VICI Properties has made significant movements in recent times, with noteworthy
investment activities that include Capital Research Global Investors boosting its stake and Victory Capital Management acquiring shares. Acknowledged as a potential top-tier
hotel stock, VICI is also engaged in negotiations to acquire the renowned Atlantis Paradise Island resort located in the Bahamas. Its Q3 2024 earnings were robust, beating analysts' EPS revenue forecasts. Nonetheless, Mizuho trimmed its price target for VICI from $34 to $33. VICI has been described as a high growth non-tech stock that promises profitability in 2024. Furthermore, Sumitomo Mitsui Trust Group and Concurrent Investments Advisors trimmed their holdings while GSA Capital Partners and AIA Group Ltd increased theirs. Prominent analysts consider the firm a 'moderate buy' and its most recent ESG report shows a positive societal impact. VICI's regular quarterly dividend has been raised, underscoring its financial health, while its
capitalization on casino and hospitality investments reveals it as an experiential REIT worthy of consideration. Despite some reductions in stock holdings, the company continues to receive bullish support from hedge funds.
Vici Properties VICI News Analytics from Mon, 18 Mar 2024 07:00:00 GMT to Sat, 16 Nov 2024 13:54:14 GMT -
Rating 7
- Innovation 6
- Information 6
- Rumor -1
