West Family Investments Inc. Takes Position in VICI Properties Inc. $VICI

West Family Investments Inc. bought a new position in shares of VICI Properties Inc. (NYSE:VICI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 21,531 shares of the company’s stock, valued at approximately $572,000.

Several other institutional investors have also recently added to or reduced their stakes in VICI. Bayban acquired a new position in VICI Properties in the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC acquired a new stake in VICI Properties during the first quarter worth approximately $25,000. State of Wyoming acquired a new stake in VICI Properties during the second quarter worth approximately $26,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties during the fourth quarter worth approximately $28,000. Finally, Headlands Technologies LLC purchased a new stake in shares of VICI Properties during the 2nd quarter worth approximately $28,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Down 0.6%

NYSE:VICI opened at $25.27 on Wednesday. The firm has a market cap of $27.82 billion, a P/E ratio of 9.79 and a beta of 0.65. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. The stock’s 50 day simple moving average is $26.33 and its 200-day simple moving average is $27.56. VICI Properties Inc. has a 12-month low of $25.23 and a 12-month high of $33.38.

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

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be paid a $0.46 dividend. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, September 17th. This represents a $1.84 annualized dividend and a dividend yield of 7.3%. VICI Properties’s dividend payout ratio (DPR) is 69.77%.

Analysts Set New Price Targets

VICI has been the topic of a number of recent analyst reports. Barclays dropped their target price on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Scotiabank reduced their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Cantor Fitzgerald decreased their price objective on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Raymond James Financial set a $29.00 price objective on VICI Properties in a report on Thursday, August 13th. Finally, Morgan Stanley cut 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, July 8th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average 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.