HighTower Advisors LLC Buys 80,926 Shares of VICI Properties Inc. $VICI

HighTower Advisors LLC lifted its holdings in VICI Properties Inc. (NYSE:VICI) by 2.5% in the fourth quarter, Holdings Channel reports. The firm owned 3,338,936 shares of the company’s stock after buying an additional 80,926 shares during the period. HighTower Advisors LLC’s holdings in VICI Properties were worth $93,891,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VICI. State of Wyoming acquired a new stake in shares of VICI Properties in the 2nd quarter worth $26,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties in the 2nd quarter worth $28,000. BOKF NA acquired a new stake in shares of VICI Properties in the 3rd quarter worth $30,000. Avalon Trust Co acquired a new stake in shares of VICI Properties in the 3rd quarter worth $35,000. Finally, Key Capital Management INC acquired a new stake in shares of VICI Properties in the 4th quarter worth $37,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analysts Set New Price Targets

VICI has been the subject of a number of recent analyst reports. Mizuho reissued a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research report on Wednesday, March 11th. Robert W. Baird lowered their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research report on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Finally, Scotiabank lifted their price target on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 12th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Stock Performance

NYSE VICI opened at $28.36 on Wednesday. The stock has a 50-day simple moving average of $28.17 and a two-hundred day simple moving average of $28.64. The firm has a market capitalization of $30.31 billion, a P/E ratio of 9.71 and a beta of 0.67. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

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

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, March 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

About VICI Properties

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.