VICI Properties Inc. $VICI Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its position in VICI Properties Inc. (NYSE:VICI) by 30.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 63,758 shares of the company’s stock after selling 28,216 shares during the period. SG Americas Securities LLC’s holdings in VICI Properties were worth $2,079,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VICI. Kestra Private Wealth Services LLC grew its stake in VICI Properties by 34.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 45,066 shares of the company’s stock worth $1,470,000 after buying an additional 11,671 shares during the last quarter. IFP Advisors Inc boosted its holdings in VICI Properties by 84.8% in the first quarter. IFP Advisors Inc now owns 3,264 shares of the company’s stock worth $106,000 after acquiring an additional 1,498 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in shares of VICI Properties by 6.2% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 81,307 shares of the company’s stock worth $2,652,000 after acquiring an additional 4,720 shares during the last quarter. HighPoint Advisor Group LLC increased its holdings in shares of VICI Properties by 6.1% during the first quarter. HighPoint Advisor Group LLC now owns 12,961 shares of the company’s stock valued at $418,000 after acquiring an additional 744 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of VICI Properties in the 1st quarter valued at approximately $1,477,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Trading Down 1.5%

Shares of VICI Properties stock opened at $29.14 on Thursday. The stock has a market cap of $31.14 billion, a PE ratio of 11.12, a price-to-earnings-growth ratio of 2.94 and a beta of 0.72. The firm has a fifty day moving average price of $31.26 and a 200 day moving average price of $32.14. VICI Properties Inc. has a 1 year low of $27.98 and a 1 year high of $34.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the firm earned $0.57 EPS. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. Equities research analysts predict 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. Investors of record on Thursday, September 18th were given a dividend of $0.45 per share. This is an increase from VICI Properties’s previous quarterly dividend of $0.43. This represents a $1.80 annualized dividend and a yield of 6.2%. The ex-dividend date was Thursday, September 18th. VICI Properties’s dividend payout ratio (DPR) is 68.70%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on VICI shares. Cantor Fitzgerald dropped their target price on shares of VICI Properties from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Evercore ISI lowered their price objective on shares of VICI Properties from $38.00 to $36.00 and set an “outperform” rating for the company in a research note on Friday, October 31st. Scotiabank upped their target price on VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Barclays lifted their price target on VICI Properties from $36.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Stifel Nicolaus cut their price objective on VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $35.38.

VICI Properties Profile

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.