VICI Properties Inc. $VICI Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. increased its position in VICI Properties Inc. (NYSE:VICI) by 163.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,070 shares of the company’s stock after buying an additional 33,536 shares during the period. D.A. Davidson & CO.’s holdings in VICI Properties were worth $1,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VICI. State of Wyoming purchased a new stake in VICI Properties in the 2nd quarter worth approximately $26,000. Parvin Asset Management LLC acquired a new stake in shares of VICI Properties during the second quarter worth $27,000. Hantz Financial Services Inc. grew its position in shares of VICI Properties by 489.2% in the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after purchasing an additional 724 shares during the period. Headlands Technologies LLC purchased a new stake in shares of VICI Properties in the second quarter valued at $28,000. Finally, Hoey Investments Inc. acquired a new position in VICI Properties in the second quarter valued at $33,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Barclays decreased their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research report on Monday. Evercore ISI restated an “in-line” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $32.00 price target (down previously from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Finally, Stifel Nicolaus cut their price target on shares of VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $34.31.

VICI Properties Stock Down 0.3%

Shares of NYSE:VICI opened at $27.77 on Friday. The stock has a 50-day simple moving average of $28.71 and a 200-day simple moving average of $31.20. The stock has a market capitalization of $29.68 billion, a P/E ratio of 10.60, a PEG ratio of 2.77 and a beta of 0.70. VICI Properties Inc. has a 1 year low of $27.48 and a 1 year high of $34.03. 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 announced its quarterly earnings results on Thursday, October 30th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the company posted $0.57 earnings per share. VICI Properties’s revenue was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. Equities analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 17th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend was Wednesday, December 17th. VICI Properties’s dividend payout ratio is 68.70%.

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.