HighTower Advisors LLC Raises Stock Holdings in VICI Properties Inc. $VICI

HighTower Advisors LLC lifted its holdings in VICI Properties Inc. (NYSE:VICI) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,338,936 shares of the company’s stock after buying an additional 80,926 shares during the quarter. HighTower Advisors LLC owned approximately 0.31% of VICI Properties worth $93,891,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VICI. Pathway Financial Advisers LLC grew its stake in VICI Properties by 1.5% in the fourth quarter. Pathway Financial Advisers LLC now owns 108,782 shares of the company’s stock worth $3,059,000 after purchasing an additional 1,561 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in VICI Properties by 5.2% in the fourth quarter. Gamco Investors INC. ET AL now owns 47,231 shares of the company’s stock worth $1,328,000 after purchasing an additional 2,330 shares in the last quarter. Gabelli Funds LLC grew its stake in VICI Properties by 2.6% in the fourth quarter. Gabelli Funds LLC now owns 219,462 shares of the company’s stock worth $6,171,000 after purchasing an additional 5,625 shares in the last quarter. North Dakota State Investment Board bought a new position in VICI Properties in the fourth quarter worth approximately $1,018,000. Finally, iA Global Asset Management Inc. grew its stake in VICI Properties by 38.2% in the fourth quarter. iA Global Asset Management Inc. now owns 94,594 shares of the company’s stock worth $2,660,000 after purchasing an additional 26,148 shares in the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Stock Down 0.5%

Shares of NYSE VICI opened at $28.36 on Wednesday. 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 stock has a market capitalization of $30.31 billion, a PE ratio of 9.71 and a beta of 0.67. The stock’s fifty day simple moving average is $28.17 and its two-hundred day simple moving average is $28.64. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.11. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts expect that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

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 6.3%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is 61.64%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Robert W. Baird dropped their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Scotiabank increased their price objective on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Barclays increased their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, Mizuho reissued a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Company 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.