West Family Investments Inc. Purchases New Shares in VICI Properties Inc. $VICI

West Family Investments Inc. acquired a new position in VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 21,531 shares of the company’s stock, valued at approximately $572,000.

Several other hedge funds also recently made changes to their positions in VICI. NewEdge Advisors LLC grew its position in VICI Properties by 204.4% during the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock worth $1,226,000 after buying an additional 25,234 shares in the last quarter. Woodline Partners LP raised its stake in VICI Properties by 41.3% in the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock valued at $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Jump Financial LLC grew its stake in VICI Properties by 45.0% during the second quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock worth $867,000 after buying an additional 8,259 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings 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 buying an additional 478,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of VICI Properties by 1.3% during 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 during the period. 97.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on VICI shares. Raymond James Financial set a $29.00 target price on VICI Properties in a report on Thursday, August 13th. Cantor Fitzgerald reduced their price target on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a research report on Friday, July 31st. Finally, Wells Fargo & Company reduced their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Hold” and a consensus target price of $31.29.

VICI Properties Stock Performance

NYSE:VICI opened at $26.39 on Thursday. The company has a fifty day moving average of $26.66 and a 200-day moving average of $27.86. The firm has a market capitalization of $29.05 billion, a P/E 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. VICI Properties Inc. has a twelve month low of $25.81 and a twelve month high of $33.92.

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

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid a $0.45 dividend. 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 (DPR) is currently 69.77%.

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.