VICI Properties Inc. $VICI Stock Position Raised by Prudential PLC

Prudential PLC boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 44.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 717,943 shares of the company’s stock after acquiring an additional 219,388 shares during the period. Prudential PLC’s holdings in VICI Properties were worth $23,412,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Aptus Capital Advisors LLC grew its holdings in shares of VICI Properties by 5.2% during the third 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 last quarter. Arete Wealth Advisors LLC raised its position in shares of VICI Properties by 3.8% during the 3rd 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 lifted its holdings in shares of VICI Properties by 3.3% in the 3rd 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 last quarter. Heritage Wealth Advisors boosted its position in VICI Properties by 18.9% during the 2nd quarter. Heritage Wealth Advisors now owns 2,200 shares of the company’s stock valued at $72,000 after purchasing an additional 350 shares during the period. Finally, Bell Investment Advisors Inc boosted its position in VICI Properties by 32.7% during the 2nd quarter. Bell Investment Advisors Inc now owns 1,424 shares of the company’s stock valued at $46,000 after purchasing an additional 351 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VICI has been the topic of several analyst reports. Robert W. Baird dropped their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. 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. Mizuho restated a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $33.69.

VICI Properties Price Performance

Shares of NYSE VICI opened at $28.43 on Friday. The stock has a market cap of $30.40 billion, a P/E ratio of 10.89, a P/E/G ratio of 3.29 and a beta of 0.67. The firm’s 50-day simple moving average is $28.92 and its 200 day simple moving average is $29.97. VICI Properties Inc. has a fifty-two week low of $27.48 and a fifty-two week high of $34.01. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59.

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

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be issued a $0.45 dividend. The ex-dividend date is Thursday, March 19th. This represents a $1.80 annualized dividend and a dividend yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is 68.97%.

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.