Exchange Traded Concepts LLC Purchases 19,534 Shares of VICI Properties Inc. $VICI

Exchange Traded Concepts LLC raised its position in shares of VICI Properties Inc. (NYSE:VICIFree Report) by 15.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 147,312 shares of the company’s stock after purchasing an additional 19,534 shares during the period. Exchange Traded Concepts LLC’s holdings in VICI Properties were worth $4,142,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. State of Wyoming bought a new position in shares of VICI Properties during the 2nd quarter valued at about $26,000. Parvin Asset Management LLC bought a new stake in VICI Properties in the 2nd quarter worth approximately $27,000. Headlands Technologies LLC bought a new stake in VICI Properties in the 2nd quarter worth approximately $28,000. Godsey & Gibb Inc. purchased a new stake in VICI Properties in the third quarter worth approximately $29,000. Finally, BOKF NA bought a new position in VICI Properties during the third quarter valued at approximately $30,000. Institutional investors own 97.71% of the company’s stock.

Key VICI Properties News

Here are the key news stories impacting VICI Properties this week:

Wall Street Analysts Forecast Growth

VICI has been the topic of several research reports. Mizuho reissued a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Barclays cut their price objective on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research note on Wednesday, December 3rd. Evercore reaffirmed an “in-line” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research report on Monday, January 5th. Finally, Robert W. Baird lowered their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.69.

Check Out Our Latest Research Report on VICI

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $27.12 on Tuesday. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. The company has a 50-day moving average price of $28.78 and a 200-day moving average price of $29.46. The company has a market cap of $28.99 billion, a price-to-earnings ratio of 10.39, a price-to-earnings-growth ratio of 3.05 and a beta of 0.67. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01.

VICI Properties (NYSE:VICIGet Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.03). The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 annualized dividend and a dividend yield of 6.6%. VICI Properties’s payout ratio is 68.97%.

VICI Properties Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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