Natixis Advisors LLC Increases Position in VICI Properties Inc. $VICI

by · The Cerbat Gem

Natixis Advisors LLC increased its stake in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 311,914 shares of the company’s stock after buying an additional 19,113 shares during the quarter. Natixis Advisors LLC’s holdings in VICI Properties were worth $8,771,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Aptus Capital Advisors LLC grew its holdings in shares of VICI Properties by 5.2% during the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock valued at $216,000 after buying an additional 329 shares during the last quarter. Arete Wealth Advisors LLC grew its holdings in shares of VICI Properties by 3.8% during the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock valued at $296,000 after buying an additional 334 shares during the last quarter. Choreo LLC grew its holdings in shares of VICI Properties by 1.8% during the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock valued at $664,000 after buying an additional 355 shares during the last quarter. Provident Investment Management Inc. boosted its holdings in VICI Properties by 1.5% in the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock valued at $840,000 after purchasing an additional 375 shares during the last quarter. Finally, Hurley Capital LLC boosted its holdings in VICI Properties by 5.9% in the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock valued at $226,000 after purchasing an additional 388 shares during the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on VICI. Robert W. Baird lowered their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Barclays upped their price target on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Scotiabank upped their price target on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.38.

Get Our Latest Stock Analysis on VICI

VICI Properties Stock Up 0.1%

VICI opened at $27.88 on Monday. VICI Properties Inc. has a twelve month low of $26.55 and a twelve month 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 has a 50-day moving average price of $28.16 and a 200 day moving average price of $28.44. The company has a market cap of $29.81 billion, a PE ratio of 9.55 and a beta of 0.65.

VICI Properties (NYSE:VICI – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm earned $0.58 EPS. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Sell-side analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio is 61.64%.

VICI Properties Profile

(Free Report)

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.

Further Reading

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