VICI Properties Inc. $VICI Shares Purchased by Blair William & Co. IL

Blair William & Co. IL increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 3.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 145,525 shares of the company’s stock after acquiring an additional 4,640 shares during the period. Blair William & Co. IL’s holdings in VICI Properties were worth $4,744,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VICI. Wayfinding Financial LLC acquired a new stake in VICI Properties in the 1st quarter worth about $29,000. Hoey Investments Inc. acquired a new stake in VICI Properties in the 2nd quarter worth about $33,000. Avalon Trust Co acquired a new stake in VICI Properties in the 1st quarter worth about $35,000. Investment Management Corp VA ADV boosted its holdings in VICI Properties by 171.3% in the 1st quarter. Investment Management Corp VA ADV now owns 1,123 shares of the company’s stock worth $37,000 after buying an additional 709 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its holdings in VICI Properties by 55.5% in the 1st quarter. Kestra Investment Management LLC now owns 1,776 shares of the company’s stock worth $58,000 after buying an additional 634 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on VICI. Scotiabank lifted their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. lifted their price objective on VICI Properties from $37.00 to $38.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Weiss Ratings reiterated a “buy (b-)” rating on shares of VICI Properties in a report on Wednesday, October 8th. Mizuho raised their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Finally, Morgan Stanley raised their target price on shares of VICI Properties from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 8th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.00.

VICI Properties Trading Down 0.0%

VICI opened at $30.97 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.74 and a quick ratio of 1.74. The company’s 50 day simple moving average is $32.78 and its two-hundred day simple moving average is $32.36. VICI Properties Inc. has a 1-year low of $27.98 and a 1-year high of $34.03. The firm has a market capitalization of $33.03 billion, a price-to-earnings ratio of 11.87, a price-to-earnings-growth ratio of 3.09 and a beta of 0.72.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.60. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $991.59 million. VICI Properties had a net margin of 70.20% and a return on equity of 10.21%. The business’s revenue was up 4.6% on a year-over-year basis. During the same period last year, the company posted $0.57 EPS. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. Analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Thursday, September 18th. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. VICI Properties’s dividend payout ratio is presently 68.97%.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.