Oxbow Advisors LLC Buys 101,983 Shares of VICI Properties Inc. $VICI

Oxbow Advisors LLC lifted its stake in VICI Properties Inc. (NYSE:VICIFree Report) by 75.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 237,231 shares of the company’s stock after buying an additional 101,983 shares during the period. Oxbow Advisors LLC’s holdings in VICI Properties were worth $6,671,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of VICI. Denali Advisors LLC lifted its position in VICI Properties by 45.5% in the fourth quarter. Denali Advisors LLC now owns 50,553 shares of the company’s stock worth $1,422,000 after buying an additional 15,818 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in VICI Properties by 123.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 39,949 shares of the company’s stock valued at $1,123,000 after acquiring an additional 22,084 shares during the last quarter. International Assets Investment Management LLC increased its position in VICI Properties by 19.7% during the fourth quarter. International Assets Investment Management LLC now owns 9,133 shares of the company’s stock valued at $257,000 after acquiring an additional 1,506 shares during the last quarter. Generali Asset Management SPA SGR raised its stake in shares of VICI Properties by 78.8% in the fourth quarter. Generali Asset Management SPA SGR now owns 81,503 shares of the company’s stock valued at $2,292,000 after acquiring an additional 35,918 shares during the period. Finally, Plan Group Financial LLC lifted its holdings in shares of VICI Properties by 13.9% in the 4th quarter. Plan Group Financial LLC now owns 73,340 shares of the company’s stock worth $2,062,000 after acquiring an additional 8,978 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Scotiabank lowered shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Robert W. Baird reduced their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Mizuho reissued a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.23.

Check Out Our Latest Analysis on VICI Properties

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $28.87 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. The company has a market capitalization of $30.86 billion, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 3.29 and a beta of 0.67. The firm has a 50 day moving average of $28.43 and a 200 day moving average of $28.78. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01.

VICI Properties (NYSE:VICIGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating 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 company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $0.58 earnings per share. The firm’s revenue for the quarter 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. On average, sell-side analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.2%. VICI Properties’s payout ratio is presently 61.64%.

VICI Properties Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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