32,116 Shares in VICI Properties Inc. $VICI Acquired by RB Capital Management LLC

RB Capital Management LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 32,116 shares of the company’s stock, valued at approximately $853,000.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of VICI Properties by 2.7% during the first quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock valued at $763,553,000 after acquiring an additional 734,068 shares in the last quarter. Wilsey Asset Management Inc. boosted its stake in VICI Properties by 6.4% during the 1st quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock valued at $30,092,000 after purchasing an additional 65,853 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its stake in VICI Properties by 24.9% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after purchasing an additional 1,406,897 shares during the last quarter. Gabelli Funds LLC increased its holdings in shares of VICI Properties by 19.4% in the 1st quarter. Gabelli Funds LLC now owns 262,124 shares of the company’s stock worth $7,161,000 after purchasing an additional 42,662 shares in the last quarter. Finally, PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of VICI Properties by 26.2% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 560,609 shares of the company’s stock worth $14,884,000 after purchasing an additional 116,546 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Up 0.5%

VICI stock opened at $25.90 on Friday. The company has a market cap of $28.52 billion, a price-to-earnings ratio of 10.04 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The business’s 50-day moving average is $26.49 and its two-hundred day moving average is $27.76. VICI Properties Inc. has a fifty-two week low of $25.75 and a fifty-two week high of $33.92.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the firm earned $0.60 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is 69.77%.

Wall Street Analyst Weigh In

VICI has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a report on Friday, July 31st. Morgan Stanley lowered their target price 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. Raymond James Financial set a $29.00 price target on shares of VICI Properties in a report on Thursday, August 13th. Robert W. Baird set a $32.00 price objective on shares of VICI Properties in a report on Thursday, July 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.29.

VICI Properties Company 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.