B&I Capital AG Has $1.79 Million Stock Position in VICI Properties Inc. $VICI

B&I Capital AG cut its position in shares of VICI Properties Inc. (NYSE:VICI) by 23.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,940 shares of the company’s stock after selling 16,950 shares during the quarter. VICI Properties accounts for 0.6% of B&I Capital AG’s portfolio, making the stock its 29th largest position. B&I Capital AG’s holdings in VICI Properties were worth $1,791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC acquired a new stake in shares of VICI Properties during the second quarter valued at approximately $38,000. Quadrant Capital Group LLC grew its position in VICI Properties by 12.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 11,854 shares of the company’s stock worth $386,000 after purchasing an additional 1,315 shares in the last quarter. Vinva Investment Management Ltd raised its stake in VICI Properties by 23.7% during the 2nd quarter. Vinva Investment Management Ltd now owns 66,512 shares of the company’s stock valued at $2,147,000 after purchasing an additional 12,748 shares during the period. Choreo LLC raised its stake in VICI Properties by 11.3% during the 2nd quarter. Choreo LLC now owns 19,696 shares of the company’s stock valued at $651,000 after purchasing an additional 1,994 shares during the period. Finally, Russell Investments Group Ltd. lifted its holdings in shares of VICI Properties by 9.1% in the second quarter. Russell Investments Group Ltd. now owns 4,371,939 shares of the company’s stock valued at $142,525,000 after purchasing an additional 365,559 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Trading Up 0.3%

Shares of NYSE VICI opened at $28.84 on Thursday. The business has a 50 day simple moving average of $30.85 and a 200 day simple moving average of $32.03. VICI Properties Inc. has a 52 week low of $27.98 and a 52 week high of $34.03. The stock has a market cap of $30.82 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 2.86 and a beta of 0.72. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.60 and a current ratio of 3.60.

VICI Properties (NYSE:VICI) last posted its earnings results on Thursday, October 30th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The company’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. On average, 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 was paid on Thursday, October 9th. Investors of record on Thursday, September 18th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Thursday, September 18th. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. VICI Properties’s dividend payout ratio (DPR) is presently 68.70%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VICI. Cantor Fitzgerald lowered their price target on VICI Properties from $37.00 to $35.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Mizuho increased their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. JPMorgan Chase & Co. lifted their target price on VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Barclays upped their target price on VICI Properties from $36.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $35.38.

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.