Mutual of America Capital Management LLC Sells 17,114 Shares of VICI Properties Inc. $VICI

Mutual of America Capital Management LLC lessened its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 12.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,003 shares of the company's stock after selling 17,114 shares during the period. Mutual of America Capital Management LLC's holdings in VICI Properties were worth $3,945,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VICI. Price T Rowe Associates Inc. MD grew its holdings in shares of VICI Properties by 205.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company's stock worth $556,077,000 after buying an additional 11,458,239 shares in the last quarter. Nuveen LLC bought a new position in shares of VICI Properties during the first quarter worth about $320,179,000. Deutsche Bank AG grew its holdings in shares of VICI Properties by 172.4% during the first quarter. Deutsche Bank AG now owns 7,395,134 shares of the company's stock worth $241,229,000 after buying an additional 4,680,136 shares in the last quarter. American Century Companies Inc. grew its stake in shares of VICI Properties by 81.6% during the 1st quarter. American Century Companies Inc. now owns 8,252,528 shares of the company's stock worth $269,197,000 after acquiring an additional 3,707,396 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of VICI Properties during the 2nd quarter worth approximately $110,366,000. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

Shares of VICI opened at $31.28 on Thursday. The firm has a 50-day moving average of $32.45 and a 200-day moving average of $32.31. VICI Properties Inc. has a one year low of $27.98 and a one year high of $34.03. The company has a market cap 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. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.74 and a quick ratio of 1.74.

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

VICI Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, September 18th. This represents a $1.80 annualized dividend and a dividend yield of 5.8%. This is an increase 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 equities analysts have recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. Barclays raised their target price on shares of VICI Properties from $36.00 to $37.00 and gave the company an "overweight" rating in a research report on Monday. JMP Securities set a $35.00 price objective on VICI Properties in a report on Tuesday, July 22nd. Stifel Nicolaus raised their price objective on VICI Properties from $34.75 to $35.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, Mizuho raised their price target on VICI Properties from $34.00 to $35.00 and gave the company an "outperform" rating in a research note on Thursday, September 11th. Thirteen equities research analysts have rated the stock with a Buy rating and three have issued 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.

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.

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