Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Stake in VICI Properties Inc. $VICI

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in VICI Properties Inc. (NYSE:VICI) by 22.9% in the first quarter, Holdings Channel reports. The firm owned 734,691 shares of the company’s stock after purchasing an additional 136,708 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in VICI Properties were worth $20,072,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Bayban acquired a new stake in shares of VICI Properties during the fourth quarter worth $25,000. State of Wyoming acquired a new position in shares of VICI Properties in the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. purchased a new position in VICI Properties in the 4th quarter worth $28,000. Headlands Technologies LLC purchased a new position in VICI Properties in the 2nd quarter worth $28,000. Finally, Reflection Asset Management acquired a new stake in VICI Properties during the 4th quarter worth about $29,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI stock opened at $25.98 on Monday. The stock has a market cap of $27.77 billion, a PE ratio of 8.90 and a beta of 0.65. The business has a 50-day simple moving average of $27.66 and a 200-day simple moving average of $28.20. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01.

VICI Properties (NYSE:VICI) last posted 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 firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the company earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.9%. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VICI. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Royal Bank Of Canada began coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price for the company. Morgan Stanley dropped their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Barclays raised their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research note on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $32.57.

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.