MUFG Securities EMEA plc Buys 23,355 Shares of VICI Properties Inc. $VICI

MUFG Securities EMEA plc increased its stake in VICI Properties Inc. (NYSE:VICIFree Report) by 114.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,766 shares of the company’s stock after purchasing an additional 23,355 shares during the period. MUFG Securities EMEA plc’s holdings in VICI Properties were worth $1,231,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State of Wyoming bought a new position in shares of VICI Properties in the second quarter worth approximately $26,000. Headlands Technologies LLC bought a new position in shares of VICI Properties in the second quarter worth approximately $28,000. BOKF NA bought a new position in shares of VICI Properties in the third quarter worth approximately $30,000. Avalon Trust Co bought a new position in shares of VICI Properties in the third quarter worth approximately $35,000. Finally, Key Capital Management INC bought a new position in shares of VICI Properties in the fourth quarter worth approximately $37,000. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Scotiabank upped 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. 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. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, VICI Properties has an average rating of “Moderate Buy” and an average price target of $33.38.

Read Our Latest Research Report on VICI Properties

VICI Properties Stock Down 0.9%

Shares of VICI opened at $27.52 on Wednesday. The firm has a market cap of $29.41 billion, a P/E ratio of 9.42 and a beta of 0.65. The stock has a 50 day simple moving average of $28.13 and a two-hundred day simple moving average of $28.52. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01.

VICI Properties (NYSE:VICIGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior 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, analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s dividend payout ratio is 61.64%.

About VICI Properties

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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