Markowski Investments bought a new position in shares of VICI Properties Inc. (NYSE:VICI – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 23,873 shares of the company’s stock, valued at approximately $634,000.
Other hedge funds also recently added to or reduced their stakes in the company. State of Wyoming purchased a new stake in shares of VICI Properties during the second quarter worth $26,000. Headlands Technologies LLC acquired a new position in VICI Properties during the 2nd quarter worth $28,000. Bayban acquired a new position in VICI Properties during the 4th quarter worth $25,000. Dynamic Wealth Strategies LLC purchased a new stake in VICI Properties during the 1st quarter worth about $25,000. Finally, BOKF NA purchased a new stake in VICI Properties during the 3rd quarter worth about $30,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on VICI. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of VICI Properties in a research note on Friday, July 31st. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a report on Thursday, July 30th. Raymond James Financial set a $29.00 price objective on shares of VICI Properties in a research report on Thursday, August 13th. Finally, Scotiabank reduced their price objective on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, VICI Properties currently has a consensus rating of “Hold” and an average price target of $31.00.
VICI Properties Stock Performance
NYSE VICI opened at $25.39 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. VICI Properties Inc. has a 1 year low of $25.34 and a 1 year high of $33.82. The company has a market capitalization of $27.96 billion, a PE ratio of 9.84 and a beta of 0.65. The company has a fifty day moving average of $26.39 and a two-hundred day moving average of $27.64.
VICI Properties (NYSE:VICI – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 7.2%. This is a positive change from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, September 17th. VICI Properties’s dividend payout ratio is presently 69.77%.
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.
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