World Investment Advisors Buys 18,210 Shares of VICI Properties Inc. $VICI

World Investment Advisors raised its stake in shares of VICI Properties Inc. (NYSE:VICI) by 160.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,563 shares of the company’s stock after buying an additional 18,210 shares during the period. World Investment Advisors’ holdings in VICI Properties were worth $831,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS Group AG increased its position in VICI Properties by 99.5% during the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock valued at $314,886,000 after acquiring an additional 4,815,053 shares during the last quarter. Bank of America Corp DE boosted its position in VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after purchasing an additional 3,968,349 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in shares of VICI Properties during the 4th quarter valued at about $88,673,000. Allianz Asset Management GmbH grew its stake in shares of VICI Properties by 11.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock valued at $912,644,000 after purchasing an additional 2,937,039 shares during the period. Finally, State Street Corp increased its position in shares of VICI Properties by 4.8% during the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company’s stock valued at $2,065,862,000 after purchasing an additional 2,844,265 shares during the last quarter. 97.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VICI has been the topic of several recent research reports. Scotiabank increased their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Barclays increased 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. Mizuho reiterated a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.38.

VICI Properties Trading Up 2.1%

VICI Properties stock opened at $28.49 on Tuesday. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01. The firm has a market capitalization of $30.46 billion, a price-to-earnings ratio of 9.76 and a beta of 0.67. The firm has a 50 day moving average of $28.20 and a 200 day moving average of $28.65. 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 posted 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 business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, research analysts predict that VICI Properties Inc. will post 2.46 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 paid a $0.45 dividend. 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 dividend payout ratio is presently 61.64%.

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.