Osaic Holdings Inc. Has $12.30 Million Position in VICI Properties Inc. $VICI

Osaic Holdings Inc. raised its holdings in VICI Properties Inc. (NYSE:VICI) by 74.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 377,060 shares of the company’s stock after acquiring an additional 160,868 shares during the quarter. Osaic Holdings Inc.’s holdings in VICI Properties were worth $12,296,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its position in shares of VICI Properties by 85.3% in the second quarter. D.A. Davidson & CO. now owns 20,534 shares of the company’s stock worth $669,000 after buying an additional 9,451 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of VICI Properties by 5.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,381,529 shares of the company’s stock valued at $77,638,000 after acquiring an additional 122,796 shares in the last quarter. Prudential PLC raised its stake in shares of VICI Properties by 2,890.2% in the 2nd quarter. Prudential PLC now owns 498,555 shares of the company’s stock valued at $16,253,000 after acquiring an additional 481,882 shares in the last quarter. Invesco Ltd. lifted its holdings in VICI Properties by 7.0% in the 2nd quarter. Invesco Ltd. now owns 14,436,449 shares of the company’s stock worth $470,628,000 after purchasing an additional 944,860 shares during the last quarter. Finally, State of Michigan Retirement System boosted its position in VICI Properties by 5.9% during the second quarter. State of Michigan Retirement System now owns 302,800 shares of the company’s stock worth $9,871,000 after purchasing an additional 16,800 shares during the period. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Performance

NYSE VICI opened at $27.70 on Friday. The company’s fifty day moving average is $29.56 and its two-hundred day moving average is $31.64. VICI Properties Inc. has a 52-week low of $27.63 and a 52-week high of $34.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60. The firm has a market capitalization of $29.61 billion, a price-to-earnings ratio of 10.57, a P/E/G ratio of 2.80 and a beta of 0.70.

VICI Properties (NYSE:VICI) last released its earnings results on Thursday, October 30th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the company earned $0.57 earnings per share. The firm’s revenue was up 4.4% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. Equities research analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. VICI Properties’s payout ratio is currently 68.70%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of VICI Properties from $37.00 to $38.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. The Goldman Sachs Group dropped their target price on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Evercore ISI reissued an “in-line” rating and set a $32.00 target price (down previously from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Finally, Mizuho cut their price objective on VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $34.36.

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.