Fideuram Intesa Sanpaolo Private Banking S.P.A. Invests $869,000 in VICI Properties Inc. $VICI

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 30,919 shares of the company’s stock, valued at approximately $869,000.

Other large investors have also modified their holdings of the company. State of Wyoming purchased a new position in shares of VICI Properties during the 2nd quarter worth about $26,000. Headlands Technologies LLC purchased a new position in shares of VICI Properties during the 2nd quarter worth about $28,000. BOKF NA purchased a new position in shares of VICI Properties during the 3rd quarter worth about $30,000. Avalon Trust Co purchased a new position in shares of VICI Properties during the 3rd quarter worth about $35,000. Finally, Key Capital Management INC purchased a new position in shares of VICI Properties during the 4th quarter worth about $37,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Stock Up 0.0%

VICI opened at $28.53 on Friday. The firm has a 50 day moving average price of $28.14 and a 200 day moving average price of $28.62. The company has a market cap of $30.50 billion, a PE ratio of 9.77 and a beta of 0.67. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $0.58 earnings per share. VICI Properties’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is 61.64%.

Wall Street Analysts Forecast Growth

VICI has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Mizuho reissued a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Robert W. Baird dropped their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Finally, Scotiabank increased their target price 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’s stock. According to data from MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and a consensus price target of $33.38.

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.