JSF Financial LLC Acquires New Stake in VICI Properties Inc. $VICI

Key Points

• JSF Financial LLC has acquired a new position in VICI Properties Inc., purchasing 35,547 shares valued at approximately $1,159,000 during Q2.
• VICI Properties recently declared a quarterly dividend of $0.45, increasing from the previous $0.43, reflecting a yield of 5.5%.
• Analysts have set a consensus price target of $36.00 for VICI Properties, with a majority rating it as a Moderate Buy.

JSF Financial LLC bought a new position in VICI Properties Inc. (NYSE:VICI - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,547 shares of the company's stock, valued at approximately $1,159,000.

A number of other institutional investors have also recently modified their holdings of VICI. Blackhawk Capital Partners LLC. boosted its stake in VICI Properties by 102.3% in the 1st quarter. Blackhawk Capital Partners LLC. now owns 19,707 shares of the company's stock worth $643,000 after purchasing an additional 9,967 shares in the last quarter. Prevail Innovative Wealth Advisors LLC purchased a new position in VICI Properties in the first quarter worth about $2,170,000. Columbus Macro LLC increased its position in shares of VICI Properties by 7.8% during the first quarter. Columbus Macro LLC now owns 123,983 shares of the company's stock valued at $4,044,000 after acquiring an additional 8,967 shares in the last quarter. Capital Investment Advisors LLC increased its position in shares of VICI Properties by 6.3% during the first quarter. Capital Investment Advisors LLC now owns 360,465 shares of the company's stock valued at $11,758,000 after acquiring an additional 21,398 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in shares of VICI Properties during the first quarter valued at approximately $324,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Stock Down 0.3%

VICI Properties stock opened at $32.65 on Friday. The stock has a market cap of $34.81 billion, a PE ratio of 12.51, a price-to-earnings-growth ratio of 3.25 and a beta of 0.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74. VICI Properties Inc. has a one year low of $27.98 and a one year high of $34.03. The stock has a fifty day moving average of $32.90 and a 200 day moving average of $32.37.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 EPS for the quarter, meeting analysts' consensus estimates of $0.60. The company had revenue of $1 billion during the quarter, compared to analysts' expectations of $991.59 million. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.VICI Properties's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 18th will be given a $0.45 dividend. The ex-dividend date is Thursday, September 18th. This is a boost from VICI Properties's previous quarterly dividend of $0.43. This represents a $1.80 annualized dividend and a yield of 5.5%. VICI Properties's payout ratio is 68.97%.

Wall Street Analyst Weigh In

Several analysts have commented on the company. JMP Securities set a $35.00 target price on VICI Properties in a research note on Tuesday, July 22nd. Evercore ISI upped their price target on VICI Properties from $37.00 to $38.00 and gave the company an "outperform" rating in a report on Monday, September 15th. Cantor Fitzgerald started coverage on VICI Properties in a report on Wednesday. They set an "overweight" rating and a $37.00 price target on the stock. Wells Fargo & Company boosted their target price on VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of VICI Properties in a research report on Saturday, September 27th. Thirteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $36.00.

VICI Properties 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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