CenterBook Partners LP Invests $2.64 Million in VICI Properties Inc. $VICI

CenterBook Partners LP acquired a new stake in VICI Properties Inc. (NYSE:VICI) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 93,706 shares of the company’s stock, valued at approximately $2,635,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VICI. Aptus Capital Advisors LLC raised its stake in shares of VICI Properties by 5.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after acquiring an additional 329 shares during the period. Arete Wealth Advisors LLC raised its position in VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after purchasing an additional 334 shares during the period. Choreo LLC raised its position in VICI Properties by 1.8% in the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock valued at $664,000 after purchasing an additional 355 shares during the period. Provident Investment Management Inc. lifted its stake in shares of VICI Properties by 1.5% during the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after purchasing an additional 375 shares in the last quarter. Finally, Hurley Capital LLC boosted its position in shares of VICI Properties by 5.9% in the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock worth $226,000 after buying an additional 388 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Up 2.1%

VICI stock opened at $27.99 on Wednesday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The firm has a 50 day simple moving average of $28.20 and a 200-day simple moving average of $28.42. The company has a market capitalization of $29.92 billion, a P/E ratio of 9.58 and a beta of 0.65. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, equities research analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s payout ratio is currently 61.64%.

Analysts Set New Price Targets

Several research firms recently commented on VICI. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research report on Monday, May 4th. Scotiabank upped their target price on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Mizuho reaffirmed a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Barclays lifted their price target on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research report on Friday, March 27th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.

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.