MQS Management LLC cut its stake in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 67.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,607 shares of the company’s stock after selling 20,263 shares during the period. MQS Management LLC’s holdings in VICI Properties were worth $262,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. State of Wyoming acquired a new stake in shares of VICI Properties during the 2nd quarter valued at $26,000. Headlands Technologies LLC acquired a new position in VICI Properties in the 2nd quarter worth about $28,000. Bayban acquired a new position in VICI Properties in the 4th quarter worth about $25,000. BOKF NA bought a new position in VICI Properties in the third quarter valued at about $30,000. Finally, Evolution Wealth Management Inc. bought a new position in VICI Properties in the fourth quarter valued at about $28,000. 97.71% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on VICI. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Scotiabank dropped their price objective on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research report on Monday, May 4th. Finally, Mizuho restated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.86.
VICI Properties Trading Up 3.5%
NYSE VICI opened at $27.19 on Friday. The firm has a market capitalization of $29.07 billion, a PE ratio of 9.31 and a beta of 0.65. The business’s 50-day moving average price is $27.90 and its two-hundred day moving average price is $28.27. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 12 month low of $26.08 and a 12 month high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the firm earned $0.58 earnings per share. The firm’s quarterly revenue 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, analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 61.64%.
VICI Properties Company 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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