VICI Properties Inc. $VICI Shares Sold by LDR Capital Management LLC

LDR Capital Management LLC cut its stake in VICI Properties Inc. (NYSE:VICI) by 17.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 157,704 shares of the company’s stock after selling 32,234 shares during the period. VICI Properties comprises approximately 7.6% of LDR Capital Management LLC’s portfolio, making the stock its 4th largest position. LDR Capital Management LLC’s holdings in VICI Properties were worth $5,143,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC grew its stake in VICI Properties by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after buying an additional 337 shares during the last quarter. Heritage Wealth Advisors lifted its stake in VICI Properties by 18.9% in the second quarter. Heritage Wealth Advisors now owns 2,200 shares of the company’s stock valued at $72,000 after buying an additional 350 shares during the last quarter. Bell Investment Advisors Inc grew its position in shares of VICI Properties by 32.7% during the second quarter. Bell Investment Advisors Inc now owns 1,424 shares of the company’s stock worth $46,000 after acquiring an additional 351 shares during the last quarter. Armstrong Advisory Group Inc. grew its position in shares of VICI Properties by 4.6% during the third quarter. Armstrong Advisory Group Inc. now owns 8,462 shares of the company’s stock worth $276,000 after acquiring an additional 370 shares during the last quarter. Finally, Leo Wealth LLC raised its position in VICI Properties by 5.7% in the 2nd quarter. Leo Wealth LLC now owns 7,271 shares of the company’s stock valued at $237,000 after purchasing an additional 391 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Up 1.9%

VICI Properties stock opened at $28.96 on Tuesday. VICI Properties Inc. has a 1-year low of $27.48 and a 1-year high of $34.03. The company has a market cap of $30.95 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 2.88 and a beta of 0.70. The stock’s 50 day moving average price is $28.49 and its 200 day moving average price is $31.00. 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 released its quarterly earnings data on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the firm earned $0.57 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. On average, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Wednesday, December 17th. VICI Properties’s dividend payout ratio (DPR) is 68.70%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a research report on Monday, January 5th. Wells Fargo & Company reissued an “equal weight” rating and set a $32.00 price target (down previously from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Barclays dropped their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. Stifel Nicolaus decreased their price objective on VICI Properties from $35.00 to $34.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.31.

VICI Properties 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.