Public Employees Retirement System of Ohio Acquires Shares of 1,607,489 VICI Properties Inc. $VICI

Public Employees Retirement System of Ohio bought a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,607,489 shares of the company’s stock, valued at approximately $42,679,000.

A number of other large investors have also recently modified their holdings of the business. State of Wyoming bought a new position in shares of VICI Properties in the 2nd quarter valued at $26,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties during the 2nd quarter worth $28,000. Bayban acquired a new stake in VICI Properties in the fourth quarter valued at about $25,000. Dynamic Wealth Strategies LLC acquired a new stake in VICI Properties in the first quarter valued at about $25,000. Finally, BOKF NA bought a new position in VICI Properties in the third quarter valued at about $30,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on VICI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of VICI Properties in a research note on Friday, July 31st. Barclays cut their target price on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Robert W. Baird set a $32.00 target price on shares of VICI Properties in a research note on Thursday, July 30th. Finally, Cantor Fitzgerald lowered their price target 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 equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Hold” and an average price target of $31.29.

VICI Properties Stock Down 0.9%

Shares of NYSE VICI opened at $25.77 on Friday. The company has a 50 day simple moving average of $26.50 and a 200 day simple moving average of $27.77. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. VICI Properties Inc. has a 1 year low of $25.75 and a 1 year high of $33.92. The firm has a market cap of $28.37 billion, a PE ratio of 9.99 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. 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 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 7.0%. VICI Properties’s dividend payout ratio is presently 69.77%.

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.