WealthTrust Axiom LLC Takes $907,000 Position in VICI Properties Inc. $VICI

WealthTrust Axiom LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 32,250 shares of the company’s stock, valued at approximately $907,000.

Other hedge funds also recently modified their holdings of the company. State of Wyoming acquired a new position in shares of VICI Properties during the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. acquired a new position in shares of VICI Properties during the 4th quarter valued at $28,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties during the 2nd quarter valued at $28,000. BOKF NA acquired a new position in shares of VICI Properties during the 3rd quarter valued at $30,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in shares of VICI Properties during the 4th quarter valued at $33,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VICI has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Scotiabank lifted their price target on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 12th. Barclays lifted their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Finally, Robert W. Baird reduced their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Stock Performance

VICI opened at $28.50 on Monday. The firm has a market cap of $30.46 billion, a PE ratio of 9.76 and a beta of 0.65. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $28.26 and a 200-day simple moving average of $28.41. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01.

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

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.

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.