TT Capital Management LLC Boosts Stake in VICI Properties Inc. $VICI

TT Capital Management LLC raised its position in VICI Properties Inc. (NYSE:VICI) by 54.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 228,452 shares of the company’s stock after acquiring an additional 80,216 shares during the quarter. VICI Properties makes up 5.1% of TT Capital Management LLC’s portfolio, making the stock its 4th biggest holding. TT Capital Management LLC’s holdings in VICI Properties were worth $6,424,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VICI. State of Wyoming bought a new position in VICI Properties in the second quarter valued at about $26,000. Evolution Wealth Management Inc. bought a new position in VICI Properties in the fourth quarter valued at about $28,000. Headlands Technologies LLC bought a new position in VICI Properties in the second quarter valued at about $28,000. BOKF NA bought a new position in VICI Properties in the third quarter valued at about $30,000. Finally, Sarver Vrooman Wealth Advisors bought a new position in VICI Properties in the fourth quarter valued at about $33,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on VICI. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Robert W. Baird lowered their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Barclays increased their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Mizuho reissued a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Finally, Scotiabank raised their price objective on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Down 0.4%

NYSE VICI opened at $27.18 on Friday. The stock’s 50-day moving average price is $28.15 and its 200-day moving average price is $28.46. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01. The company has a market capitalization of $29.06 billion, a P/E ratio of 9.31 and a beta of 0.65.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data 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 firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $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, equities research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.6%. VICI Properties’s dividend payout ratio (DPR) is 61.64%.

About VICI Properties

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.