Strategic Global Advisors LLC Purchases Shares of 152,457 VICI Properties Inc. $VICI

Strategic Global Advisors LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 152,457 shares of the company’s stock, valued at approximately $4,287,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aptus Capital Advisors LLC boosted its holdings in VICI Properties by 5.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock worth $216,000 after acquiring an additional 329 shares during the last quarter. Arete Wealth Advisors LLC boosted its holdings in VICI Properties by 3.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock worth $296,000 after acquiring an additional 334 shares during the last quarter. Choreo LLC boosted its holdings in VICI Properties by 1.8% during the 3rd quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after acquiring an additional 355 shares during the last quarter. Provident Investment Management Inc. boosted its holdings in VICI Properties by 1.5% during the 3rd quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after acquiring an additional 375 shares during the last quarter. Finally, Hurley Capital LLC boosted its holdings in VICI Properties by 5.9% during the 3rd quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock worth $226,000 after acquiring an additional 388 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 0.1%

Shares of NYSE VICI opened at $28.50 on Monday. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The firm’s 50 day simple moving average is $28.26 and its two-hundred day simple moving average is $28.41. The stock has a market capitalization of $30.46 billion, a P/E ratio of 9.76 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the business earned $0.58 earnings per share. The business’s quarterly revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts expect that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VICI shares. Mizuho reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Robert W. Baird cut their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Scotiabank boosted their price target on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $33.38.

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.