DAVENPORT & Co LLC Raises Position in VICI Properties Inc. $VICI

Key Points

• DAVENPORT & Co LLC boosted its position in VICI by 639.4% in Q4 to 93,363 shares (an additional 80,736 shares), with holdings valued at about $2.625 million.
• VICI declared a quarterly dividend of $0.45 (annualized $1.80) payable April 9 with an ex-dividend/record date of March 19, implying a ~6.8% yield and a payout ratio near 69%.
• VICI missed Q by $0.03 with EPS of $0.57, set FY2026 guidance of 2.420–2.450 EPS (analysts expect ~2.31), and carries a consensus rating of "Moderate Buy" with a $33.69 price target.

DAVENPORT & Co LLC grew its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 639.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,363 shares of the company's stock after acquiring an additional 80,736 shares during the period. DAVENPORT & Co LLC's holdings in VICI Properties were worth $2,625,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of VICI. State of Wyoming purchased a new position in VICI Properties in the second quarter valued at $26,000. Parvin Asset Management LLC acquired a new position in VICI Properties during the 2nd quarter worth $27,000. Headlands Technologies LLC purchased a new stake in VICI Properties during the 2nd quarter worth about $28,000. Godsey & Gibb Inc. purchased a new stake in VICI Properties during the 3rd quarter worth about $29,000. Finally, BOKF NA acquired a new stake in VICI Properties in the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 97.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on VICI shares. Robert W. Baird decreased their price objective on VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a research note on Monday, March 2nd. Evercore restated an "in-line" rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Monday, December 1st. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a report on Monday, January 5th. Barclays decreased their price target on shares of VICI Properties from $37.00 to $33.00 and set an "overweight" rating for the company in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of VICI Properties in a research report on Monday, December 29th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $33.69.

VICI Properties Trading Down 2.1%

NYSE:VICI opened at $26.60 on Friday. The stock has a 50-day simple moving average of $28.82 and a 200-day simple moving average of $29.52. The stock has a market cap of $28.43 billion, a P/E ratio of 10.19, a P/E/G ratio of 3.05 and a beta of 0.67. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17.

VICI Properties (NYSE:VICI - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.03). The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.VICI Properties's revenue was up 3.8% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, analysts anticipate that VICI Properties Inc. will post 2.31 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, April 9th. Shareholders of record on Thursday, March 19th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date is Thursday, March 19th. VICI Properties's dividend payout ratio is currently 68.97%.

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.

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