19,451 Shares in VICI Properties Inc. $VICI Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 19,451 shares of the company’s stock, valued at approximately $516,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. Bayban bought a new position in shares of VICI Properties in the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC bought a new stake in VICI Properties during the first quarter worth $25,000. State of Wyoming purchased a new stake in VICI Properties in the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. purchased a new stake in VICI Properties in the 4th quarter valued at $28,000. Finally, Headlands Technologies LLC bought a new position in VICI Properties during the 2nd quarter valued at $28,000. 97.71% of the stock is owned by institutional investors.

VICI Properties Price Performance

VICI opened at $26.39 on Thursday. The company has a market capitalization of $29.05 billion, a price-to-earnings ratio of 10.23 and a beta of 0.65. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The firm has a 50-day moving average price of $26.66 and a 200-day moving average price of $27.86. VICI Properties Inc. has a twelve month low of $25.81 and a twelve month high of $33.92.

VICI Properties (NYSE:VICI) last announced its quarterly 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). The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.8%. VICI Properties’s dividend payout ratio is currently 69.77%.

Analysts Set New Price Targets

VICI has been the subject of several recent analyst reports. Raymond James Financial set a $29.00 target price on shares of VICI Properties in a research note on Thursday, August 13th. Scotiabank dropped their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research note on Friday, July 31st. Cantor Fitzgerald dropped their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Finally, Barclays decreased their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, VICI Properties has an average rating of “Hold” and an average target price of $31.29.

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.