Nomura Holdings Inc. Has $8.57 Million Position in VICI Properties Inc. $VICI

Key Points

• Nomura Holdings Inc. increased its stake in VICI Properties by 64.5% during the first quarter, owning a total of 262,597 shares worth approximately $8.57 million.
• VICI Properties recently reported earnings of $0.60 per share, meeting analysts' expectations, with revenues reaching $1 billion for the quarter.
• The company announced a quarterly dividend of $0.4325, translating to an annualized dividend yield of 5.1%, with a payout ratio of 66.28%.

Nomura Holdings Inc. lifted its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 64.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 262,597 shares of the company's stock after purchasing an additional 102,916 shares during the quarter. Nomura Holdings Inc.'s holdings in VICI Properties were worth $8,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its position in shares of VICI Properties by 205.0% in 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 purchasing an additional 11,458,239 shares in the last quarter. Northern Trust Corp lifted its position in shares of VICI Properties by 13.2% in the first quarter. Northern Trust Corp now owns 13,743,229 shares of the company's stock worth $448,304,000 after purchasing an additional 1,606,559 shares in the last quarter. Invesco Ltd. lifted its position in shares of VICI Properties by 0.6% in the first quarter. Invesco Ltd. now owns 13,491,589 shares of the company's stock worth $440,096,000 after purchasing an additional 77,544 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of VICI Properties by 1.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 12,345,173 shares of the company's stock worth $402,700,000 after purchasing an additional 135,836 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of VICI Properties in the first quarter worth approximately $320,179,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on VICI shares. Stifel Nicolaus increased their price target on shares of VICI Properties from $34.75 to $35.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Citigroup reaffirmed a "market outperform" rating on shares of VICI Properties in a research report on Tuesday, July 22nd. Morgan Stanley raised their price objective on shares of VICI Properties from $33.00 to $35.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 8th. JMP Securities set a $35.00 price objective on shares of VICI Properties in a research report on Tuesday, July 22nd. Finally, Wells Fargo & Company raised their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, VICI Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.55.

VICI Properties Stock Performance

Shares of NYSE:VICI traded up $0.10 during trading on Thursday, reaching $33.50. The stock had a trading volume of 7,528,345 shares, compared to its average volume of 6,931,316. VICI Properties Inc. has a 52 week low of $27.98 and a 52 week high of $34.29. The firm has a market capitalization of $35.72 billion, a price-to-earnings ratio of 12.83, a P/E/G ratio of 3.37 and a beta of 0.70. 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 stock has a fifty day simple moving average of $33.10 and a two-hundred day simple moving average of $32.26.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to analyst estimates of $991.59 million. VICI Properties had a net margin of 70.20% and a return on equity of 10.21%. The company's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 earnings per share. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. As a group, analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th will be paid a $0.45 dividend. This is an increase from VICI Properties's previous quarterly dividend of $0.43. This represents a $1.80 annualized dividend and a dividend yield of 5.4%. VICI Properties's dividend payout ratio (DPR) is presently 66.28%.

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.