Easterly Investment Partners LLC Acquires 88,516 Shares of VICI Properties Inc. $VICI

Easterly Investment Partners LLC grew its holdings in VICI Properties Inc. (NYSE:VICI) by 22.7% in the 4th quarter, HoldingsChannel reports. The firm owned 478,516 shares of the company’s stock after buying an additional 88,516 shares during the quarter. Easterly Investment Partners LLC’s holdings in VICI Properties were worth $13,456,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. State of Wyoming bought a new stake in shares of VICI Properties in the 2nd quarter valued at about $26,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties in the 2nd quarter valued at about $28,000. BOKF NA bought a new stake in shares of VICI Properties in the 3rd quarter valued at about $30,000. Avalon Trust Co bought a new stake in shares of VICI Properties in the 3rd quarter valued at about $35,000. Finally, Key Capital Management INC bought a new stake in shares of VICI Properties in the 4th quarter valued at about $37,000. Institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Robert W. Baird reduced their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Barclays boosted their price target on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Up 0.0%

NYSE:VICI opened at $28.23 on Monday. The company has a market cap of $30.17 billion, a PE ratio of 9.67 and a beta of 0.65. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average is $28.13 and its two-hundred day moving average is $28.54.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. The company 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 revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s payout ratio 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.