VICI Properties Inc. $VICI Stock Holdings Boosted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 17.5% in the 4th quarter, Holdings Channel reports. The fund owned 716,974 shares of the company’s stock after buying an additional 106,563 shares during the period. Illinois Municipal Retirement Fund’s holdings in VICI Properties were worth $20,161,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. State of Wyoming bought a new position in shares of VICI Properties during the second quarter worth about $26,000. Evolution Wealth Management Inc. bought a new position in shares of VICI Properties during the fourth quarter worth about $28,000. Headlands Technologies LLC acquired a new stake in VICI Properties in the second quarter worth about $28,000. BOKF NA acquired a new stake in VICI Properties in the third quarter worth about $30,000. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in VICI Properties in the fourth quarter worth about $33,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

VICI stock opened at $28.47 on Thursday. The company has a market capitalization of $30.43 billion, a P/E ratio of 9.75 and a beta of 0.65. The company has a 50-day simple moving average of $28.22 and a 200 day simple moving average of $28.42. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the business earned $0.58 earnings per share. VICI Properties’s revenue for the quarter was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a $0.45 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.3%. VICI Properties’s payout ratio is 61.64%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on VICI shares. Scotiabank upped their price objective on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Robert W. Baird reduced their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $33.38.

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.