Danske Bank A S Takes $2.95 Million Position in VICI Properties Inc. $VICI

Danske Bank A S bought a new position in VICI Properties Inc. (NYSE:VICI) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 111,121 shares of the company’s stock, valued at approximately $2,950,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in VICI Properties by 2.7% during the 1st quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock worth $763,553,000 after purchasing an additional 734,068 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC grew its holdings in VICI Properties by 24.9% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock worth $198,619,000 after acquiring an additional 1,406,897 shares during the period. Wilsey Asset Management Inc. raised its position in shares of VICI Properties by 6.4% in the 1st quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock worth $30,092,000 after acquiring an additional 65,853 shares in the last quarter. Gabelli Funds LLC boosted its holdings in shares of VICI Properties by 19.4% during the 1st quarter. Gabelli Funds LLC now owns 262,124 shares of the company’s stock worth $7,161,000 after buying an additional 42,662 shares in the last quarter. Finally, PensionDanmark Pensionsforsikringsaktieselskab grew its position in shares of VICI Properties by 26.2% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 560,609 shares of the company’s stock worth $14,884,000 after buying an additional 116,546 shares during the period. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Stock Performance

NYSE VICI opened at $26.55 on Friday. VICI Properties Inc. has a twelve month low of $25.81 and a twelve month high of $33.92. The stock has a market capitalization of $29.23 billion, a price-to-earnings ratio of 10.29 and a beta of 0.65. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. The stock has a 50-day moving average of $26.59 and a 200 day moving average of $27.84.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.09). The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Sell-side analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is 69.77%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Raymond James Financial set a $29.00 target price on shares of VICI Properties in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research note on Friday, July 31st. Wells Fargo & Company cut their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Morgan Stanley decreased their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Finally, Scotiabank dropped their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $31.29.

VICI Properties 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.