Nykredit A S Acquires Shares of 76,828 VICI Properties Inc. $VICI

Key Points

• Nykredit A/S initiated a position in VICI Properties by purchasing 76,828 shares worth approximately $2.04 million. Institutional investors collectively own 97.71% of the company.
• Analyst sentiment is mixed, with VICI carrying a consensus “Hold” rating and an average price target of $30.15; several firms recently lowered their targets, while Capital One maintained an Overweight rating.
• VICI shares opened at $24.00, near their 12-month low, while the company raised its quarterly dividend to $0.46 per share—an annualized $1.84 payout and a 7.7% yield.

Nykredit A S bought a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 76,828 shares of the company's stock, valued at approximately $2,040,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Parkside Financial Bank & Trust increased its holdings in VICI Properties by 44.2% in the second quarter. Parkside Financial Bank & Trust now owns 12,176 shares of the company's stock valued at $323,000 after purchasing an additional 3,735 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in VICI Properties by 1.8% during the second quarter. Allianz Asset Management GmbH now owns 31,527,182 shares of the company's stock worth $837,047,000 after buying an additional 566,922 shares during the last quarter. Corient Private Wealth LP grew its position in shares of VICI Properties by 30.9% during the 2nd quarter. Corient Private Wealth LP now owns 699,579 shares of the company's stock worth $18,574,000 after buying an additional 165,213 shares during the period. Amundi grew its position in shares of VICI Properties by 21.1% during the 2nd quarter. Amundi now owns 7,728,135 shares of the company's stock worth $205,182,000 after buying an additional 1,344,994 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of VICI Properties by 7.3% in the 2nd quarter. HighTower Advisors LLC now owns 4,672,284 shares of the company's stock valued at $124,049,000 after acquiring an additional 318,077 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

Trending Headlines about VICI Properties

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: Capital One lowered its price target modestly to $35 from $36 but maintained an Overweight rating, indicating continued confidence in VICI’s long-term prospects and potential upside. Capital One Adjusts Price Target on VICI Properties
• Positive Sentiment: Dividend income and existing analyst price targets continue to provide valuation support, particularly for investors seeking stable real estate cash flows. VICI Properties stock holds firm as dividend and analyst targets support valuation
• Neutral Sentiment: VICI formally appointed John M. Sullivan as an independent director. He will serve on the Compensation Committee and the Nominating and Governance Committee; the governance change is not expected to materially alter near-term earnings. VICI Properties formally appoints John M. Sullivan to board
• Neutral Sentiment: Analysts’ broader real estate commentary and a consensus “Hold” recommendation point to a balanced outlook rather than a strong catalyst for buying or selling. VICI Properties given consensus Hold recommendation
• Negative Sentiment: Evercore ISI cut its price target to $30 from $31 while retaining an “In Line” rating, adding to evidence that analysts see limited near-term upside. Evercore ISI adjusts price target on VICI Properties
• Negative Sentiment: A separate analyst downgraded VICI to “Sell,” citing potentially higher refinancing costs, rent escalators that may not keep pace with inflation, and added development and credit risks from non-gaming initiatives. VICI Properties analyst downgrade

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Raymond James Financial set a $29.00 target price on shares of VICI Properties in a report on Thursday, August 13th. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a report on Thursday, July 30th. Morgan Stanley decreased their price target on shares of VICI Properties from $31.00 to $29.00 and set an "equal weight" rating for the company in a report on Tuesday, September 15th. Barclays lowered their price objective on shares of VICI Properties from $34.00 to $31.00 and set an "overweight" rating for the company in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada began coverage on VICI Properties in a research note on Thursday, June 25th. They set a "sector perform" rating and a $29.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $30.15.

VICI Properties Trading Down 0.2%

Shares of NYSE:VICI opened at $24.00 on Wednesday. The firm has a market cap of $26.42 billion, a price-to-earnings ratio of 9.30 and a beta of 0.65. VICI Properties Inc. has a 12 month low of $23.72 and a 12 month high of $33.01. The company's fifty day simple moving average is $25.93 and its 200 day simple moving average is $27.17. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing analysts' consensus estimates of $0.71 by ($0.09). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.VICI Properties's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, research analysts forecast that VICI Properties Inc. will post 2.47 EPS for the current fiscal year.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be given a dividend of $0.46 per share. This is an increase from VICI Properties's previous quarterly dividend of $0.45. This represents a $1.84 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Thursday, September 17th. VICI Properties's payout ratio is currently 71.32%.

VICI Properties Company Profile

VICI Properties, Inc NYSE: VICI is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI's portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.

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