Dimensional Fund Advisors LP raised its position in VICI Properties Inc. (NYSE:VICI – Free Report) by 2.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 15,457,602 shares of the company’s stock after acquiring an additional 344,355 shares during the period. Dimensional Fund Advisors LP’s holdings in VICI Properties were worth $422,294,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in VICI Properties by 24.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after purchasing an additional 173,013 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its stake in shares of VICI Properties by 24.9% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after buying an additional 1,406,897 shares during the period. Wilsey Asset Management Inc. lifted its position in shares of VICI Properties by 6.4% during the 1st quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock valued at $30,092,000 after buying an additional 65,853 shares during the last quarter. Border to Coast Pensions Partnership Ltd lifted its position in shares of VICI Properties by 26.1% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 725,000 shares of the company’s stock valued at $20,424,000 after buying an additional 150,000 shares during the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of VICI Properties by 11.1% during the 4th quarter. Sound Income Strategies LLC now owns 655,247 shares of the company’s stock worth $18,989,000 after acquiring an additional 65,573 shares during the period. Institutional investors own 97.71% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on VICI shares. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Scotiabank dropped their price objective on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Wells Fargo & Company cut their target price on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Royal Bank Of Canada started coverage on shares of VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research report on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $32.21.
VICI Properties Stock Performance
NYSE:VICI opened at $26.80 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01. The firm has a market cap of $28.64 billion, a price-to-earnings ratio of 9.18 and a beta of 0.65. The business’s fifty day moving average is $27.40 and its 200 day moving average is $28.13.
VICI Properties (NYSE:VICI – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $0.58 EPS. The firm’s revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio is presently 61.64%.
VICI Properties 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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