VICI Properties Inc. $VICI Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its stake in shares of VICI Properties Inc. (NYSE:VICI) by 297.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 192,139 shares of the company’s stock after buying an additional 143,739 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in VICI Properties were worth $5,249,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. State of Wyoming acquired a new position in shares of VICI Properties during the second quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new stake in VICI Properties in the second quarter worth approximately $28,000. Bayban acquired a new stake in VICI Properties in the fourth quarter worth approximately $25,000. BOKF NA bought a new position in VICI Properties during the 3rd quarter valued at $30,000. Finally, Evolution Wealth Management Inc. bought a new position in VICI Properties during the 4th quarter valued at $28,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Price Performance

NYSE VICI opened at $27.19 on Friday. VICI Properties Inc. has a 1 year low of $26.08 and a 1 year high of $34.01. The business’s fifty day moving average is $27.88 and its two-hundred day moving average is $28.26. The stock has a market capitalization of $29.07 billion, a P/E ratio of 9.31 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company’s revenue was up 3.5% compared to the same quarter last year. During the same period last year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors 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 dividend on an annualized basis and a yield of 6.6%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Scotiabank dropped their price objective 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. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Royal Bank Of Canada initiated coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price on the stock. Barclays boosted their price target 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.86.

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.