Inceptionr LLC Purchases Shares of 33,733 VICI Properties Inc. $VICI

Inceptionr LLC purchased a new stake in VICI Properties Inc. (NYSE:VICI) during the first quarter, Holdings Channel reports. The fund purchased 33,733 shares of the company’s stock, valued at approximately $922,000.

Other large investors have also recently made changes to their positions in the company. Corrado Advisors LLC boosted its position in shares of VICI Properties by 0.8% during the 1st quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock worth $1,374,000 after purchasing an additional 393 shares during the period. Farther Finance Advisors LLC raised its position in VICI Properties by 2.9% in the fourth quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock valued at $431,000 after purchasing an additional 434 shares during the period. West Paces Advisors Inc. raised its position in VICI Properties by 2.4% in the fourth quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock valued at $513,000 after purchasing an additional 435 shares during the period. Brookstone Capital Management raised its position in VICI Properties by 6.6% in the fourth quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock valued at $202,000 after purchasing an additional 444 shares during the period. Finally, Beacon Investment Advisors LLC lifted its stake in VICI Properties by 3.4% during the fourth quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock worth $393,000 after purchasing an additional 455 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on VICI. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Scotiabank decreased their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Morgan Stanley lowered their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Finally, Wells Fargo & Company dropped their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $31.77.

VICI Properties Price Performance

VICI Properties stock opened at $26.75 on Friday. The firm has a market cap of $28.59 billion, a PE ratio of 9.16 and a beta of 0.65. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average is $27.27 and its two-hundred day moving average is $28.09.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations 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 quarter last year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, research analysts expect that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. 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.