National Pension Service Acquires 159,977 Shares of VICI Properties Inc. $VICI

National Pension Service raised its stake in VICI Properties Inc. (NYSE:VICI) by 4.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,392,494 shares of the company’s stock after acquiring an additional 159,977 shares during the period. National Pension Service’s holdings in VICI Properties were worth $90,071,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. State of Wyoming acquired a new stake in shares of VICI Properties during the second quarter worth $26,000. Headlands Technologies LLC acquired a new position in VICI Properties in the 2nd quarter worth $28,000. Bayban bought a new position in VICI Properties during the 4th quarter worth about $25,000. Dynamic Wealth Strategies LLC bought a new position in VICI Properties during the 1st quarter worth about $25,000. Finally, BOKF NA acquired a new stake in shares of VICI Properties in the 3rd quarter valued at about $30,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Scotiabank cut their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Raymond James Financial set a $29.00 price objective on VICI Properties in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research report on Friday, July 31st. Barclays cut their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Finally, Robert W. Baird set a $32.00 price target on VICI Properties in a research report on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, VICI Properties currently has an average rating of “Hold” and a consensus target price of $30.46.

VICI Properties Trading Up 0.4%

Shares of NYSE:VICI opened at $24.83 on Friday. The company’s 50-day moving average price is $26.21 and its two-hundred day moving average price is $27.47. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. VICI Properties Inc. has a one year low of $24.66 and a one year high of $33.31. The stock has a market capitalization of $27.34 billion, a PE ratio of 9.62 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.09). The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. VICI Properties’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 7.4%. This is a boost from VICI Properties’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, September 17th. VICI Properties’s payout ratio is currently 69.77%.

VICI Properties Company Profile

VICI Properties, Inc (NYSE: VICI) is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI’s portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.