BROOKFIELD Corp ON Makes New $6.32 Million Investment in VICI Properties Inc. $VICI

BROOKFIELD Corp ON purchased a new position in shares of VICI Properties Inc. (NYSE:VICI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 231,150 shares of the company’s stock, valued at approximately $6,315,000.

Several other institutional investors have also recently added to or reduced their stakes in VICI. Bayban acquired a new position in shares of VICI Properties during the 4th quarter valued at about $25,000. Dynamic Wealth Strategies LLC purchased a new stake in VICI Properties during the first quarter worth approximately $25,000. State of Wyoming acquired a new stake in VICI Properties in the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. purchased a new stake in shares of VICI Properties during the 4th quarter valued at about $28,000. Finally, Headlands Technologies LLC acquired a new stake in VICI Properties in the second quarter valued at approximately $28,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Trading Up 0.1%

Shares of VICI stock opened at $26.75 on Monday. VICI Properties Inc. has a 1 year low of $25.82 and a 1 year high of $34.01. The firm has a market capitalization of $28.59 billion, a PE ratio of 9.16 and a beta of 0.65. The stock has a fifty day moving average of $27.27 and a two-hundred day moving average of $28.09. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62.

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

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is 61.64%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VICI. Morgan Stanley dropped their price target on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Barclays lowered their price target on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Royal Bank Of Canada initiated coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective for the company. Finally, Scotiabank reduced their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $31.77.

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.