VICI Properties Inc. $VICI Shares Sold by Blake Schutter Theil Wealth Advisors LLC

Blake Schutter Theil Wealth Advisors LLC trimmed its stake in shares of VICI Properties Inc. (NYSE:VICI) by 33.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,864 shares of the company’s stock after selling 5,355 shares during the quarter. Blake Schutter Theil Wealth Advisors LLC’s holdings in VICI Properties were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VICI. Chesley Taft & Associates LLC grew its holdings in VICI Properties by 3.6% in the 2nd quarter. Chesley Taft & Associates LLC now owns 9,321 shares of the company’s stock worth $304,000 after buying an additional 324 shares in the last quarter. Wright Investors Service Inc. grew its holdings in VICI Properties by 0.4% in the 2nd quarter. Wright Investors Service Inc. now owns 74,517 shares of the company’s stock worth $2,429,000 after buying an additional 330 shares in the last quarter. Provident Investment Management Inc. grew its holdings in VICI Properties by 1.5% in the 1st quarter. Provident Investment Management Inc. now owns 23,785 shares of the company’s stock worth $776,000 after buying an additional 350 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in VICI Properties by 8.5% in the 1st quarter. Cullen Frost Bankers Inc. now owns 4,593 shares of the company’s stock worth $150,000 after buying an additional 359 shares in the last quarter. Finally, Leo Wealth LLC grew its holdings in VICI Properties by 5.7% in the 2nd quarter. Leo Wealth LLC now owns 7,271 shares of the company’s stock worth $237,000 after buying an additional 391 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VICI shares. Stifel Nicolaus increased their price objective on VICI Properties from $34.75 to $35.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Citigroup reaffirmed a “market outperform” rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Barclays increased their price target on VICI Properties from $36.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of VICI Properties in a research note on Friday. Finally, JMP Securities set a $35.00 price target on VICI Properties in a research note on Tuesday, July 22nd. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.08.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $31.24 on Friday. VICI Properties Inc. has a one year low of $27.98 and a one year high of $34.03. The stock has a fifty day moving average of $32.40 and a 200-day moving average of $32.35. The company has a market capitalization of $33.31 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 3.11 and a beta of 0.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 EPS for the quarter, meeting 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 during the quarter, compared to the consensus estimate of $991.59 million. During the same quarter in the prior year, the firm earned $0.57 EPS. The company’s quarterly 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. As a group, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Increases Dividend

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

VICI Properties Profile

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.