Rep. Julie Johnson Sells Off Shares of VICI Properties Inc. (NYSE:VICI)

Representative Julie Johnson (D-Texas) recently sold shares of VICI Properties Inc. (NYSE:VICI). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in VICI Properties stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

VICI Properties Trading Up 1.6%

Shares of VICI stock opened at $31.59 on Friday. VICI Properties Inc. has a 1 year low of $27.53 and a 1 year high of $34.29. The firm’s fifty day simple moving average is $31.73 and its 200 day simple moving average is $31.06. The firm has a market capitalization of $33.38 billion, a P/E ratio of 12.34, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $984.20 million for the quarter, compared to analyst estimates of $976.51 million. During the same quarter in the previous year, the firm posted $0.56 earnings per share. VICI Properties’s revenue was up 3.4% compared to the same quarter last year. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date was Thursday, March 20th. VICI Properties’s dividend payout ratio is 69.20%.

Institutional Investors Weigh In On VICI Properties

Several institutional investors and hedge funds have recently made changes to their positions in VICI. Transce3nd LLC acquired a new stake in shares of VICI Properties in the 4th quarter valued at $28,000. Wayfinding Financial LLC acquired a new stake in shares of VICI Properties in the 1st quarter valued at $29,000. CoreCap Advisors LLC boosted its stake in shares of VICI Properties by 5,555.6% in the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company’s stock valued at $30,000 after purchasing an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock valued at $32,000 after purchasing an additional 431 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of VICI Properties in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VICI shares. Wells Fargo & Company boosted their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Monday, March 10th. Truist Financial boosted their price target on shares of VICI Properties from $35.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, April 23rd. Stifel Nicolaus boosted their price target on shares of VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a report on Thursday, May 1st. JMP Securities reissued a “market outperform” rating and issued a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Finally, Mizuho boosted their price target on shares of VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a report on Thursday, April 3rd. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.07.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.