Border to Coast Pensions Partnership Ltd Purchases 150,000 Shares of VICI Properties Inc. $VICI

Key Points

• Border to Coast Pensions Partnership Ltd increased its holding in VICI by 150,000 shares (a 26.1% rise) to 725,000 shares, worth about $20.42 million, and institutional investors now own 97.71% of the company.
• VICI reported Q EPS of $0.57 (missing the $0.60 consensus) on $1.01 billion in revenue (+3.8% YoY), set FY2026 EPS guidance of 2.420–2.450, and recently paid a quarterly dividend of $0.45 (annualized yield 6.4%).
• Shares trade near $28 with a P/E of 10.78 and market cap of about $30.1 billion, and analysts give a consensus rating of Moderate Buy with a $33.69 price target.

Border to Coast Pensions Partnership Ltd grew its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 26.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 725,000 shares of the company's stock after acquiring an additional 150,000 shares during the period. Border to Coast Pensions Partnership Ltd owned 0.07% of VICI Properties worth $20,424,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VICI. UBS Group AG grew its holdings in VICI Properties by 99.5% during the 3rd quarter. UBS Group AG now owns 9,656,111 shares of the company's stock worth $314,886,000 after acquiring an additional 4,815,053 shares during the period. Bank of America Corp DE boosted its stake in VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company's stock worth $853,087,000 after purchasing an additional 3,968,349 shares during the period. Allianz Asset Management GmbH boosted its stake in VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company's stock worth $912,644,000 after purchasing an additional 2,937,039 shares during the period. State Street Corp boosted its stake in VICI Properties by 4.8% in the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company's stock worth $2,065,862,000 after purchasing an additional 2,844,265 shares during the period. Finally, Northern Trust Corp boosted its stake in VICI Properties by 19.4% in the 3rd quarter. Northern Trust Corp now owns 16,347,424 shares of the company's stock worth $533,089,000 after purchasing an additional 2,655,916 shares during the period. Institutional investors own 97.71% of the company's stock.

VICI Properties Trading Down 0.8%

VICI Properties stock opened at $28.14 on Thursday. The firm has a 50-day moving average of $28.67 and a 200-day moving average of $29.11. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The company has a market cap of $30.08 billion, a price-to-earnings ratio of 10.78, a P/E/G ratio of 3.25 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned $0.57 earnings per share. The company's quarterly revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, equities analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Thursday, March 19th. VICI Properties's dividend payout ratio is currently 68.97%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of VICI Properties in a research note on Friday, March 27th. Mizuho reaffirmed a "neutral" rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Robert W. Baird reduced their target price on shares of VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a research note on Monday, March 2nd. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research note on Monday, January 5th. Finally, Scotiabank lowered shares of VICI Properties from a "sector outperform" rating to a "sector perform" rating and reduced their target price for the stock from $36.00 to $30.00 in a research note on Friday, January 30th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $33.69.

About VICI Properties

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.

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