Westerkirk Capital Inc. Buys Shares of 27,700 VICI Properties Inc. $VICI

Westerkirk Capital Inc. bought a new stake in VICI Properties Inc. (NYSE:VICI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 27,700 shares of the company’s stock, valued at approximately $779,000.

Other institutional investors have also recently modified their holdings of the company. Citigroup Inc. boosted its stake in shares of VICI Properties by 117.1% in the third quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after buying an additional 1,691,653 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of VICI Properties by 24.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after buying an additional 173,013 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after buying an additional 3,968,349 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of VICI Properties by 43.8% in the third quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock valued at $112,664,000 after buying an additional 1,052,393 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of VICI Properties in the third quarter valued at approximately $13,926,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Stock Performance

VICI Properties stock opened at $27.99 on Wednesday. The firm has a market capitalization of $29.92 billion, a P/E ratio of 9.58 and a beta of 0.65. The stock has a fifty day moving average price of $28.20 and a 200 day moving average price of $28.42. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week 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.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s payout ratio is 61.64%.

Analyst Ratings Changes

VICI has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research note on Monday, May 4th. Mizuho restated a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Robert W. Baird reduced their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Barclays lifted their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $33.38.

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.