27,700 Shares in VICI Properties Inc. $VICI Purchased by Westerkirk Capital Inc.

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

Other institutional investors have also modified their holdings of the company. State of Wyoming acquired a new position in shares of VICI Properties in the second quarter worth about $26,000. Evolution Wealth Management Inc. acquired a new position in shares of VICI Properties in the fourth quarter worth about $28,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties in the second quarter worth about $28,000. BOKF NA acquired a new position in shares of VICI Properties in the third quarter worth about $30,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in shares of VICI Properties in the fourth quarter worth about $33,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on VICI shares. Scotiabank increased their target price on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a report on Monday, May 4th. Robert W. Baird reduced their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Mizuho reaffirmed a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Seven 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Stock Performance

Shares of VICI stock opened at $27.99 on Wednesday. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01. The firm has a market capitalization of $29.92 billion, a price-to-earnings ratio of 9.58 and a beta of 0.65. The business has a 50 day simple moving average of $28.20 and a 200 day simple moving average of $28.42. 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 announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate 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 in the prior year, the firm posted $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities research analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.4%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

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.