Easterly Investment Partners LLC Purchases 88,516 Shares of VICI Properties Inc. $VICI

Easterly Investment Partners LLC lifted its position in VICI Properties Inc. (NYSE:VICI) by 22.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 478,516 shares of the company’s stock after acquiring an additional 88,516 shares during the quarter. Easterly Investment Partners LLC’s holdings in VICI Properties were worth $13,456,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. State of Wyoming bought a new stake in shares of VICI Properties in the 2nd quarter worth about $26,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties in the 2nd quarter worth about $28,000. BOKF NA bought a new stake in shares of VICI Properties in the 3rd quarter worth about $30,000. Avalon Trust Co bought a new stake in shares of VICI Properties in the 3rd quarter worth about $35,000. Finally, Key Capital Management INC bought a new stake in shares of VICI Properties in the 4th quarter worth about $37,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

VICI has been the subject of several analyst reports. Robert W. Baird lowered their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a report on Monday, May 4th. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Scotiabank raised their target price on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Finally, Mizuho reiterated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Trading Up 0.0%

Shares of VICI opened at $28.23 on Monday. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The company has a 50-day moving average of $28.13 and a 200 day moving average of $28.54. The firm has a market capitalization of $30.17 billion, a price-to-earnings ratio of 9.67 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 announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the business posted $0.58 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.4%. 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.