Mizuho Markets Americas LLC Purchases New Shares in VICI Properties Inc. $VICI

Mizuho Markets Americas LLC purchased a new position in VICI Properties Inc. (NYSE:VICI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,966,900 shares of the company’s stock, valued at approximately $108,376,000. VICI Properties comprises approximately 3.0% of Mizuho Markets Americas LLC’s holdings, making the stock its 7th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Corrado Advisors LLC raised its stake in shares of VICI Properties by 0.8% in the first quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock valued at $1,374,000 after acquiring an additional 393 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of VICI Properties by 2.9% during the 4th quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock worth $431,000 after purchasing an additional 434 shares during the period. West Paces Advisors Inc. boosted its stake in shares of VICI Properties by 2.4% during the 4th quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock worth $513,000 after purchasing an additional 435 shares during the period. Brookstone Capital Management grew its holdings in VICI Properties by 6.6% during the 4th quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock valued at $202,000 after purchasing an additional 444 shares during the last quarter. Finally, Beacon Investment Advisors LLC raised its position in VICI Properties by 3.4% in the 4th quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock worth $393,000 after purchasing an additional 455 shares during the period. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on VICI shares. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Barclays reduced their price target on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday. Scotiabank decreased their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Finally, Wells Fargo & Company dropped their price objective on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $31.77.

VICI Properties Trading Down 0.9%

Shares of VICI opened at $26.34 on Friday. VICI Properties Inc. has a 1-year low of $25.82 and a 1-year high of $34.01. The company has a 50-day moving average of $27.29 and a 200 day moving average of $28.10. The firm has a market capitalization of $28.16 billion, a price-to-earnings ratio of 9.02 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts expect 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 was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. VICI Properties’s payout ratio is presently 61.64%.

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.