Vise Technologies Inc. Takes $500,000 Position in VICI Properties Inc. $VICI

Vise Technologies Inc. purchased a new position in VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 18,831 shares of the company’s stock, valued at approximately $500,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bayban purchased a new stake in VICI Properties during the fourth quarter worth $25,000. Dynamic Wealth Strategies LLC bought a new stake in VICI Properties during the 1st quarter valued at $25,000. State of Wyoming purchased a new position in shares of VICI Properties in the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. purchased a new position in shares of VICI Properties in the 4th quarter valued at $28,000. Finally, Headlands Technologies LLC bought a new position in shares of VICI Properties in the 2nd quarter worth $28,000. 97.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VICI shares. Wells Fargo & Company decreased their price objective on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Robert W. Baird set a $32.00 target price on VICI Properties in a research note on Thursday, July 30th. Barclays reduced their target price on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Finally, Morgan Stanley lowered their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $31.29.

VICI Properties Stock Performance

Shares of VICI opened at $26.76 on Tuesday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. The firm has a market cap of $29.46 billion, a PE ratio of 10.37 and a beta of 0.65. VICI Properties Inc. has a 12 month low of $25.81 and a 12 month high of $33.92. The stock has a fifty day moving average price of $26.57 and a 200-day moving average price of $27.83.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. VICI Properties’s payout ratio is presently 69.77%.

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.