Liberty One Investment Management LLC Has $655,000 Stock Holdings in VICI Properties Inc. $VICI

Liberty One Investment Management LLC cut its holdings in VICI Properties Inc. (NYSE:VICI) by 6.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 20,086 shares of the company’s stock after selling 1,314 shares during the quarter. Liberty One Investment Management LLC’s holdings in VICI Properties were worth $655,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Blackhawk Capital Partners LLC. boosted its position in VICI Properties by 102.3% during the 1st quarter. Blackhawk Capital Partners LLC. now owns 19,707 shares of the company’s stock worth $643,000 after acquiring an additional 9,967 shares during the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new position in VICI Properties during the 1st quarter worth approximately $2,170,000. DAVENPORT & Co LLC boosted its position in VICI Properties by 3.9% during the 1st quarter. DAVENPORT & Co LLC now owns 10,646 shares of the company’s stock worth $347,000 after acquiring an additional 403 shares during the last quarter. Adams Diversified Equity Fund Inc. acquired a new position in VICI Properties during the 1st quarter worth approximately $11,032,000. Finally, Concurrent Investment Advisors LLC boosted its position in VICI Properties by 49.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 62,760 shares of the company’s stock worth $2,047,000 after acquiring an additional 20,855 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Up 1.1%

Shares of VICI Properties stock opened at $31.20 on Tuesday. VICI Properties Inc. has a 12-month low of $27.98 and a 12-month high of $34.03. The stock has a market cap of $33.27 billion, a P/E ratio of 11.95, a P/E/G ratio of 3.07 and a beta of 0.72. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.62. The business’s 50 day moving average is $32.52 and its 200-day moving average is $32.32.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.60. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The company had revenue of $1 billion for the quarter, compared to analysts’ expectations of $991.59 million. During the same quarter in the prior year, the business posted $0.57 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 18th were paid a $0.45 dividend. This is a boost from VICI Properties’s previous quarterly dividend of $0.43. The ex-dividend date was Thursday, September 18th. This represents a $1.80 dividend on an annualized basis and a yield of 5.8%. VICI Properties’s dividend payout ratio (DPR) is currently 68.97%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VICI shares. Citigroup reaffirmed a “market outperform” rating on shares of VICI Properties in a research report on Tuesday, July 22nd. JMP Securities set a $35.00 price target on VICI Properties in a research report on Tuesday, July 22nd. Morgan Stanley upped their price target on VICI Properties from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. Cantor Fitzgerald assumed coverage on VICI Properties in a research report on Wednesday, October 1st. They set an “overweight” rating and a $37.00 price target for the company. Finally, Wells Fargo & Company upped their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.08.

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.