Assetmark Inc. Buys 21,975 Shares of VICI Properties Inc. $VICI

Assetmark Inc. boosted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,265,618 shares of the company’s stock after purchasing an additional 21,975 shares during the quarter. Assetmark Inc.’s holdings in VICI Properties were worth $61,897,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its position in VICI Properties by 204.4% in the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock worth $1,226,000 after purchasing an additional 25,234 shares during the period. Woodline Partners LP raised its holdings in shares of VICI Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after buying an additional 26,017 shares in the last quarter. Jump Financial LLC lifted its holdings in shares of VICI Properties by 45.0% during the second quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after acquiring an additional 8,259 shares during the period. Treasurer of the State of North Carolina grew its holdings in shares of VICI Properties by 96.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of VICI Properties by 1.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after purchasing an additional 2,775 shares during the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Price Performance

Shares of VICI stock opened at $26.88 on Friday. The firm’s 50 day moving average price is $27.44 and its two-hundred day moving average price is $28.15. 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 Inc. has a 52-week low of $25.82 and a 52-week high of $34.01. The stock has a market cap of $28.74 billion, a PE ratio of 9.21 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced 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. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts forecast 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. Investors 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 annualized dividend and a yield of 6.7%. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on VICI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Royal Bank Of Canada started coverage on VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Morgan Stanley reduced their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Finally, Barclays upped 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. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, VICI Properties currently has an average rating of “Moderate Buy” and a consensus price target of $32.21.

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.