Financiere des Professionnels Fonds d investissement inc. Buys Shares of 103,479 VICI Properties Inc. $VICI

Financiere des Professionnels Fonds d investissement inc. purchased a new position in VICI Properties Inc. (NYSE:VICI) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 103,479 shares of the company’s stock, valued at approximately $2,827,000.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of VICI Properties during the 4th quarter valued at $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in VICI Properties by 31,134.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock worth $287,336,000 after acquiring an additional 10,185,477 shares in the last quarter. Man Group plc increased its stake in VICI Properties by 100.6% in the fourth quarter. Man Group plc now owns 11,406,537 shares of the company’s stock valued at $320,752,000 after acquiring an additional 5,720,867 shares during the last quarter. Voloridge Investment Management LLC increased its stake in VICI Properties by 247.8% in the fourth quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock valued at $219,112,000 after acquiring an additional 5,551,620 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in VICI Properties by 1,001.4% during the first quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock valued at $154,609,000 after purchasing an additional 5,145,372 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

NYSE VICI opened at $27.14 on Friday. The company has a 50-day simple moving average of $27.48 and a two-hundred day simple moving average of $28.16. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 12-month low of $25.82 and a 12-month high of $34.01. The firm has a market cap of $29.01 billion, a price-to-earnings ratio of 9.29 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating 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%.The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.6%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VICI. Royal Bank Of Canada started coverage on VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price target for the company. Scotiabank reduced their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Morgan Stanley dropped their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Finally, Barclays upped their target price on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $32.21.

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.