VICI Properties Inc. $VICI Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in VICI Properties Inc. (NYSE:VICI) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,466,757 shares of the company’s stock after acquiring an additional 81,300 shares during the quarter. VICI Properties accounts for approximately 0.7% of VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings, making the stock its 20th largest position. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.33% of VICI Properties worth $113,051,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in VICI Properties in the second quarter worth $486,945,000. Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of VICI Properties by 125.4% during the second quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,587,940 shares of the company’s stock worth $182,167,000 after purchasing an additional 3,108,475 shares during the period. Swedbank AB lifted its position in shares of VICI Properties by 156.1% in the 2nd quarter. Swedbank AB now owns 4,686,040 shares of the company’s stock worth $152,765,000 after buying an additional 2,856,035 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of VICI Properties by 11.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 21,811,143 shares of the company’s stock worth $711,043,000 after buying an additional 2,326,747 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of VICI Properties by 7.1% in the 2nd quarter. Geode Capital Management LLC now owns 34,618,730 shares of the company’s stock valued at $1,144,400,000 after buying an additional 2,281,688 shares during the period. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Stock Up 0.2%

VICI stock opened at $28.35 on Wednesday. The firm’s 50-day moving average is $29.13 and its two-hundred day moving average is $31.44. The company has a market capitalization of $30.30 billion, a price-to-earnings ratio of 10.82, a price-to-earnings-growth ratio of 2.82 and a beta of 0.70. VICI Properties Inc. has a 52 week low of $27.56 and a 52 week high of $34.03. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the business earned $0.57 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. On average, analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th will be issued a $0.45 dividend. The ex-dividend date is Wednesday, December 17th. This represents a $1.80 annualized dividend and a dividend yield of 6.4%. VICI Properties’s dividend payout ratio is 68.70%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VICI shares. Barclays dropped their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Wells Fargo & Company restated an “equal weight” rating and set a $32.00 price objective (down previously from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Mizuho dropped their target price on VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 17th. Cantor Fitzgerald lowered their price target on shares of VICI Properties from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Monday. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $34.36.

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.