OMERS ADMINISTRATION Corp Acquires Shares of 768,744 VICI Properties Inc. $VICI

OMERS ADMINISTRATION Corp bought a new position in VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 768,744 shares of the company’s stock, valued at approximately $20,410,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VICI. State of Wyoming bought a new stake in shares of VICI Properties during the second quarter valued at approximately $26,000. Headlands Technologies LLC bought a new position in VICI Properties in the 2nd quarter valued at approximately $28,000. Bayban purchased a new stake in VICI Properties during the 4th quarter valued at $25,000. Dynamic Wealth Strategies LLC purchased a new stake in VICI Properties during the 1st quarter valued at $25,000. Finally, BOKF NA purchased a new stake in VICI Properties during the 3rd quarter valued at $30,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 0.2%

NYSE:VICI opened at $26.55 on Monday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a 12 month low of $25.81 and a 12 month high of $33.92. The company has a market cap of $29.23 billion, a PE ratio of 10.29 and a beta of 0.65. The company has a 50 day simple moving average of $26.59 and a two-hundred day simple moving average of $27.84.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.09). The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. VICI Properties’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is currently 69.77%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on VICI shares. Cantor Fitzgerald decreased their price target on VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a report on Friday, July 31st. Scotiabank decreased their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Finally, Royal Bank Of Canada initiated coverage on shares of VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price on the stock. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $31.29.

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.