Landscape Capital Management L.L.C. Makes New $3.37 Million Investment in VICI Properties Inc. $VICI

Landscape Capital Management L.L.C. bought a new position in shares of VICI Properties Inc. (NYSE:VICI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 119,888 shares of the company’s stock, valued at approximately $3,371,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Aptus Capital Advisors LLC lifted its holdings in shares of VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after purchasing an additional 329 shares in the last quarter. Arete Wealth Advisors LLC lifted its holdings in shares of VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares in the last quarter. Choreo LLC lifted its holdings in shares of VICI Properties by 1.8% in the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock valued at $664,000 after purchasing an additional 355 shares in the last quarter. Provident Investment Management Inc. lifted its holdings in shares of VICI Properties by 1.5% in the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock valued at $840,000 after purchasing an additional 375 shares in the last quarter. Finally, Hurley Capital LLC lifted its holdings in shares of VICI Properties by 5.9% in the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock valued at $226,000 after purchasing an additional 388 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on VICI shares. Barclays upped their price target on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Scotiabank upped their price target on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Finally, Robert W. Baird reduced their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Stock Performance

NYSE:VICI opened at $28.50 on Monday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market cap of $30.46 billion, a P/E ratio of 9.76 and a beta of 0.65. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The firm’s 50 day moving average is $28.26 and its two-hundred day moving average is $28.41.

VICI Properties (NYSE:VICI) last released its quarterly earnings data 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. 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 analyst estimates of $1.01 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio is presently 61.64%.

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.