Epoch Investment Partners Inc. increased its stake in VICI Properties Inc. (NYSE:VICI – Free Report) by 8.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,278,287 shares of the company’s stock after purchasing an additional 169,208 shares during the period. Epoch Investment Partners Inc.’s holdings in VICI Properties were worth $62,243,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Bayban acquired a new stake in shares of VICI Properties in the 4th quarter valued at about $25,000. Dynamic Wealth Strategies LLC acquired a new position in shares of VICI Properties during the first quarter worth about $25,000. State of Wyoming bought a new position in shares of VICI Properties during the second quarter worth about $26,000. Evolution Wealth Management Inc. bought a new position in shares of VICI Properties during the fourth quarter worth about $28,000. Finally, Headlands Technologies LLC acquired a new stake in VICI Properties in the 2nd quarter valued at approximately $28,000. Institutional investors own 97.71% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have commented on VICI shares. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Wells Fargo & Company lowered their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Royal Bank Of Canada started coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Finally, Barclays decreased their target price on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $31.77.
VICI Properties Price Performance
Shares of NYSE VICI opened at $26.75 on Friday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The business’s 50 day moving average price is $27.27 and its two-hundred day moving average price is $28.09. The company has a market cap of $28.59 billion, a PE ratio of 9.16 and a beta of 0.65. VICI Properties Inc. has a twelve month low of $25.82 and a twelve month high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.
About VICI Properties
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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