First Trust Advisors LP Has $76.36 Million Holdings in VICI Properties Inc. $VICI

First Trust Advisors LP lifted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 55.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,341,715 shares of the company’s stock after acquiring an additional 837,348 shares during the quarter. First Trust Advisors LP owned about 0.22% of VICI Properties worth $76,363,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. State of Wyoming acquired a new stake in VICI Properties in the 2nd quarter worth approximately $26,000. Parvin Asset Management LLC acquired a new position in VICI Properties during the second quarter valued at approximately $27,000. Headlands Technologies LLC bought a new position in shares of VICI Properties in the second quarter valued at approximately $28,000. Godsey & Gibb Inc. acquired a new stake in shares of VICI Properties in the third quarter worth $29,000. Finally, City Holding Co. acquired a new position in shares of VICI Properties during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Scotiabank lowered shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Mizuho dropped their price objective on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, December 17th. The Goldman Sachs Group cut their price objective on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Finally, Evercore reiterated an “in-line” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $33.69.

VICI Properties Stock Down 0.5%

Shares of VICI stock opened at $29.51 on Tuesday. VICI Properties Inc. has a one year low of $27.48 and a one year high of $34.03. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The stock has a fifty day moving average price of $28.88 and a 200 day moving average price of $30.05. The stock has a market cap of $31.54 billion, a P/E ratio of 11.31, a price-to-earnings-growth ratio of 3.40 and a beta of 0.67.

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 net margin of 69.28% and a return on equity of 10.02%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period last year, the firm earned $0.57 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a yield of 6.1%. VICI Properties’s payout ratio is presently 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.