Public Employees Retirement System of Ohio Boosts Stake in VICI Properties Inc. $VICI

Public Employees Retirement System of Ohio increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 92.0% during the first quarter, Holdings Channel.com reports. The fund owned 1,801,558 shares of the company’s stock after buying an additional 863,192 shares during the period. Public Employees Retirement System of Ohio’s holdings in VICI Properties were worth $49,219,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC increased its position in shares of VICI Properties by 204.4% in the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after buying an additional 25,234 shares in the last quarter. Woodline Partners LP lifted its position in shares of VICI Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock valued at $2,905,000 after buying an additional 26,017 shares in the last quarter. Jump Financial LLC grew its stake in VICI Properties by 45.0% in the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after acquiring an additional 8,259 shares during the period. Treasurer of the State of North Carolina grew its stake in VICI Properties by 96.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock valued at $31,843,000 after acquiring an additional 478,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in VICI Properties by 1.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after acquiring an additional 2,775 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VICI shares. Scotiabank reduced their price objective on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research note on Monday, May 4th. Wells Fargo & Company decreased their price target on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Royal Bank Of Canada started coverage on VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $31.77.

VICI Properties Trading Down 0.9%

Shares of VICI stock opened at $26.34 on Friday. VICI Properties Inc. has a fifty-two week low of $25.82 and a fifty-two week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The stock’s fifty day moving average is $27.29 and its two-hundred day moving average is $28.10. The firm has a market capitalization of $28.16 billion, a P/E ratio of 9.02 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is 61.64%.

VICI Properties Profile

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.