Groupama Asset Managment Takes $1.34 Million Position in VICI Properties Inc. $VICI

Groupama Asset Managment acquired a new position in VICI Properties Inc. (NYSE:VICI) during the third quarter, HoldingsChannel.com reports. The fund acquired 41,226 shares of the company’s stock, valued at approximately $1,344,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in VICI Properties by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 156,751,453 shares of the company’s stock valued at $5,111,665,000 after purchasing an additional 736,209 shares during the period. State Street Corp lifted its position in shares of VICI Properties by 4.8% in the 3rd quarter. State Street Corp now owns 62,538,927 shares of the company’s stock worth $2,065,862,000 after purchasing an additional 2,844,265 shares during the period. Allianz Asset Management GmbH lifted its position in shares of VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after purchasing an additional 2,937,039 shares during the period. Bank of America Corp DE boosted its stake in shares of VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after purchasing an additional 3,968,349 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of VICI Properties by 7.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,409,381 shares of the company’s stock valued at $763,380,000 after purchasing an additional 1,598,238 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Stock Down 4.0%

VICI stock opened at $26.86 on Friday. The stock’s 50 day simple moving average is $28.94 and its 200 day simple moving average is $29.77. The company has a market cap of $28.71 billion, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 3.21 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. VICI Properties Inc. has a fifty-two week low of $26.75 and a fifty-two week high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.7%. VICI Properties’s dividend payout ratio (DPR) is presently 68.97%.

Analyst Ratings Changes

A number of brokerages recently weighed in on VICI. Evercore reissued an “in-line” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Scotiabank lowered VICI Properties from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Cantor Fitzgerald set a $33.00 price objective on VICI Properties in a research note on Monday, January 5th. Finally, Mizuho restated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Company 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.