U.S. Capital Wealth Advisors LLC Purchases 1,226 Shares of VICI Properties Inc. $VICI

U.S. Capital Wealth Advisors LLC grew its position in VICI Properties Inc. (NYSE:VICI) by 6.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,227 shares of the company’s stock after acquiring an additional 1,226 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in VICI Properties were worth $659,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Price T Rowe Associates Inc. MD raised its position in VICI Properties by 205.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company’s stock valued at $556,077,000 after purchasing an additional 11,458,239 shares during the last quarter. Northern Trust Corp increased its stake in shares of VICI Properties by 13.2% in the first quarter. Northern Trust Corp now owns 13,743,229 shares of the company’s stock valued at $448,304,000 after buying an additional 1,606,559 shares in the last quarter. Invesco Ltd. raised its holdings in shares of VICI Properties by 0.6% in the first quarter. Invesco Ltd. now owns 13,491,589 shares of the company’s stock valued at $440,096,000 after buying an additional 77,544 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in VICI Properties by 1.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 12,345,173 shares of the company’s stock worth $402,700,000 after buying an additional 135,836 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in VICI Properties by 12.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,875,084 shares of the company’s stock worth $322,125,000 after buying an additional 1,122,161 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VICI. Citigroup restated a “market outperform” rating on shares of VICI Properties in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. raised their price target on shares of VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Wells Fargo & Company boosted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Stifel Nicolaus increased their price objective on VICI Properties from $34.75 to $35.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Scotiabank lifted their target price on VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $35.92.

VICI Properties Price Performance

VICI opened at $32.03 on Friday. The company has a fifty day moving average price of $32.97 and a two-hundred day moving average price of $32.35. The firm has a market capitalization of $34.15 billion, a PE ratio of 12.27, a P/E/G ratio of 3.18 and a beta of 0.70. VICI Properties Inc. has a 52 week low of $27.98 and a 52 week high of $34.03. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.60. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $991.59 million. During the same quarter in the prior year, the business posted $0.57 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. As a group, analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Thursday, September 18th. This is an increase from VICI Properties’s previous quarterly dividend of $0.43. VICI Properties’s dividend payout ratio is presently 68.97%.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.