Miller Global Investments LLC Takes $878,000 Position in VICI Properties Inc. $VICI

Miller Global Investments LLC purchased a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,222 shares of the company’s stock, valued at approximately $878,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VICI. State of Wyoming acquired a new position in VICI Properties in the 2nd quarter valued at approximately $26,000. Parvin Asset Management LLC acquired a new stake in shares of VICI Properties during the 2nd quarter valued at $27,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties during the 2nd quarter valued at $28,000. Godsey & Gibb Inc. purchased a new position in shares of VICI Properties during the 3rd quarter valued at $29,000. Finally, BOKF NA purchased a new position in shares of VICI Properties during the 3rd quarter valued at $30,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Mizuho reiterated a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Scotiabank lowered VICI Properties from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Evercore reaffirmed an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Finally, Barclays reduced their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.69.

VICI Properties Stock Down 0.5%

VICI opened at $27.97 on Friday. The firm has a market cap of $29.90 billion, a P/E ratio of 10.72, a price-to-earnings-growth ratio of 3.23 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. The business has a 50 day moving average price of $28.96 and a 200 day moving average price of $29.82. VICI Properties Inc. has a twelve month low of $27.48 and a twelve month high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $0.57 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Research analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be paid a $0.45 dividend. The ex-dividend date is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.4%. VICI Properties’s dividend payout ratio (DPR) is presently 68.97%.

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.