Sigma Planning Corp grew its position in VICI Properties Inc. (NYSE:VICI – Free Report) by 204.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,059 shares of the company’s stock after buying an additional 39,680 shares during the period. Sigma Planning Corp’s holdings in VICI Properties were worth $1,614,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bayban purchased a new stake in shares of VICI Properties during the 4th quarter valued at approximately $25,000. State of Wyoming purchased a new position in VICI Properties in the second quarter worth approximately $26,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties during the fourth quarter worth $28,000. Headlands Technologies LLC acquired a new stake in VICI Properties during the second quarter worth $28,000. Finally, Reflection Asset Management purchased a new stake in VICI Properties in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 97.71% of the company’s stock.
Analyst Ratings Changes
A number of research firms have commented on VICI. Barclays upped their target price on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a report on Monday, May 4th. Wells Fargo & Company lowered their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday. Morgan Stanley dropped their target price on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Finally, Scotiabank cut their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $32.21.
VICI Properties Stock Down 1.0%
Shares of NYSE:VICI opened at $26.88 on Friday. The firm has a market capitalization of $28.74 billion, a PE ratio of 9.21 and a beta of 0.65. VICI Properties Inc. has a 1 year low of $25.82 and a 1 year high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The firm’s 50-day moving average is $27.44 and its two-hundred day moving average is $28.15.
VICI Properties (NYSE:VICI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.
VICI Properties Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a 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%.
About VICI Properties
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.
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