Nemes Rush Group LLC Sells 27,098 Shares of VICI Properties Inc. $VICI

Nemes Rush Group LLC trimmed its stake in shares of VICI Properties Inc. (NYSE:VICI) by 8.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 311,386 shares of the company’s stock after selling 27,098 shares during the quarter. Nemes Rush Group LLC’s holdings in VICI Properties were worth $8,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in VICI. Norges Bank bought a new position in shares of VICI Properties during the fourth quarter worth about $537,676,000. UBS Group AG increased its holdings in shares of VICI Properties by 99.5% during the third quarter. UBS Group AG now owns 9,656,111 shares of the company’s stock valued at $314,886,000 after acquiring an additional 4,815,053 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in shares of VICI Properties by 1,699.8% during the fourth quarter. Jupiter Asset Management Ltd. now owns 4,544,692 shares of the company’s stock valued at $127,797,000 after acquiring an additional 4,292,183 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of VICI Properties by 17.9% during the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after acquiring an additional 3,968,349 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of VICI Properties during the fourth quarter valued at approximately $88,673,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Price Performance

Shares of NYSE VICI opened at $27.88 on Friday. The firm has a market capitalization of $29.81 billion, a P/E ratio of 9.55 and a beta of 0.65. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock’s 50-day simple moving average is $28.16 and its two-hundred day simple moving average is $28.45. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The firm had revenue of $1.02 billion for 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 period in the prior year, the company earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, equities analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio is 61.64%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Barclays lifted their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Mizuho restated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Robert W. Baird lowered their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.38.

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.