-day moving average price is $28.41.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 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 company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the firm earned $0.58 EPS. The firm’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. On average, equities research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio is 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.