Nations Financial Group Inc. IA ADV Invests $1.10 Million in VICI Properties Inc. $VICI

Nations Financial Group Inc. IA ADV bought a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the first quarter, Holdings Channel reports. The institutional investor bought 40,212 shares of the company’s stock, valued at approximately $1,099,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VICI. Norges Bank bought a new stake in VICI Properties in the fourth quarter worth $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of VICI Properties by 31,134.9% in the 4th 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 buying an additional 10,185,477 shares in the last quarter. Man Group plc grew its stake in shares of VICI Properties by 100.6% in the 4th quarter. Man Group plc now owns 11,406,537 shares of the company’s stock worth $320,752,000 after buying an additional 5,720,867 shares in the last quarter. Voloridge Investment Management LLC increased its holdings in shares of VICI Properties by 247.8% in the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock worth $219,112,000 after buying an additional 5,551,620 shares during the last quarter. Finally, UBS Group AG increased its holdings in shares of VICI Properties by 99.5% in the 3rd quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock worth $314,886,000 after buying an additional 4,815,053 shares during the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Stock Up 2.1%

NYSE:VICI opened at $26.64 on Wednesday. The company has a market cap of $28.48 billion, a price-to-earnings ratio of 9.12 and a beta of 0.65. VICI Properties Inc. has a twelve month low of $26.08 and a twelve month 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. The stock has a fifty day simple moving average of $28.14 and a 200-day simple moving average of $28.33.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS 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 net margin of 76.83% and a return on equity of 11.05%. The business’s revenue for the quarter 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. Analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 61.64%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on VICI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research note on Monday, May 4th. 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 report on Monday, March 2nd. Scotiabank lowered their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Finally, Mizuho reiterated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Seven equities 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.15.

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.