**Envestnet Portfolio Solutions Inc.**, **Janney Montgomery Scott LLC**, and **Principal Securities Inc.** increased their holdings in **VICI Properties Inc.** Likewise, the Independent Chair of the Board, **James Abrahamson**, acquired a further 6.4% in VICI Properties. The company, serving as a significant lender to Strip operators, proven to be a favorable investment option with several recommending it as a reasonable passive income play. Key financial entities such as **Scotiabank** and **Mizuho** raised their price targets for VICI. The company’s 2023 Q4 and 2024 Q1 earnings calls revealed its robust growth. The consistent boost in earnings has augmented its value, justifying investments. Its dividends returning substantial amounts to longstanding investors. In regulatory news, VICI Properties complied with Regulation FD Disclosure and confirmed $700m financing for **The Venetian Resort Las Vegas**. VICI has also made growth investments in **Canyon Ranch** and **Great Wolf Resorts, Inc**. A consensus from analysts grants VICI a “Moderate Buy” rating.
Vici Properties VICI News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sun, 19 May 2024 11:35:24 GMT -
Rating 8
- Innovation 0
- Information 7
- Rumor -6
