LVW Advisors LLC Cuts Stock Position in VICI Properties Inc. $VICI

LVW Advisors LLC lessened its holdings in shares of VICI Properties Inc. (NYSE:VICIFree Report) by 54.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,461 shares of the company’s stock after selling 22,838 shares during the quarter. LVW Advisors LLC’s holdings in VICI Properties were worth $547,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aptus Capital Advisors LLC grew its holdings in shares of VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after purchasing an additional 329 shares in the last quarter. Arete Wealth Advisors LLC lifted its holdings in VICI Properties by 3.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock worth $296,000 after buying an additional 334 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in VICI Properties by 3.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after buying an additional 337 shares in the last quarter. Choreo LLC boosted its position in VICI Properties by 1.8% in the 3rd quarter. Choreo LLC now owns 20,051 shares of the company’s stock valued at $664,000 after buying an additional 355 shares during the period. Finally, Armstrong Advisory Group Inc. boosted its position in VICI Properties by 4.6% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 8,462 shares of the company’s stock valued at $276,000 after buying an additional 370 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Robert W. Baird cut their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Scotiabank lowered VICI Properties from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from $36.00 to $30.00 in a report on Friday, January 30th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Barclays cut their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Wednesday, December 3rd. Finally, Cantor Fitzgerald set a $33.00 price target on VICI Properties in a research report on Monday, January 5th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.69.

View Our Latest Analysis on VICI

VICI Properties Trading Down 0.1%

Shares of NYSE:VICI opened at $26.60 on Monday. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01. The company’s 50 day moving average is $28.82 and its two-hundred day moving average is $29.50. The company has a market cap of $28.43 billion, a PE ratio of 10.19, a P/E/G ratio of 3.05 and a beta of 0.67. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICIGet Free Report) last released its quarterly earnings data 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 firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.VICI Properties’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Equities analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Thursday, March 19th. VICI Properties’s payout ratio is 68.97%.

VICI Properties Company 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.

See Also

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

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