Meiji Yasuda Asset Management Co Ltd. Acquires 77,117 Shares of VICI Properties Inc. $VICI

Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 264.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,253 shares of the company’s stock after acquiring an additional 77,117 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in VICI Properties were worth $2,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Global Retirement Partners LLC grew its holdings in VICI Properties by 81.3% during the 4th quarter. Global Retirement Partners LLC now owns 19,535 shares of the company’s stock worth $549,000 after acquiring an additional 8,761 shares in the last quarter. Prevail Innovative Wealth Advisors LLC grew its holdings in VICI Properties by 11.5% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 53,245 shares of the company’s stock worth $1,497,000 after acquiring an additional 5,498 shares in the last quarter. ABN Amro Investment Solutions bought a new position in VICI Properties during the 4th quarter worth about $1,139,000. IFP Advisors Inc grew its holdings in VICI Properties by 39.0% during the 4th quarter. IFP Advisors Inc now owns 5,416 shares of the company’s stock worth $152,000 after acquiring an additional 1,519 shares in the last quarter. Finally, Banque Cantonale Vaudoise grew its holdings in VICI Properties by 64.5% during the 4th quarter. Banque Cantonale Vaudoise now owns 93,595 shares of the company’s stock worth $2,632,000 after acquiring an additional 36,704 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Stock Up 0.0%

VICI stock opened at $28.53 on Friday. The firm has a 50 day moving average of $28.14 and a 200 day moving average of $28.62. The stock has a market capitalization of $30.50 billion, a PE ratio of 9.77 and a beta of 0.67. 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 52 week low of $26.55 and a 52 week high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the firm posted $0.58 EPS. VICI Properties’s revenue for the quarter was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts forecast 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 given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on VICI shares. Robert W. Baird dropped their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Barclays increased their target price on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a report on Monday, May 4th. Finally, Scotiabank lifted 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 report on Tuesday, May 12th. 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, VICI Properties has an average rating of “Moderate Buy” and an average price target 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.