WealthTrust Axiom LLC Makes New $907,000 Investment in VICI Properties Inc. $VICI

WealthTrust Axiom LLC bought a new position in shares of VICI Properties Inc. (NYSE:VICIFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 32,250 shares of the company’s stock, valued at approximately $907,000.

A number of other large investors also recently bought and sold shares of the company. State of Wyoming acquired a new stake in shares of VICI Properties during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties during the 2nd quarter worth approximately $28,000. BOKF NA acquired a new stake in shares of VICI Properties during the 3rd quarter worth approximately $30,000. Evolution Wealth Management Inc. acquired a new stake in shares of VICI Properties during the 4th quarter worth approximately $28,000. Finally, Avalon Trust Co acquired a new stake in shares of VICI Properties during the 3rd quarter worth approximately $35,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on VICI. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Robert W. Baird dropped their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Scotiabank increased 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. Mizuho reiterated a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Finally, Barclays increased their price target on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average target price of $33.38.

Read Our Latest Analysis on VICI Properties

VICI Properties Stock Down 0.1%

VICI opened at $28.50 on Monday. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The stock has a market cap of $30.46 billion, a P/E ratio of 9.76 and a beta of 0.65. The stock’s 50 day moving average price is $28.26 and its 200 day moving average price is $28.41.

VICI Properties (NYSE:VICIGet Free Report) last posted 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 for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the firm earned $0.58 EPS. The firm’s 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. As a group, research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

VICI Properties Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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