VICI Properties Inc. $VICI Shares Acquired by Acadian Asset Management LLC

Acadian Asset Management LLC grew its position in shares of VICI Properties Inc. (NYSE:VICI) by 383.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,941 shares of the company’s stock after purchasing an additional 45,160 shares during the quarter. Acadian Asset Management LLC’s holdings in VICI Properties were worth $1,856,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Wayfinding Financial LLC purchased a new position in shares of VICI Properties during the 1st quarter valued at approximately $29,000. AdvisorNet Financial Inc increased its holdings in shares of VICI Properties by 362.2% during the 1st quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company’s stock valued at $33,000 after purchasing an additional 786 shares in the last quarter. Avalon Trust Co purchased a new position in shares of VICI Properties during the 1st quarter valued at approximately $35,000. Investment Management Corp VA ADV increased its holdings in shares of VICI Properties by 171.3% during the 1st quarter. Investment Management Corp VA ADV now owns 1,123 shares of the company’s stock valued at $37,000 after purchasing an additional 709 shares in the last quarter. Finally, Kestra Investment Management LLC increased its holdings in shares of VICI Properties by 55.5% during the 1st quarter. Kestra Investment Management LLC now owns 1,776 shares of the company’s stock valued at $58,000 after purchasing an additional 634 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on VICI. Evercore ISI boosted their price target on shares of VICI Properties from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday. Stifel Nicolaus boosted their price target on shares of VICI Properties from $34.75 to $35.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Citigroup reissued a “market outperform” rating on shares of VICI Properties in a report on Tuesday, July 22nd. JMP Securities set a $35.00 price target on shares of VICI Properties in a report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of VICI Properties from $37.00 to $38.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.92.

VICI Properties Trading Down 1.3%

VICI Properties stock opened at $32.65 on Wednesday. The stock has a market cap of $34.82 billion, a PE ratio of 12.51, a P/E/G ratio of 3.30 and a beta of 0.70. The stock has a 50-day moving average price of $33.15 and a 200 day moving average price of $32.37. VICI Properties Inc. has a 52 week low of $27.98 and a 52 week high of $34.17. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.62.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 earnings per share for the quarter, meeting the consensus estimate of $0.60. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $991.59 million. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 EPS. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 18th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, September 18th. This represents a $1.80 annualized dividend and a yield of 5.5%. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. VICI Properties’s dividend payout ratio (DPR) is presently 66.28%.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.