VICI Properties Inc. $VICI Shares Bought by Sei Investments Co.

Sei Investments Co. increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 56.8% during the first quarter, HoldingsChannel reports. The fund owned 1,762,068 shares of the company’s stock after buying an additional 638,649 shares during the period. Sei Investments Co.’s holdings in VICI Properties were worth $48,140,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Bayban acquired a new stake in shares of VICI Properties in the fourth quarter valued at about $25,000. Dynamic Wealth Strategies LLC acquired a new position in VICI Properties during the first quarter worth about $25,000. State of Wyoming purchased a new position in VICI Properties in the second quarter valued at about $26,000. Evolution Wealth Management Inc. purchased a new position in VICI Properties in the fourth quarter valued at about $28,000. Finally, Headlands Technologies LLC acquired a new stake in shares of VICI Properties during the 2nd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 1.6%

Shares of NYSE:VICI opened at $26.75 on Friday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01. The stock’s fifty day simple moving average is $27.27 and its 200-day simple moving average is $28.09. The company has a market capitalization of $28.59 billion, a P/E ratio of 9.16 and a beta of 0.65.

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

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VICI shares. Barclays decreased their price target on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. 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 price objective for the company. Wells Fargo & Company decreased their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $31.77.

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.