VICI Properties Inc. $VICI Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lowered its stake in shares of VICI Properties Inc. (NYSE:VICI) by 43.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,063 shares of the company’s stock after selling 22,387 shares during the quarter. Securian Asset Management Inc.’s holdings in VICI Properties were worth $817,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Aptus Capital Advisors LLC raised its position in VICI Properties by 5.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after purchasing an additional 329 shares during the last quarter. Arete Wealth Advisors LLC lifted its holdings in shares of VICI Properties by 3.8% in the 3rd quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after buying an additional 334 shares during the period. Choreo LLC boosted its position in shares of VICI Properties by 1.8% during the 3rd quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after purchasing an additional 355 shares in the last quarter. Provident Investment Management Inc. boosted its holdings in VICI Properties by 1.5% during the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after buying an additional 375 shares in the last quarter. Finally, Hurley Capital LLC boosted its stake in shares of VICI Properties by 5.9% during the 3rd quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock worth $226,000 after acquiring an additional 388 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VICI has been the topic of a number of research reports. Barclays increased their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Mizuho reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Robert W. Baird decreased their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research report on Monday, May 4th. Finally, Scotiabank boosted their target price 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. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Down 1.2%

VICI stock opened at $28.22 on Thursday. The company has a 50 day moving average price of $28.31 and a two-hundred day moving average price of $28.70. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The stock has a market capitalization of $30.16 billion, a P/E ratio of 9.66 and a beta of 0.67. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01.

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 company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, sell-side analysts expect that VICI Properties Inc. will post 2.46 EPS 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 issued a $0.45 dividend. The ex-dividend date was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.4%. VICI Properties’s payout ratio is 61.64%.

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.