RB Capital Management LLC Invests $853,000 in VICI Properties Inc. $VICI

RB Capital Management LLC bought a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,116 shares of the company’s stock, valued at approximately $853,000.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of VICI Properties by 2.7% in the first quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock valued at $763,553,000 after acquiring an additional 734,068 shares in the last quarter. Wilsey Asset Management Inc. raised its holdings in VICI Properties by 6.4% during the first quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock worth $30,092,000 after purchasing an additional 65,853 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC raised its holdings in VICI Properties by 24.9% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock worth $198,619,000 after purchasing an additional 1,406,897 shares in the last quarter. Gabelli Funds LLC lifted its position in VICI Properties by 19.4% in the first quarter. Gabelli Funds LLC now owns 262,124 shares of the company’s stock worth $7,161,000 after purchasing an additional 42,662 shares during the period. Finally, PensionDanmark Pensionsforsikringsaktieselskab lifted its position in VICI Properties by 26.2% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 560,609 shares of the company’s stock worth $14,884,000 after purchasing an additional 116,546 shares during the period. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Price Performance

NYSE VICI opened at $25.90 on Friday. VICI Properties Inc. has a 1 year low of $25.75 and a 1 year high of $33.92. The business’s fifty day moving average is $26.49 and its two-hundred day moving average is $27.76. The stock has a market capitalization of $28.52 billion, a P/E ratio of 10.04 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.09). The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were given 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 6.9%. VICI Properties’s dividend payout ratio (DPR) is 69.77%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on VICI shares. Wells Fargo & Company lowered their price target on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a report on Friday, July 31st. Barclays lowered their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Finally, Scotiabank cut their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $31.29.

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.