OP Asset Management Ltd Purchases New Stake in VICI Properties Inc. $VICI

OP Asset Management Ltd acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 109,249 shares of the company’s stock, valued at approximately $2,985,000.

A number of other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of VICI Properties by 204.4% during the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock worth $1,226,000 after acquiring an additional 25,234 shares in the last quarter. Woodline Partners LP raised its position in VICI Properties by 41.3% during the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock valued at $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Jump Financial LLC raised its position in VICI Properties by 45.0% during the second quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after purchasing an additional 8,259 shares in the last quarter. Treasurer of the State of North Carolina lifted its stake in VICI Properties by 96.0% during the second quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in VICI Properties by 1.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after purchasing an additional 2,775 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

VICI stock opened at $27.16 on Friday. The company has a fifty day moving average price of $28.05 and a 200-day moving average price of $28.30. The company has a market capitalization of $29.04 billion, a P/E ratio of 9.30 and a beta of 0.65. VICI Properties Inc. has a 52-week low of $26.08 and a 52-week 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 for the quarter, topping the consensus estimate of $0.71 by $0.11. The company 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%. VICI Properties’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, equities analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Thursday, June 18th. VICI Properties’s payout ratio is 61.64%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VICI. Royal Bank Of Canada initiated coverage on VICI Properties in a research note on Thursday. They issued a “sector perform” rating and a $29.00 price target on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday. Mizuho reiterated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research report on Wednesday, March 11th. Robert W. Baird lowered 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. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $32.86.

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.