Peak Retirement Planning Inc. boosted its holdings in VICI Properties Inc. (NYSE:VICI – Free Report) by 35.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,036 shares of the company’s stock after acquiring an additional 18,620 shares during the period. Peak Retirement Planning Inc.’s holdings in VICI Properties were worth $1,998,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. State of Wyoming bought a new position in VICI Properties in the second quarter worth about $26,000. Headlands Technologies LLC bought a new position in VICI Properties in the second quarter worth about $28,000. BOKF NA bought a new position in VICI Properties in the third quarter worth about $30,000. Avalon Trust Co bought a new position in VICI Properties in the third quarter worth about $35,000. Finally, Key Capital Management INC bought a new position in VICI Properties in the fourth quarter worth about $37,000. Institutional investors own 97.71% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Mizuho reissued a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Scotiabank lifted their price target on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Robert W. Baird cut their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a report on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.
VICI Properties Stock Performance
VICI opened at $27.52 on Wednesday. The business’s 50 day moving average is $28.13 and its 200-day moving average is $28.52. The stock has a market cap of $29.41 billion, a PE ratio of 9.42 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 Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last released 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. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the company posted $0.58 earnings per share. The business’s revenue for the quarter 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. On average, analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.
VICI Properties Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 19th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.5%. VICI Properties’s 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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