74,975 Shares in VICI Properties Inc. $VICI Acquired by Caxton Associates LLP

Key Points

• Caxton Associates LLP acquired 74,975 shares of VICI Properties Inc., valued at approximately $2.446 million, in the first quarter, highlighting institutional interest in the company.
• VICI Properties has recently increased its quarterly dividend to $0.45 per share, representing a 5.4% dividend yield, up from the previous $0.43, and indicating solid financial performance.
• Equity analysts have a bullish outlook on VICI Properties, with an average price target of $35.55, and ten analysts rating the stock as a Buy, reflecting confidence in its growth potential.

Caxton Associates LLP bought a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 74,975 shares of the company's stock, valued at approximately $2,446,000.

A number of other large investors have also recently added to or reduced their stakes in VICI. Captrust Financial Advisors boosted its holdings in VICI Properties by 16.5% during the fourth quarter. Captrust Financial Advisors now owns 40,627 shares of the company's stock worth $1,187,000 after buying an additional 5,766 shares in the last quarter. Cetera Investment Advisers boosted its stake in VICI Properties by 3.4% in the 4th quarter. Cetera Investment Advisers now owns 199,173 shares of the company's stock worth $5,818,000 after purchasing an additional 6,485 shares during the period. CoreCap Advisors LLC boosted its stake in VICI Properties by 5,555.6% in the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares during the period. Deutsche Bank AG boosted its stake in VICI Properties by 1.1% in the 4th quarter. Deutsche Bank AG now owns 2,714,998 shares of the company's stock worth $79,305,000 after purchasing an additional 29,702 shares during the period. Finally, Ethic Inc. boosted its stake in VICI Properties by 5.9% in the 4th quarter. Ethic Inc. now owns 49,373 shares of the company's stock worth $1,442,000 after purchasing an additional 2,729 shares during the period. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on VICI shares. JMP Securities set a $35.00 price objective on shares of VICI Properties in a research note on Tuesday, July 22nd. Citigroup reaffirmed a "market outperform" rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Morgan Stanley raised their price objective on shares of VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. Scotiabank raised their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a research note on Thursday, August 28th. Finally, Wells Fargo & Company increased their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $35.55.

VICI Properties Stock Down 0.9%

VICI stock opened at $33.28 on Tuesday. VICI Properties Inc. has a 12-month low of $27.98 and a 12-month high of $34.29. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.62. The company has a market cap of $35.49 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 3.36 and a beta of 0.70. The company has a 50 day moving average of $33.16 and a two-hundred day moving average of $32.34.

VICI Properties (NYSE:VICI - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.60. VICI Properties had a net margin of 70.20% and a return on equity of 10.21%. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $991.59 million. During the same quarter in the prior year, the firm earned $0.57 EPS. The company's revenue was up 4.6% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. On average, equities analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, September 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.4%. This is an increase from VICI Properties's previous quarterly dividend of $0.43. VICI Properties's payout ratio is 66.28%.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

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