Ameritas Advisory Services LLC increased its position in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 5,354.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,054 shares of the company’s stock after purchasing an additional 20,668 shares during the period. Ameritas Advisory Services LLC’s holdings in VICI Properties were worth $592,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Citigroup Inc. grew its position in VICI Properties by 117.1% in the third quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after acquiring an additional 1,691,653 shares during the period. Allianz Asset Management GmbH grew its holdings in shares of VICI Properties by 11.7% during the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after purchasing an additional 2,937,039 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of VICI Properties by 24.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock worth $24,817,000 after purchasing an additional 173,013 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of VICI Properties by 17.9% during the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock worth $853,087,000 after purchasing an additional 3,968,349 shares during the last quarter. Finally, California Public Employees Retirement System grew its holdings in shares of VICI Properties by 43.8% during the third quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock worth $112,664,000 after purchasing an additional 1,052,393 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Barclays increased their target price on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Mizuho reissued a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Scotiabank increased their target price on VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.38.
VICI Properties Stock Down 0.0%
VICI stock opened at $27.88 on Friday. 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 50 day moving average price of $28.22 and a two-hundred day moving average price of $28.67. The company has a market cap of $29.80 billion, a price-to-earnings ratio of 9.55 and a beta of 0.67. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.
VICI Properties (NYSE:VICI – Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business’s revenue was up 3.5% compared to the same quarter last year. During the same period last year, the company earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.
VICI Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is currently 61.64%.
About VICI Properties
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.
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