Entropy Technologies LP lifted its holdings in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 582.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 315,279 shares of the company’s stock after buying an additional 269,098 shares during the period. Entropy Technologies LP’s holdings in VICI Properties were worth $8,866,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. State of Wyoming acquired a new position in shares of VICI Properties during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties during the 2nd quarter worth approximately $28,000. BOKF NA acquired a new position in shares of VICI Properties during the 3rd quarter worth approximately $30,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties in the 4th quarter worth about $28,000. Finally, Avalon Trust Co acquired a new stake in VICI Properties in the 3rd quarter worth about $35,000. 97.71% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research note on Monday, May 4th. Barclays boosted their price target on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Robert W. Baird dropped their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Finally, Mizuho reiterated a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.38.
VICI Properties Stock Up 1.4%
Shares of VICI opened at $28.50 on Friday. 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 one year low of $26.55 and a one year high of $34.01. The stock has a market capitalization of $30.46 billion, a price-to-earnings ratio of 9.76 and a beta of 0.65. The stock has a 50 day moving average price of $28.26 and a 200 day moving average price of $28.41.
VICI Properties (NYSE:VICI – Get Free Report) last issued its quarterly 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. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the business earned $0.58 earnings per share. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.
VICI Properties Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. VICI Properties’s payout ratio is 61.64%.
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.
Further Reading
- Five stocks we like better than VICI Properties
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICI – Free Report).
Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.
