VICI Properties Inc. $VICI Shares Acquired by Focus Partners Wealth

Focus Partners Wealth lifted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 33.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,411,274 shares of the company’s stock after purchasing an additional 356,961 shares during the quarter. Focus Partners Wealth’s holdings in VICI Properties were worth $42,393,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Aptus Capital Advisors LLC raised its holdings in VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after acquiring an additional 329 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after acquiring an additional 334 shares in the last quarter. Choreo LLC raised its holdings in VICI Properties by 1.8% in the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock valued at $664,000 after acquiring an additional 355 shares in the last quarter. Provident Investment Management Inc. raised its holdings in VICI Properties by 1.5% in the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock valued at $840,000 after acquiring an additional 375 shares in the last quarter. Finally, Hurley Capital LLC raised its holdings in VICI Properties by 5.9% in the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock valued at $226,000 after acquiring an additional 388 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VICI. Robert W. Baird lowered their target price on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Barclays raised their target price on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research report on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Finally, Scotiabank lifted their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 12th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Performance

NYSE:VICI opened at $27.97 on Tuesday. The firm’s fifty day moving average price is $28.27 and its 200 day moving average price is $28.41. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The firm has a market cap of $29.90 billion, a price-to-earnings ratio of 9.58 and a beta of 0.65.

VICI Properties (NYSE:VICI) 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. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, sell-side analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

VICI Properties Company 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.