VICI Properties Inc. $VICI Shares Acquired by Blue Chip Partners LLC

Blue Chip Partners LLC boosted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 39.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 747,895 shares of the company’s stock after buying an additional 211,011 shares during the quarter. VICI Properties accounts for about 1.5% of Blue Chip Partners LLC’s holdings, making the stock its 28th biggest holding. Blue Chip Partners LLC’s holdings in VICI Properties were worth $20,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of VICI. State of Wyoming acquired a new position in shares of VICI Properties in the second quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new stake in VICI Properties in the second quarter valued at $28,000. Bayban acquired a new stake in shares of VICI Properties during the 4th quarter worth about $25,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of VICI Properties in the 1st quarter valued at about $25,000. Finally, BOKF NA acquired a new stake in shares of VICI Properties in the third quarter valued at approximately $30,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Performance

Shares of VICI stock opened at $26.75 on Monday. The firm has a market capitalization of $28.59 billion, a P/E ratio of 9.16 and a beta of 0.65. VICI Properties Inc. has a 12 month low of $25.82 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The company’s fifty day moving average price is $27.27 and its two-hundred day moving average price is $28.09.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Analysts Set New Price Targets

Several brokerages recently issued reports on VICI. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Wells Fargo & Company reduced their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Royal Bank Of Canada started coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price on the stock. Scotiabank lowered their price target on shares of 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. Finally, Morgan Stanley dropped their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $31.77.

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.