VICI Properties Inc. $VICI Position Boosted by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in VICI Properties Inc. (NYSE:VICI) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,466,757 shares of the company’s stock after purchasing an additional 81,300 shares during the period. VICI Properties comprises 0.7% of VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings, making the stock its 20th biggest holding. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in VICI Properties were worth $113,051,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State of Wyoming acquired a new position in VICI Properties in the second quarter worth approximately $26,000. Parvin Asset Management LLC acquired a new stake in shares of VICI Properties during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. boosted its stake in shares of VICI Properties by 489.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock worth $28,000 after acquiring an additional 724 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of VICI Properties in the 2nd quarter worth $28,000. Finally, Hoey Investments Inc. acquired a new stake in shares of VICI Properties during the second quarter worth $33,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of VICI opened at $28.35 on Wednesday. The company has a market capitalization of $30.30 billion, a price-to-earnings ratio of 10.82, a P/E/G ratio of 2.82 and a beta of 0.70. VICI Properties Inc. has a fifty-two week low of $27.56 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60. The business’s 50-day moving average is $29.13 and its 200-day moving average is $31.44.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1 billion. During the same period last year, the company posted $0.57 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. Equities research analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. VICI Properties’s dividend payout ratio (DPR) is 68.70%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on VICI. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Monday. Mizuho reduced their price objective on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, December 17th. Barclays dropped their target price on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. JPMorgan Chase & Co. upped their price target on shares of VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Finally, Cantor Fitzgerald decreased their price objective on shares of VICI Properties from $37.00 to $35.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.