Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 17,667 Shares of VICI Properties Inc. $VICI

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of VICI Properties Inc. (NYSE:VICI) by 3.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 601,324 shares of the company’s stock after purchasing an additional 17,667 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.06% of VICI Properties worth $19,603,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VICI. Massachusetts Financial Services Co. MA increased its holdings in VICI Properties by 5.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,486,509 shares of the company’s stock valued at $211,460,000 after buying an additional 309,468 shares during the period. Davis Selected Advisers lifted its holdings in shares of VICI Properties by 18.3% during the 2nd quarter. Davis Selected Advisers now owns 169,740 shares of the company’s stock worth $5,534,000 after acquiring an additional 26,300 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of VICI Properties by 521.0% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 152,184 shares of the company’s stock valued at $4,960,000 after acquiring an additional 127,677 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its stake in VICI Properties by 5.0% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 161,277 shares of the company’s stock valued at $5,258,000 after acquiring an additional 7,608 shares during the period. Finally, Geode Capital Management LLC increased its stake in VICI Properties by 7.1% in the second quarter. Geode Capital Management LLC now owns 34,618,730 shares of the company’s stock valued at $1,144,400,000 after acquiring an additional 2,281,688 shares during the period. 97.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

VICI has been the subject of a number of analyst reports. Stifel Nicolaus cut their price target on shares of VICI Properties from $35.00 to $34.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Scotiabank boosted their price target on VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Citigroup reiterated a “market outperform” rating on shares of VICI Properties in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their price objective on VICI Properties from $37.00 to $38.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Finally, Wells Fargo & Company boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Twelve investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.69.

VICI Properties Stock Down 0.3%

Shares of NYSE:VICI opened at $30.37 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60. The stock has a market cap of $32.46 billion, a price-to-earnings ratio of 11.59, a P/E/G ratio of 3.02 and a beta of 0.72. The company has a 50 day moving average of $31.47 and a 200-day moving average of $32.18. VICI Properties Inc. has a one year low of $27.98 and a one year high of $34.03.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period last year, the firm earned $0.57 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. On average, sell-side analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were given a $0.45 dividend. The ex-dividend date was Thursday, September 18th. This represents a $1.80 annualized dividend and a dividend yield of 5.9%. This is an increase from VICI Properties’s previous quarterly dividend of $0.43. VICI Properties’s dividend payout ratio is 68.70%.

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.