Havemeyer Place LP Purchases New Shares in VICI Properties Inc. $VICI

Havemeyer Place LP purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 47,729 shares of the company’s stock, valued at approximately $1,342,000.

A number of other large investors have also added to or reduced their stakes in VICI. Vestcor Inc boosted its stake in VICI Properties by 23.6% during the 4th quarter. Vestcor Inc now owns 503,255 shares of the company’s stock valued at $14,152,000 after acquiring an additional 96,198 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its stake in VICI Properties by 15.7% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 368,049 shares of the company’s stock valued at $10,350,000 after acquiring an additional 49,890 shares during the last quarter. Pinebridge Investments LLC bought a new position in VICI Properties during the 4th quarter valued at $44,740,000. Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in VICI Properties during the 4th quarter valued at $5,913,000. Finally, WINTON GROUP Ltd bought a new position in VICI Properties during the 4th quarter valued at $13,981,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on VICI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Robert W. Baird reduced their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Barclays increased their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Mizuho reiterated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Scotiabank increased their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Trading Up 0.1%

Shares of NYSE:VICI opened at $27.88 on Monday. The company has a market cap of $29.81 billion, a PE ratio of 9.55 and a beta of 0.65. The company’s 50-day moving average price is $28.16 and its 200 day moving average price is $28.44. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. 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 (NYSE:VICI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. VICI Properties’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a $0.45 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.5%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

VICI Properties 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.