Pacer Advisors Inc. lifted its stake in VICI Properties Inc. (NYSE:VICI – Free Report) by 31.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 143,586 shares of the company’s stock after purchasing an additional 33,984 shares during the quarter. Pacer Advisors Inc.’s holdings in VICI Properties were worth $4,038,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Aptus Capital Advisors LLC increased its holdings in shares of VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after purchasing an additional 329 shares during the last quarter. Arete Wealth Advisors LLC increased its holdings in shares of VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares during the last quarter. Choreo LLC increased its holdings in shares of VICI Properties by 1.8% in the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock valued at $664,000 after purchasing an additional 355 shares during the last quarter. Provident Investment Management Inc. increased its holdings in shares of VICI Properties by 1.5% in the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock valued at $840,000 after purchasing an additional 375 shares during the last quarter. Finally, Hurley Capital LLC increased its holdings in shares of VICI Properties by 5.9% in the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock valued at $226,000 after purchasing an additional 388 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.
Analyst Ratings Changes
VICI has been the subject of several recent research reports. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Barclays increased their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Finally, Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.38.
VICI Properties Price Performance
VICI stock opened at $28.22 on Thursday. The business has a fifty day moving average of $28.31 and a two-hundred day moving average of $28.70. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a market cap of $30.16 billion, a price-to-earnings ratio of 9.66 and a beta of 0.67. VICI Properties Inc. has a 52-week low of $26.55 and a 52-week high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during 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 firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last 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, research analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.
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.
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