Ashton Thomas Private Wealth LLC Decreases Holdings in VICI Properties Inc. $VICI

Key Points

• Ashton Thomas Private Wealth LLC cut its stake in VICI Properties by 54.2% in Q4, selling 71,428 shares and leaving the firm with 60,370 shares valued at $1.727 million.
• VICI pays a quarterly dividend of $0.45 (annualized $1.80) for a 6.3% yield2.420–2.450 EPS, roughly in line with analyst forecasts.
• Institutional investors own 97.71% of VICI, led by Vanguard's 158.46 million-share stake, and analysts rate the stock a consensus "Moderate Buy" with an average price target of $33.42.

Ashton Thomas Private Wealth LLC reduced its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 54.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,370 shares of the company's stock after selling 71,428 shares during the quarter. Ashton Thomas Private Wealth LLC's holdings in VICI Properties were worth $1,727,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in VICI Properties by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company's stock worth $4,455,820,000 after purchasing an additional 1,705,855 shares during the last quarter. State Street Corp lifted its stake in VICI Properties by 4.8% in the third quarter. State Street Corp now owns 62,538,927 shares of the company's stock worth $2,065,862,000 after purchasing an additional 2,844,265 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in VICI Properties by 11.7% in the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company's stock worth $912,644,000 after purchasing an additional 2,937,039 shares during the last quarter. Bank of America Corp DE lifted its stake in VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company's stock worth $853,087,000 after purchasing an additional 3,968,349 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in VICI Properties by 7.3% in the third quarter. JPMorgan Chase & Co. now owns 23,409,381 shares of the company's stock worth $763,380,000 after purchasing an additional 1,598,238 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a research note on Monday, January 5th. Weiss Ratings reissued a "hold (c)" rating on shares of VICI Properties in a research note on Friday, March 27th. Barclays raised their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 21st. Robert W. Baird decreased their price objective on shares of VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a research note on Monday, March 2nd. Finally, Scotiabank downgraded shares of VICI Properties from a "sector outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $36.00 to $30.00 in a research note on Friday, January 30th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $33.42.

VICI Properties Trading Up 0.7%

VICI opened at $28.63 on Wednesday. The stock's fifty day moving average is $28.56 and its two-hundred day moving average is $28.86. The company has a market capitalization of $30.60 billion, a P/E ratio of 10.97, a PEG ratio of 3.26 and a beta of 0.70. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Analysts forecast that VICI Properties Inc. will post 2.45 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.3%. The ex-dividend date was Thursday, March 19th. VICI Properties's dividend payout ratio (DPR) is presently 68.97%.

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.

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