Inceptionr LLC Makes New $922,000 Investment in VICI Properties Inc. $VICI

Inceptionr LLC purchased a new stake in VICI Properties Inc. (NYSE:VICI) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,733 shares of the company’s stock, valued at approximately $922,000.

A number of other large investors have also made changes to their positions in the stock. State of Wyoming purchased a new position in VICI Properties during the second quarter worth approximately $26,000. Headlands Technologies LLC acquired a new position in VICI Properties during the second quarter worth $28,000. Bayban purchased a new stake in VICI Properties in the 4th quarter valued at $25,000. Dynamic Wealth Strategies LLC purchased a new stake in VICI Properties in the 1st quarter valued at $25,000. Finally, BOKF NA purchased a new stake in VICI Properties in the 3rd quarter valued at $30,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays reduced their price target on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Scotiabank dropped their price objective 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. Wells Fargo & Company cut their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, VICI Properties presently has a consensus rating of “Hold” and an average price target of $31.77.

VICI Properties Trading Up 1.6%

Shares of VICI Properties stock opened at $26.75 on Friday. The firm has a market capitalization of $28.59 billion, a price-to-earnings ratio of 9.16 and a beta of 0.65. VICI Properties Inc. has a fifty-two week low of $25.82 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The stock has a 50 day moving average of $27.27 and a 200 day moving average of $28.09.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the firm earned $0.58 earnings per share. The firm’s quarterly revenue 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. As a group, research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 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.