Nemes Rush Group LLC Sells 27,098 Shares of VICI Properties Inc. $VICI

Nemes Rush Group LLC decreased its position in VICI Properties Inc. (NYSE:VICI) by 8.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 311,386 shares of the company’s stock after selling 27,098 shares during the period. Nemes Rush Group LLC’s holdings in VICI Properties were worth $8,756,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Havemeyer Place LP bought a new stake in shares of VICI Properties during the 4th quarter worth approximately $1,342,000. Vestcor Inc raised its stake in shares of VICI Properties by 23.6% during the 4th quarter. Vestcor Inc now owns 503,255 shares of the company’s stock worth $14,152,000 after purchasing an additional 96,198 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of VICI Properties by 15.7% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 368,049 shares of the company’s stock worth $10,350,000 after purchasing an additional 49,890 shares in the last quarter. Pinebridge Investments LLC bought a new stake in shares of VICI Properties during the 4th quarter worth approximately $44,740,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new stake in shares of VICI Properties during the 4th quarter worth approximately $5,913,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on VICI. Mizuho reissued a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Robert W. Baird decreased their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Scotiabank boosted their target price on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Finally, Barclays boosted their target price on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Stock Performance

Shares of NYSE VICI opened at $27.88 on Friday. 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 stock’s fifty day moving average price is $28.16 and its two-hundred day moving average price is $28.45. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01. The firm has a market cap of $29.81 billion, a price-to-earnings ratio of 9.55 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) 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 analyst estimates of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 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.