Simon Quick Advisors LLC Has $2.24 Million Holdings in VICI Properties Inc. $VICI

Simon Quick Advisors LLC boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 67.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 81,874 shares of the company’s stock after acquiring an additional 32,899 shares during the quarter. Simon Quick Advisors LLC’s holdings in VICI Properties were worth $2,237,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Kera Capital Partners Inc. increased its holdings in VICI Properties by 72.7% during the 1st quarter. Kera Capital Partners Inc. now owns 16,279 shares of the company’s stock worth $445,000 after purchasing an additional 6,855 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of VICI Properties by 1.0% in the first quarter. Assetmark Inc. now owns 2,265,618 shares of the company’s stock valued at $61,897,000 after purchasing an additional 21,975 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of VICI Properties during the first quarter valued at approximately $2,827,000. SteelPeak Wealth LLC grew its holdings in VICI Properties by 66.0% during the first quarter. SteelPeak Wealth LLC now owns 100,701 shares of the company’s stock worth $2,751,000 after buying an additional 40,040 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in VICI Properties by 28.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 976,977 shares of the company’s stock worth $26,828,000 after buying an additional 219,202 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on VICI shares. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Royal Bank Of Canada began coverage on shares of VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Barclays increased their target price on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Morgan Stanley dropped their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Finally, Scotiabank cut their price target 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. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $32.21.

VICI Properties Stock Performance

Shares of VICI opened at $26.88 on Friday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 9.21 and a beta of 0.65. The stock has a 50 day moving average of $27.44 and a 200 day moving average of $28.15. VICI Properties Inc. has a 12 month low of $25.82 and a 12 month high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. The business had revenue of $1.02 billion for 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 business’s revenue was up 3.5% on a year-over-year basis. During the same quarter 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, sell-side analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced 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. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is presently 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.