Prevail Innovative Wealth Advisors LLC Has $1.56 Million Position in VICI Properties Inc. $VICI

Prevail Innovative Wealth Advisors LLC grew its stake in VICI Properties Inc. (NYSE:VICI) by 64.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,747 shares of the company’s stock after acquiring an additional 18,642 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in VICI Properties were worth $1,557,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. State of Wyoming acquired a new position in VICI Properties during the second quarter valued at approximately $26,000. Parvin Asset Management LLC acquired a new stake in VICI Properties in the second quarter worth $27,000. Headlands Technologies LLC bought a new position in shares of VICI Properties during the second quarter worth $28,000. Godsey & Gibb Inc. bought a new position in shares of VICI Properties during the third quarter worth $29,000. Finally, City Holding Co. acquired a new position in shares of VICI Properties in the 3rd quarter valued at $33,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Trading Down 0.2%

Shares of NYSE:VICI opened at $29.63 on Monday. The firm has a market cap of $31.67 billion, a price-to-earnings ratio of 11.35, a PEG ratio of 3.40 and a beta of 0.67. VICI Properties Inc. has a 12 month low of $27.48 and a 12 month high of $34.03. The company’s fifty day simple moving average is $28.86 and its 200 day simple moving average is $30.08. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.VICI Properties’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, research analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on VICI. The Goldman Sachs Group lowered their price objective on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Scotiabank lowered VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their target price for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Barclays decreased their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research note on Wednesday, December 3rd. Wells Fargo & Company restated an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $33.69.

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.