VICI Properties Inc. $VICI Holdings Increased by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its VICI Properties stake by 4.3% in the third quarter, bringing its holdings to 2.17 million shares valued at approximately $49.9 million. Institutional investors collectively own 97.71% of the company.
• Analysts maintain a generally positive outlook, with VICI receiving a consensus “Moderate Buy” rating and an average price target of $29.81, despite some firms recently downgrading or reducing their targets.
• VICI reported quarterly revenue of $1.07 billion, slightly above estimates, but earnings of $0.62 per share missed some analyst forecasts. The company raised its quarterly dividend to $0.46 per share, representing an annualized yield of approximately 7.8%.

Asset Management One Co. Ltd. raised its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 4.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,174,270 shares of the company's stock after buying an additional 88,908 shares during the quarter. Asset Management One Co. Ltd. owned 0.20% of VICI Properties worth $49,943,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. Dynamic Wealth Strategies LLC bought a new stake in VICI Properties during the 1st quarter worth approximately $25,000. Sachetta LLC raised its holdings in VICI Properties by 213.1% during the 1st quarter. Sachetta LLC now owns 1,171 shares of the company's stock worth $32,000 after buying an additional 797 shares during the period. Silvant Capital Management LLC acquired a new stake in VICI Properties during the 2nd quarter worth approximately $33,000. Physician Wealth Advisors Inc. lifted its stake in VICI Properties by 54.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,369 shares of the company's stock valued at $37,000 after buying an additional 483 shares in the last quarter. Finally, Atlatl Advisers LLC bought a new position in VICI Properties in the second quarter valued at approximately $38,000. Institutional investors own 97.71% of the company's stock.

Wall Street Analyst Weigh In

VICI has been the topic of several research reports. Morgan Stanley cut their target price on VICI Properties from $31.00 to $29.00 and set an "equal weight" rating on the stock in a research note on Tuesday, September 15th. Raymond James Financial set a $29.00 price target on VICI Properties in a research report on Thursday, August 13th. JPMorgan Chase & Co. cut shares of VICI Properties from an "overweight" rating to a "neutral" rating and set a $30.00 price target for the company. in a research note on Thursday, September 24th. Evercore set a $30.00 price objective on shares of VICI Properties in a report on Monday, September 21st. Finally, Weiss Ratings lowered shares of VICI Properties from a "hold (c)" rating to a "hold (c-)" rating in a research report on Wednesday, September 9th. Eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $29.81.

VICI Properties Stock Performance

Shares of VICI stock opened at $23.50 on Thursday. The company has a market capitalization of $25.88 billion, a price-to-earnings ratio of 9.11 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The company has a 50-day simple moving average of $24.24 and a 200 day simple moving average of $26.99. VICI Properties Inc. has a 52 week low of $22.42 and a 52 week high of $30.83.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $0.72 by ($0.10). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company earned $0.60 earnings per share. The business's quarterly revenue was up 5.8% compared to the same quarter last year. On average, sell-side analysts predict that VICI Properties Inc. will post 2.47 earnings per share for the current year.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were 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 yield of 7.8%. The ex-dividend date was Thursday, September 17th. VICI Properties's dividend payout ratio (DPR) is presently 71.32%.

VICI Properties News Roundup

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

• Positive Sentiment: Revenue increased to approximately $1.07 billion, topping the $1.06 billion analyst estimate. AFFO also rose year over year, and the company raised its 2026 guidance, supporting the outlook for continued growth from lease escalations and its diversified gaming and entertainment property portfolio. VICI Properties Q3 AFFO, Revenue Rise; Lifts 2026 Guidance
• Positive Sentiment: Third-quarter funds from operations, a key REIT performance measure, came in at $0.62 per share, up from $0.60 a year earlier and in line with the Zacks consensus estimate. VICI Properties Inc. Q3 FFO Meet Estimates
• Neutral Sentiment: Results were complicated by differing estimates: the $0.62 FFO figure matched Zacks’ consensus but fell short of a FactSet estimate of $0.72. This may contribute to near-term volatility as investors assess the company’s underlying growth against varying expectations. VICI Q3 FFO Earnings Flash
• Negative Sentiment: GAAP earnings per share were $0.31, well below the $0.72 consensus estimate, while the company’s bottom line declined year over year. Rising expenses limited the benefit of the revenue gain and likely drove the negative market reaction. VICI Properties Q3 Revenue Beats but Earnings Are in Line as Expenses Rise

VICI Properties Profile

VICI Properties Inc NYSE: VICI is a real estate investment trust that owns and manages experiential properties, with a primary focus on gaming, hospitality and entertainment destinations. The company's portfolio includes the real estate associated with well-known casinos, resorts, racetracks and golf facilities.

VICI generally leases its properties to gaming and entertainment operators through long-term, triple-net lease agreements. Its tenants operate the properties and are typically responsible for property-level expenses such as maintenance, insurance and taxes, while VICI focuses on owning, maintaining and expanding its real estate portfolio.

The company was established in 2017 as part of the restructuring of Caesars Entertainment Operating Company.

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