Van ECK Associates Corp Has $20.88 Million Stake in VICI Properties Inc. $VICI

Van ECK Associates Corp grew its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 8.5% in the third quarter, HoldingsChannel.com reports. The fund owned 640,286 shares of the company’s stock after acquiring an additional 50,424 shares during the quarter. Van ECK Associates Corp’s holdings in VICI Properties were worth $20,880,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC lifted its stake in shares of VICI Properties by 5.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after purchasing an additional 329 shares during the period. Arete Wealth Advisors LLC grew its stake in VICI Properties by 3.8% during the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock worth $296,000 after purchasing an additional 334 shares during the period. Dynamic Advisor Solutions LLC grew its stake in VICI Properties by 3.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 10,404 shares of the company’s stock worth $339,000 after purchasing an additional 337 shares during the period. Heritage Wealth Advisors increased its holdings in VICI Properties by 18.9% in the second quarter. Heritage Wealth Advisors now owns 2,200 shares of the company’s stock worth $72,000 after purchasing an additional 350 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its holdings in VICI Properties by 32.7% in the second quarter. Bell Investment Advisors Inc now owns 1,424 shares of the company’s stock worth $46,000 after purchasing an additional 351 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Up 0.8%

NYSE VICI traded up $0.23 during trading hours on Friday, hitting $28.91. The company’s stock had a trading volume of 925,309 shares, compared to its average volume of 10,131,729. The company has a market capitalization of $30.90 billion, a PE ratio of 11.08, a price-to-earnings-growth ratio of 3.26 and a beta of 0.67. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52 week low of $27.48 and a 52 week high of $34.01. The company’s 50-day simple moving average is $28.91 and its two-hundred day simple moving average is $30.00.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.2%. VICI Properties’s dividend payout ratio is 68.97%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Scotiabank cut VICI Properties from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research note on Monday, January 5th. Barclays reduced their price target on shares of VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Finally, Robert W. Baird decreased their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $33.69.

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.