VICI Properties Inc. $VICI Holdings Decreased by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. reduced its stake in shares of VICI Properties Inc. (NYSE:VICI) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 645,540 shares of the company’s stock after selling 30,090 shares during the quarter. Resona Asset Management Co. Ltd. owned about 0.06% of VICI Properties worth $18,237,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VICI. State of Wyoming bought a new stake in shares of VICI Properties during the second quarter valued at about $26,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties during the second quarter valued at about $28,000. BOKF NA bought a new stake in shares of VICI Properties during the third quarter valued at about $30,000. Avalon Trust Co bought a new stake in shares of VICI Properties during the third quarter valued at about $35,000. Finally, Key Capital Management INC bought a new stake in shares of VICI Properties during the fourth quarter valued at about $37,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Trading Down 0.5%

Shares of VICI opened at $28.36 on Wednesday. The business’s 50-day moving average price is $28.17 and its 200 day moving average price is $28.64. The stock has a market capitalization of $30.31 billion, a P/E ratio of 9.71 and a beta of 0.67. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the business posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s payout ratio is 61.64%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on VICI. Scotiabank lifted their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Robert W. Baird cut their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Barclays boosted their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research report on Monday, May 4th. Finally, Mizuho reiterated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

About VICI Properties

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.