VICI Properties Inc. $VICI Shares Bought by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 7.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 406,077 shares of the company’s stock after purchasing an additional 28,575 shares during the period. NEOS Investment Management LLC’s holdings in VICI Properties were worth $10,781,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VICI. Continuum Advisory LLC purchased a new stake in VICI Properties in the second quarter valued at approximately $119,000. Nykredit A S purchased a new position in shares of VICI Properties during the second quarter worth approximately $2,040,000. B. Metzler seel. Sohn & Co. AG increased its holdings in shares of VICI Properties by 179.5% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 63,848 shares of the company’s stock valued at $1,695,000 after acquiring an additional 41,001 shares during the period. Secure Asset Management LLC raised its position in VICI Properties by 9.9% in the 2nd quarter. Secure Asset Management LLC now owns 79,755 shares of the company’s stock valued at $2,118,000 after purchasing an additional 7,178 shares during the last quarter. Finally, Keeler Thomas Management LLC raised its position in VICI Properties by 69.4% in the 2nd quarter. Keeler Thomas Management LLC now owns 55,754 shares of the company’s stock valued at $1,480,000 after purchasing an additional 22,845 shares during the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Trading Down 1.0%

NYSE VICI opened at $25.39 on Friday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $27.96 billion, a P/E ratio of 9.84 and a beta of 0.65. VICI Properties Inc. has a 52-week low of $25.34 and a 52-week high of $33.82. The firm has a 50-day moving average price of $26.39 and a 200 day moving average price of $27.64.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities research analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be issued a dividend of $0.46 per share. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. This represents a $1.84 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Thursday, September 17th. VICI Properties’s dividend payout ratio is currently 69.77%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Robert W. Baird set a $32.00 price objective on shares of VICI Properties in a research report on Thursday, July 30th. Royal Bank Of Canada initiated coverage on shares of VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Wells Fargo & Company reduced their price objective on VICI Properties from $27.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research note on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $31.00.

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.