DekaBank Deutsche Girozentrale Has $21.08 Million Holdings in VICI Properties Inc. $VICI

DekaBank Deutsche Girozentrale cut its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 652,154 shares of the company's stock after selling 10,224 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.06% of VICI Properties worth $21,076,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wayfinding Financial LLC acquired a new stake in shares of VICI Properties during the 1st quarter worth approximately $29,000. Hoey Investments Inc. acquired a new stake in shares of VICI Properties during the 2nd quarter worth approximately $33,000. Avalon Trust Co acquired a new stake in shares of VICI Properties during the 1st quarter worth approximately $35,000. Investment Management Corp VA ADV grew its holdings in shares of VICI Properties by 171.3% during the 1st quarter. Investment Management Corp VA ADV now owns 1,123 shares of the company's stock worth $37,000 after purchasing an additional 709 shares in the last quarter. Finally, Kestra Investment Management LLC grew its holdings in shares of VICI Properties by 55.5% during the 1st quarter. Kestra Investment Management LLC now owns 1,776 shares of the company's stock worth $58,000 after purchasing an additional 634 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Price Performance

VICI Properties stock opened at $31.28 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market capitalization of $33.35 billion, a PE ratio of 11.98, a price-to-earnings-growth ratio of 3.11 and a beta of 0.72. VICI Properties Inc. has a one year low of $27.98 and a one year high of $34.03. The business has a 50 day simple moving average of $32.45 and a 200 day simple moving average of $32.31.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.60. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $991.59 million. During the same quarter in the previous year, the company posted $0.57 EPS. The business's revenue for the quarter 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, sell-side analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 18th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 5.8%. The ex-dividend date was Thursday, September 18th. This is a positive change from VICI Properties's previous quarterly dividend of $0.43. VICI Properties's dividend payout ratio is presently 68.97%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Scotiabank lifted their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. Mizuho lifted their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an "outperform" rating in a report on Thursday, September 11th. Weiss Ratings reissued a "buy (b-)" rating on shares of VICI Properties in a report on Wednesday, October 8th. Cantor Fitzgerald began coverage on VICI Properties in a research report on Wednesday, October 1st. They set an "overweight" rating and a $37.00 target price for the company. Finally, Morgan Stanley raised their target price on VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, VICI Properties presently has a consensus rating of "Moderate Buy" and a consensus target price of $36.08.

About VICI Properties

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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