VICI Properties Inc. $VICI Shares Acquired by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management boosted its position in VICI by 10.3%, holding 495,872 shares worth roughly $13.94 million after adding 46,389 shares in the quarter.
• VICI topped Q1 estimates with $0.82 EPS (vs. $0.71 expected) and $1.02 billion revenue, set FY2026 AFFO guidance of $2.44–$2.47, and pays a quarterly dividend of $0.45 (annualized yield ~6.3%).
• The REIT completed a ~$1.16–$1.2 billion sale‑leaseback of seven casino properties and raised its AFFO outlook, yet the stock reaction was muted amid valuation and interest‑rate concerns.

Pictet Asset Management Holding SA lifted its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 10.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 495,872 shares of the company's stock after acquiring an additional 46,389 shares during the period. Pictet Asset Management Holding SA's holdings in VICI Properties were worth $13,944,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. State of Wyoming acquired a new stake in shares of VICI Properties during the 2nd quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties during the 2nd quarter valued at approximately $28,000. Godsey & Gibb Inc. acquired a new stake in shares of VICI Properties during the 3rd quarter valued at approximately $29,000. BOKF NA acquired a new stake in shares of VICI Properties during the 3rd quarter valued at approximately $30,000. Finally, City Holding Co. acquired a new stake in shares of VICI Properties during the 3rd quarter valued at approximately $33,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of VICI opened at $28.55 on Friday. The company has a market cap of $30.52 billion, a P/E ratio of 9.78, a PEG ratio of 3.34 and a beta of 0.67. The stock has a fifty day moving average price of $28.52 and a 200 day moving average price of $28.86. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.17. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion during 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 firm's revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts forecast that VICI Properties Inc. will post 2.45 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date was Thursday, March 19th. VICI Properties's payout ratio is 68.97%.

Trending Headlines about VICI Properties

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

• Positive Sentiment: Closed a large sale‑leaseback that adds cash‑producing assets — VICI completed the previously announced ~ $1.16–$1.2 billion acquisition of seven casino properties from Golden Entertainment and entered a triple‑net master lease with a new operator entity, securing long‑term rent under a low‑capex structure. Article Title
• Positive Sentiment: Raised full‑year AFFO outlook — Management outlined 2026 AFFO of $2.44–$2.47 per share and raised its full‑year guidance, signaling confidence in core cash flow growth that supports the REIT’s dividend and valuation. Article Title
• Neutral Sentiment: Q1 results were largely in line — VICI reported Q1 revenue and EPS that modestly beat or matched consensus (FFO/ AFFO roughly in line with expectations), with year‑over‑year revenue growth but limited upside vs. forecasts. That suggests steady operations but not a big surprise to drive strong upside. Article Title
• Neutral Sentiment: Investor takeaways from the call — Management reiterated growth-through-acquisition strategy and emphasized predictable triple‑net rent streams; the earnings call and presentation provide additional color on pipeline and capital allocation. Article Title
• Negative Sentiment: Market reaction muted/negative — Despite the acquisition and higher AFFO guidance, the stock is declining today, implying investors may have expected larger accretion or were disappointed that FFO/AFFO only matched estimates. Continued sector/interest‑rate sensitivity and valuation (P/E and dividend yield context) may also be weighing on the share price.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VICI shares. Barclays upped their price target on VICI Properties from $33.00 to $34.00 and gave the company an "overweight" rating in a research report on Tuesday, April 21st. Scotiabank lowered VICI Properties from a "sector outperform" rating to a "sector perform" rating and dropped their price target for the company from $36.00 to $30.00 in a research report on Friday, January 30th. Cantor Fitzgerald set a $33.00 price target on VICI Properties in a research report on Monday, January 5th. Weiss Ratings restated a "hold (c)" rating on shares of VICI Properties in a research note on Friday, March 27th. Finally, Mizuho restated a "neutral" rating and set a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $33.42.

VICI Properties Company 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.

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