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Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Holdings in VICI Properties Inc. $VICI

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Key Points

  • Mitsubishi UFJ Asset Management increased its position in VICI Properties by 5.7% in Q4 to 3,081,534 shares (about $86.7 million), leaving institutional investors owning roughly 97.7% of the stock.
  • VICI beat Q1 estimates with $0.82 EPS vs. $0.71 expected and $1.02B revenue, set FY2026 guidance of 2.440–2.470 EPS (analysts ~2.46), and pays a quarterly $0.45 dividend (annualized yield ~6.3%).
  • Five stocks to consider instead of VICI Properties.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,081,534 shares of the company's stock after acquiring an additional 165,485 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.29% of VICI Properties worth $86,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of VICI. State of Wyoming bought a new stake in shares of VICI Properties during the second quarter valued at about $26,000. Headlands Technologies LLC bought a new position in shares of VICI Properties in the second quarter worth approximately $28,000. Godsey & Gibb Inc. bought a new position in shares of VICI Properties in the third quarter worth approximately $29,000. BOKF NA purchased a new stake in VICI Properties in the third quarter worth approximately $30,000. Finally, Avalon Trust Co purchased a new stake in VICI Properties in the third quarter worth approximately $35,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Stock Up 0.3%

NYSE VICI opened at $28.75 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The company has a market capitalization of $30.73 billion, a P/E ratio of 9.85, a P/E/G ratio of 3.28 and a beta of 0.67. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01. The stock has a 50 day moving average price of $28.43 and a 200-day moving average price of $28.78.

VICI Properties (NYSE:VICI - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, equities analysts predict that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties's dividend payout ratio is 61.64%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on VICI shares. Weiss Ratings reissued a "hold (c)" rating on shares of VICI Properties in a research note on Friday, March 27th. Mizuho reiterated a "neutral" rating and issued a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Robert W. Baird decreased their price objective on VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a report on Monday. Finally, Barclays raised their price target on VICI Properties from $33.00 to $34.00 and gave the company an "overweight" rating in a report on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $33.23.

Get Our Latest Research Report on VICI

About VICI Properties

(Free Report)

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.

Read More

Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICI - Free Report).

Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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