Ethos Financial Group LLC Makes New $711,000 Investment in VICI Properties Inc. $VICI

Key Points

• Ethos Financial Group LLC has acquired a new stake in VICI Properties Inc. with the purchase of 21,801 shares valued at approximately $711,000 in the first quarter.
• VICI Properties reported a quarterly earnings per share (EPS) of $0.60, meeting analysts' expectations, and had a year-over-year revenue increase of 4.6% during this period.
• The company announced a quarterly dividend of $0.4325 per share, translating to an annualized dividend yield of 5.3%.

Ethos Financial Group LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 21,801 shares of the company's stock, valued at approximately $711,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Transce3nd LLC acquired a new position in shares of VICI Properties during the 4th quarter worth approximately $28,000. Wayfinding Financial LLC bought a new position in shares of VICI Properties in the first quarter valued at $29,000. CoreCap Advisors LLC grew its stake in shares of VICI Properties by 5,555.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after buying an additional 1,000 shares in the last quarter. Quarry LP increased its holdings in VICI Properties by 404.1% during the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after buying an additional 897 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its position in VICI Properties by 362.2% during the first quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company's stock worth $33,000 after acquiring an additional 786 shares in the last quarter. Institutional investors own 97.71% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Citigroup reissued a "market outperform" rating on shares of VICI Properties in a research report on Tuesday, July 22nd. Robert W. Baird boosted their target price on VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Morgan Stanley increased their price target on VICI Properties from $33.00 to $35.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 8th. Truist Financial upped their price objective on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Finally, JMP Securities set a $35.00 target price on shares of VICI Properties in a research note on Tuesday, July 22nd. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $35.40.

VICI Properties Price Performance

Shares of NYSE:VICI traded up $0.0550 during midday trading on Thursday, hitting $33.0250. The stock had a trading volume of 9,296,804 shares, compared to its average volume of 6,840,167. The company's 50-day moving average price is $32.87 and its 200-day moving average price is $32.02. VICI Properties Inc. has a fifty-two week low of $27.98 and a fifty-two week 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 capitalization of $35.22 billion, a P/E ratio of 12.65, a price-to-earnings-growth ratio of 3.25 and a beta of 0.68.

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, meeting analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $991.59 million. During the same quarter in the previous year, the business posted $0.57 earnings per share. The business's revenue for the quarter was up 4.6% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. As a group, equities research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th were paid a $0.4325 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.2%. VICI Properties's payout ratio is currently 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.