Mitsubishi UFJ Trust & Banking Corp Increases Stock Holdings in VICI Properties Inc. $VICI

Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 22.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 614,164 shares of the company’s stock after buying an additional 113,663 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in VICI Properties were worth $20,028,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its position in VICI Properties by 204.4% during the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock worth $1,226,000 after acquiring an additional 25,234 shares during the last quarter. Woodline Partners LP increased its stake in shares of VICI Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Ballentine Partners LLC raised its position in shares of VICI Properties by 26.5% during the 2nd quarter. Ballentine Partners LLC now owns 8,279 shares of the company’s stock worth $270,000 after purchasing an additional 1,734 shares during the last quarter. Perigon Wealth Management LLC purchased a new stake in VICI Properties in the 2nd quarter valued at approximately $216,000. Finally, Patton Fund Management Inc. acquired a new stake in VICI Properties during the 2nd quarter valued at $223,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VICI has been the subject of a number of analyst reports. Barclays cut their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. The Goldman Sachs Group cut their target price on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Cantor Fitzgerald set a $33.00 price target on shares of VICI Properties in a research note on Monday, January 5th. Stifel Nicolaus lowered their price target on shares of VICI Properties from $35.00 to $34.00 and set a “buy” rating for the company in a report on Friday, October 31st. Finally, Evercore ISI reissued an “in-line” rating and set a $32.00 price objective (down previously from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $34.31.

VICI Properties Trading Down 0.1%

NYSE VICI opened at $28.51 on Tuesday. The company has a market cap of $30.47 billion, a P/E ratio of 10.88, a P/E/G ratio of 2.84 and a beta of 0.70. VICI Properties Inc. has a 12 month low of $27.48 and a 12 month high of $34.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60. The company has a 50-day moving average of $28.30 and a 200-day moving average of $30.83.

VICI Properties (NYSE:VICI) last released its earnings results on Thursday, October 30th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. VICI Properties’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, equities analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Wednesday, December 17th. VICI Properties’s dividend payout ratio is presently 68.70%.

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.