VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in VICI Properties Inc. $VICI

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in VICI Properties Inc. (NYSE:VICI) during the 2nd quarter, Holdings Channel.com reports. The firm bought 1,713,668 shares of the company’s stock, valued at approximately $45,498,000.

Other hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in VICI Properties by 3.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,699,040 shares of the company’s stock valued at $284,060,000 after purchasing an additional 349,262 shares during the last quarter. Bank of America Corp DE grew its position in shares of VICI Properties by 2.7% in the 1st quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock worth $763,553,000 after buying an additional 734,068 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of VICI Properties during the second quarter valued at approximately $4,858,000. Wilsey Asset Management Inc. raised its holdings in shares of VICI Properties by 6.4% during the first quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock valued at $30,092,000 after acquiring an additional 65,853 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of 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 valued at $198,619,000 after acquiring an additional 1,406,897 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on VICI. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of VICI Properties in a report on Friday, July 31st. Mizuho dropped their target price on shares of VICI Properties from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Wednesday, September 2nd. Wells Fargo & Company cut their target price on shares of VICI Properties from $27.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 1st. Morgan Stanley reduced their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Finally, Cantor Fitzgerald lowered their price objective on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.00.

VICI Properties Price Performance

Shares of VICI stock opened at $25.39 on Monday. The business’s fifty day moving average is $26.39 and its 200 day moving average is $27.62. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The stock has a market cap of $27.96 billion, a price-to-earnings ratio of 9.84 and a beta of 0.65. VICI Properties Inc. has a twelve month low of $25.34 and a twelve month high of $33.82.

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

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be given a dividend of $0.46 per share. This is an increase from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.84 dividend on an annualized basis and a yield of 7.2%. VICI Properties’s dividend payout ratio is 69.77%.

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.