Nemes Rush Group LLC Acquires 27,175 Shares of VICI Properties Inc. $VICI

Nemes Rush Group LLC increased its holdings in VICI Properties Inc. (NYSE:VICI) by 8.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,484 shares of the company’s stock after buying an additional 27,175 shares during the period. VICI Properties accounts for 1.1% of Nemes Rush Group LLC’s holdings, making the stock its 29th largest position. Nemes Rush Group LLC’s holdings in VICI Properties were worth $11,038,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in VICI. NewEdge Advisors LLC raised its holdings in VICI Properties by 204.4% in the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after acquiring an additional 25,234 shares in the last quarter. Woodline Partners LP grew its holdings in shares of VICI Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Savant Capital LLC increased its position in shares of VICI Properties by 18.6% in the second quarter. Savant Capital LLC now owns 9,995 shares of the company’s stock worth $326,000 after purchasing an additional 1,566 shares during the period. AE Wealth Management LLC bought a new position in shares of VICI Properties in the second quarter worth $216,000. Finally, ProShare Advisors LLC raised its stake in VICI Properties by 8.1% in the second quarter. ProShare Advisors LLC now owns 217,992 shares of the company’s stock valued at $7,107,000 after purchasing an additional 16,270 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VICI has been the subject of several recent analyst reports. Barclays cut their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research report on Monday, January 5th. Scotiabank downgraded shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Mizuho reduced their price target on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average target price of $33.69.

VICI Properties Stock Performance

Shares of VICI Properties stock opened at $29.28 on Wednesday. The company’s 50 day moving average price is $28.90 and its two-hundred day moving average price is $30.02. The firm has a market capitalization of $31.29 billion, a P/E ratio of 11.22, a P/E/G ratio of 3.38 and a beta of 0.67. VICI Properties Inc. has a fifty-two week low of $27.48 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.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 company posted $0.57 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be given a $0.45 dividend. The ex-dividend date is Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.1%. VICI Properties’s dividend payout ratio (DPR) is currently 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.