Wilsey Asset Management Inc. Boosts Holdings in VICI Properties Inc. $VICI

Wilsey Asset Management Inc. lifted its holdings in VICI Properties Inc. (NYSE:VICI) by 6.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,101,451 shares of the company’s stock after purchasing an additional 65,853 shares during the period. VICI Properties makes up 4.7% of Wilsey Asset Management Inc.’s holdings, making the stock its 15th biggest holding. Wilsey Asset Management Inc.’s holdings in VICI Properties were worth $30,092,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Berger Financial Group Inc boosted its position in VICI Properties by 17.7% in the 1st quarter. Berger Financial Group Inc now owns 222,002 shares of the company’s stock valued at $6,065,000 after buying an additional 33,331 shares during the period. QRG Capital Management Inc. increased its position in shares of VICI Properties by 32.7% during the first quarter. QRG Capital Management Inc. now owns 420,646 shares of the company’s stock worth $11,492,000 after acquiring an additional 103,537 shares during the period. Oxbow Advisors LLC increased its position in shares of VICI Properties by 7.1% during the first quarter. Oxbow Advisors LLC now owns 253,979 shares of the company’s stock worth $6,939,000 after acquiring an additional 16,748 shares during the period. HB Wealth Management LLC raised its stake in shares of VICI Properties by 132.0% in the first quarter. HB Wealth Management LLC now owns 23,085 shares of the company’s stock valued at $631,000 after acquiring an additional 13,134 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in shares of VICI Properties in the first quarter valued at $243,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on VICI. Barclays increased their price target on VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada assumed coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective for the company. Mizuho restated a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Finally, Scotiabank lowered their price target on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $32.86.

VICI Properties Stock Performance

Shares of VICI Properties stock opened at $27.19 on Monday. 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 company has a fifty day simple moving average of $27.88 and a 200-day simple moving average of $28.26. The stock has a market cap of $29.07 billion, a price-to-earnings ratio of 9.31 and a beta of 0.65. VICI Properties Inc. has a 12-month low of $26.08 and a 12-month high of $34.01.

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

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.6%. VICI Properties’s payout ratio is 61.64%.

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.