Ieq Capital LLC Makes New $1.17 Million Investment in VICI Properties Inc. $VICI

Ieq Capital LLC bought a new position in VICI Properties Inc. (NYSE:VICI) during the second quarter, HoldingsChannel.com reports. The fund bought 44,197 shares of the company’s stock, valued at approximately $1,173,000.

Several other institutional investors and hedge funds have also made changes to their positions in VICI. Gamco Investors INC. ET AL grew its holdings in shares of VICI Properties by 0.8% in the first quarter. Gamco Investors INC. ET AL now owns 47,615 shares of the company’s stock worth $1,301,000 after purchasing an additional 384 shares during the last quarter. Corrado Advisors LLC increased its stake in VICI Properties by 0.8% in the 1st quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock worth $1,374,000 after buying an additional 393 shares during the period. Beacon Investment Advisors LLC lifted its holdings in VICI Properties by 3.4% during the 4th quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock valued at $393,000 after buying an additional 455 shares in the last quarter. Rehmann Capital Advisory Group lifted its holdings in VICI Properties by 5.9% during the 4th quarter. Rehmann Capital Advisory Group now owns 8,686 shares of the company’s stock valued at $244,000 after buying an additional 483 shares in the last quarter. Finally, Physician Wealth Advisors Inc. lifted its holdings in VICI Properties by 54.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,369 shares of the company’s stock valued at $37,000 after buying an additional 483 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VICI has been the topic of a number of research analyst reports. Morgan Stanley dropped their target price on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Raymond James Financial set a $29.00 price target on shares of VICI Properties in a research note on Thursday, August 13th. Robert W. Baird set a $32.00 price target on VICI Properties in a report on Thursday, July 30th. Barclays dropped their price objective 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, Royal Bank Of Canada initiated coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective on the stock. Six investment 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 has an average rating of “Hold” and an average price target of $31.29.

VICI Properties Stock Down 0.9%

NYSE:VICI opened at $26.05 on Thursday. 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 1-year low of $25.81 and a 1-year high of $33.92. The company has a 50-day moving average of $26.51 and a 200 day moving average of $27.80. The firm has a market cap of $28.68 billion, a PE ratio of 10.10 and a beta of 0.65.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.09). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the business posted $0.60 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, research analysts anticipate that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.9%. VICI Properties’s dividend payout ratio (DPR) is currently 69.77%.

VICI Properties Company 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.