Synergy Asset Management LLC Has $3.85 Million Position in VICI Properties Inc. $VICI

Key Points

• Synergy Asset Management LLC increased its stake in VICI Properties by 91.6% in Q4, buying 65,385 shares to hold 136,767 shares worth approximately $3.85 million.
• VICI declared a quarterly dividend of $0.45 (annualized $1.80) with an ex-dividend/record date of March 19 and a yield of about 6.6% (payout ratio ~69%).
• VICI reported Q4 EPS of $0.57, missing estimates by $0.03 on $1.01B revenue, set FY2026 EPS guidance of 2.420–2.450, and carries a consensus analyst rating of “Moderate Buy” with a $33.69 target.

Synergy Asset Management LLC grew its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 91.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,767 shares of the company's stock after buying an additional 65,385 shares during the quarter. Synergy Asset Management LLC's holdings in VICI Properties were worth $3,846,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VICI. NewEdge Advisors LLC raised its holdings in VICI Properties by 204.4% during the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company's stock worth $1,226,000 after acquiring an additional 25,234 shares in the last quarter. Woodline Partners LP grew its stake in VICI Properties by 41.3% in the first quarter. Woodline Partners LP now owns 89,062 shares of the company's stock valued at $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Intech Investment Management LLC grew its stake in VICI Properties by 2.7% in the second quarter. Intech Investment Management LLC now owns 22,342 shares of the company's stock valued at $728,000 after purchasing an additional 583 shares in the last quarter. MAI Capital Management increased its position in shares of VICI Properties by 78.2% during the 2nd quarter. MAI Capital Management now owns 7,204 shares of the company's stock worth $235,000 after purchasing an additional 3,162 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new position in shares of VICI Properties during the 2nd quarter worth approximately $62,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Performance

VICI opened at $27.10 on Friday. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 12-month low of $26.75 and a 12-month high of $34.01. The business has a 50 day moving average of $28.87 and a 200-day moving average of $29.60. The stock has a market cap of $28.96 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 3.11 and a beta of 0.67.

VICI Properties (NYSE:VICI - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the firm posted $0.57 earnings per share. The firm's revenue was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, equities research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 annualized dividend and a dividend yield of 6.6%. VICI Properties's dividend payout ratio is presently 68.97%.

Analyst Ratings Changes

Several research firms have recently commented on VICI. Barclays cut their price objective on VICI Properties from $37.00 to $33.00 and set an "overweight" rating for the company in a report on Wednesday, December 3rd. Evercore restated an "in-line" rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Weiss Ratings reiterated a "hold (c)" rating on shares of VICI Properties in a research note on Monday, December 29th. Scotiabank downgraded shares of VICI Properties from a "sector outperform" rating to a "sector perform" rating and decreased their price objective for the company from $36.00 to $30.00 in a research report on Friday, January 30th. Finally, The Goldman Sachs Group decreased their price objective on shares of VICI Properties from $38.00 to $34.00 and set a "buy" rating for the company in a research report on Friday, November 28th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $33.69.

VICI Properties Company Profile

VICI Properties NYSE: VICI is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company's portfolio is concentrated in major U.S.

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