Fiduciary Family Office LLC Takes Position in VICI Properties Inc. $VICI

Fiduciary Family Office LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICIFree Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,577 shares of the company’s stock, valued at approximately $280,000.

A number of other hedge funds have also bought and sold shares of the business. Chesley Taft & Associates LLC lifted its holdings in VICI Properties by 3.6% during the second quarter. Chesley Taft & Associates LLC now owns 9,321 shares of the company’s stock worth $304,000 after acquiring an additional 324 shares during the period. Wright Investors Service Inc. lifted its holdings in VICI Properties by 0.4% during the second quarter. Wright Investors Service Inc. now owns 74,517 shares of the company’s stock worth $2,429,000 after acquiring an additional 330 shares during the period. Provident Investment Management Inc. lifted its holdings in VICI Properties by 1.5% during the first quarter. Provident Investment Management Inc. now owns 23,785 shares of the company’s stock worth $776,000 after acquiring an additional 350 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in VICI Properties by 8.5% during the first quarter. Cullen Frost Bankers Inc. now owns 4,593 shares of the company’s stock worth $150,000 after acquiring an additional 359 shares during the period. Finally, Moran Wealth Management LLC lifted its holdings in VICI Properties by 0.9% during the first quarter. Moran Wealth Management LLC now owns 40,578 shares of the company’s stock worth $1,324,000 after acquiring an additional 360 shares during the period. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Price Performance

Shares of NYSE VICI opened at $31.20 on Wednesday. The stock has a market cap of $33.27 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 3.11 and a beta of 0.72. VICI Properties Inc. has a fifty-two week low of $27.98 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74. The stock has a fifty day moving average of $32.48 and a 200-day moving average of $32.32.

VICI Properties (NYSE:VICIGet Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share for the quarter, meeting the consensus estimate of $0.60. The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $991.59 million. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. Equities research analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 5.8%. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. The ex-dividend date was Thursday, September 18th. VICI Properties’s dividend payout ratio (DPR) is presently 68.97%.

Analyst Ratings Changes

VICI has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of VICI Properties in a report on Wednesday, October 8th. Morgan Stanley lifted their price target on VICI Properties from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 8th. Wells Fargo & Company raised their target price on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. JMP Securities set a $35.00 target price on VICI Properties in a research report on Tuesday, July 22nd. Finally, Mizuho raised their target price on VICI Properties from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.08.

Check Out Our Latest Stock Analysis on VICI

VICI Properties Company Profile

(Free Report)

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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