Janney Montgomery Scott LLC Acquires 100,660 Shares of VICI Properties Inc. $VICI

Janney Montgomery Scott LLC increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 17.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 687,715 shares of the company’s stock after purchasing an additional 100,660 shares during the quarter. Janney Montgomery Scott LLC owned 0.06% of VICI Properties worth $18,788,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of VICI. Bayban acquired a new stake in VICI Properties in the 4th quarter valued at approximately $25,000. State of Wyoming bought a new stake in VICI Properties during the second quarter worth $26,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties in the 4th quarter valued at about $28,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties in the second quarter valued at approximately $28,000. Finally, Reflection Asset Management acquired a new stake in VICI Properties during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI opened at $26.55 on Wednesday. The firm’s fifty day simple moving average is $27.98 and its two-hundred day simple moving average is $28.29. VICI Properties Inc. has a 12 month low of $26.08 and a 12 month high of $34.01. The stock has a market capitalization of $28.38 billion, a P/E ratio of 9.09 and a beta of 0.65. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion during 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 revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Mizuho restated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Barclays raised their target price on shares of 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 price target on VICI Properties in a report on Monday, May 4th. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Finally, Scotiabank cut their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $32.86.

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.