Nations Financial Group Inc. IA ADV purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 40,212 shares of the company’s stock, valued at approximately $1,099,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Aptus Capital Advisors LLC grew its stake in shares of VICI Properties by 5.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after acquiring an additional 329 shares during the period. Arete Wealth Advisors LLC increased its holdings in VICI Properties by 3.8% in the 3rd quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock worth $296,000 after acquiring an additional 334 shares in the last quarter. Choreo LLC raised its stake in VICI Properties by 1.8% during the 3rd quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after acquiring an additional 355 shares during the period. Provident Investment Management Inc. raised its stake in VICI Properties by 1.5% during the 3rd quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after acquiring an additional 375 shares during the period. Finally, Hurley Capital LLC lifted its holdings in VICI Properties by 5.9% during 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
A number of research firms have weighed in on VICI. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Mizuho reiterated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Barclays raised their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Scotiabank lowered their price objective on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.15.
VICI Properties Price Performance
VICI stock opened at $26.64 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The company’s fifty day moving average price is $28.14 and its 200-day moving average price is $28.33. VICI Properties Inc. has a one year low of $26.08 and a one year high of $34.01. The company has a market capitalization of $28.48 billion, a PE ratio of 9.12 and a beta of 0.65.
VICI Properties (NYSE:VICI – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during 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 quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the company posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.
VICI Properties Dividend Announcement
The company 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 dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.
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.
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