Stephens Inc. AR Has $508,000 Holdings in VICI Properties Inc. $VICI

Stephens Inc. AR lessened its stake in VICI Properties Inc. (NYSE:VICI) by 8.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,577 shares of the company’s stock after selling 1,424 shares during the quarter. Stephens Inc. AR’s holdings in VICI Properties were worth $508,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its stake in shares of VICI Properties by 205.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company’s stock valued at $556,077,000 after purchasing an additional 11,458,239 shares during the last quarter. Nuveen LLC bought a new position in shares of VICI Properties in the 1st quarter valued at about $320,179,000. Deutsche Bank AG boosted its stake in shares of VICI Properties by 172.4% in the 1st quarter. Deutsche Bank AG now owns 7,395,134 shares of the company’s stock valued at $241,229,000 after purchasing an additional 4,680,136 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of VICI Properties by 81.6% in the 1st quarter. American Century Companies Inc. now owns 8,252,528 shares of the company’s stock valued at $269,197,000 after purchasing an additional 3,707,396 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of VICI Properties in the 2nd quarter valued at about $110,366,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Down 0.6%

VICI Properties stock opened at $31.24 on Friday. The company’s 50 day simple moving average is $32.40 and its 200 day simple moving average is $32.35. VICI Properties Inc. has a fifty-two week low of $27.98 and a fifty-two week high of $34.03. The firm has a market capitalization of $33.31 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 3.11 and a beta of 0.72. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.74 and a quick ratio of 1.74.

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

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 18th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, September 18th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.43. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.8%. VICI Properties’s dividend payout ratio (DPR) is 68.97%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VICI. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of VICI Properties in a research note on Friday. Citigroup reaffirmed a “market outperform” rating on shares of VICI Properties in a research note on Tuesday, July 22nd. JMP Securities set a $35.00 target price on shares of VICI Properties in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. raised their target price on shares of VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Finally, Stifel Nicolaus raised their target price on shares of VICI Properties from $34.75 to $35.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $36.08.

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.