Ibex Wealth Advisors Grows Holdings in VICI Properties Inc. $VICI

Ibex Wealth Advisors increased its position in VICI Properties Inc. (NYSE:VICIFree Report) by 46.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 265,865 shares of the company’s stock after acquiring an additional 83,855 shares during the quarter. Ibex Wealth Advisors’ holdings in VICI Properties were worth $7,476,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in VICI Properties by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after acquiring an additional 1,705,855 shares in the last quarter. State Street Corp increased its holdings in VICI Properties by 1.7% in the 4th quarter. State Street Corp now owns 63,619,919 shares of the company’s stock worth $1,817,165,000 after acquiring an additional 1,080,992 shares in the last quarter. Geode Capital Management LLC increased its holdings in VICI Properties by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock worth $1,030,716,000 after acquiring an additional 1,037,345 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in VICI Properties by 8.2% in the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock worth $851,821,000 after acquiring an additional 2,305,719 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after acquiring an additional 3,968,349 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Stock Performance

NYSE:VICI opened at $28.00 on Wednesday. The firm has a market capitalization of $29.93 billion, a PE ratio of 9.59 and a beta of 0.65. The stock’s fifty day moving average is $28.27 and its 200 day moving average is $28.40. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

VICI Properties (NYSE:VICIGet Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The business’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, sell-side analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. VICI Properties’s dividend payout ratio is currently 61.64%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on VICI shares. Barclays boosted their price target on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Robert W. Baird lowered their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Scotiabank boosted their price target on 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 reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.38.

Read Our Latest Research Report on VICI Properties

VICI Properties Profile

(Free Report)

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.

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

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