VICI Properties Inc. $VICI Holdings Raised by Assetmark Inc.

Assetmark Inc. raised its stake in VICI Properties Inc. (NYSE:VICI) by 1.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,265,618 shares of the company’s stock after acquiring an additional 21,975 shares during the period. Assetmark Inc. owned 0.21% of VICI Properties worth $61,897,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Corrado Advisors LLC boosted its position in shares of VICI Properties by 0.8% during the first quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock worth $1,374,000 after buying an additional 393 shares during the period. Farther Finance Advisors LLC grew its position in VICI Properties by 2.9% in the 4th quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock valued at $431,000 after buying an additional 434 shares in the last quarter. West Paces Advisors Inc. grew its position in VICI Properties by 2.4% in the 4th quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock valued at $513,000 after buying an additional 435 shares in the last quarter. Brookstone Capital Management increased its stake in VICI Properties by 6.6% during the 4th quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock valued at $202,000 after buying an additional 444 shares during the period. Finally, Beacon Investment Advisors LLC raised its position in shares of VICI Properties by 3.4% during the 4th quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock worth $393,000 after buying an additional 455 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VICI has been the subject of a number of research analyst reports. Scotiabank reduced their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research note on Monday, May 4th. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. 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. Finally, Royal Bank Of Canada initiated coverage on shares of VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $32.21.

VICI Properties Price Performance

NYSE VICI opened at $26.88 on Friday. VICI Properties Inc. has a fifty-two week low of $25.82 and a fifty-two week high of $34.01. The stock’s 50-day moving average is $27.44 and its two-hundred day moving average is $28.15. The firm has a market cap of $28.74 billion, a P/E ratio of 9.21 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62.

VICI Properties (NYSE:VICI) last released its quarterly earnings results 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. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 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.