New Age Alpha Advisors LLC Sells 40,979 Shares of VICI Properties Inc. $VICI

New Age Alpha Advisors LLC cut its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 17.4% during the fourth quarter, Holdings Channel reports. The fund owned 194,487 shares of the company’s stock after selling 40,979 shares during the period. New Age Alpha Advisors LLC’s holdings in VICI Properties were worth $5,469,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of VICI. State of Wyoming bought a new stake in VICI Properties during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC bought a new stake in VICI Properties during the 2nd quarter worth approximately $28,000. BOKF NA bought a new stake in VICI Properties during the 3rd quarter worth approximately $30,000. Avalon Trust Co bought a new stake in VICI Properties during the 3rd quarter worth approximately $35,000. Finally, Key Capital Management INC bought a new stake in VICI Properties during the 4th quarter worth approximately $37,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Stock Performance

VICI stock opened at $28.53 on Monday. The business’s fifty day moving average is $28.14 and its 200-day moving average is $28.61. 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 company has a market cap of $30.50 billion, a P/E ratio of 9.77 and a beta of 0.67. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio is 61.64%.

Wall Street Analyst Weigh In

VICI has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research report on Monday, May 4th. Mizuho reiterated a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Robert W. Baird decreased their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Finally, Barclays increased their price objective on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

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.