259,951 Shares in VICI Properties Inc. $VICI Acquired by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP acquired 259,951 shares of VICI Properties during the second quarter, valued at approximately $6.9 million. Institutional investors collectively own 97.71% of the company.
• VICI shares opened at $26.55, near the lower end of their 52-week range. The company reported quarterly revenue of $1.06 billion, up 5.7% year over year, but earnings per share of $0.62 fell short of the $0.71 consensus estimate.
• VICI declared a quarterly dividend of $0.45 per share, equivalent to an annualized $1.80 and a 6.8% yield. Analysts have a consensus “Hold” rating and an average price target of $31.29.

Quantbot Technologies LP acquired a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 259,951 shares of the company's stock, valued at approximately $6,902,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bayban bought a new stake in shares of VICI Properties in the fourth quarter valued at $25,000. Dynamic Wealth Strategies LLC bought a new position in shares of VICI Properties during the 1st quarter worth $25,000. State of Wyoming bought a new position in shares of VICI Properties during the 2nd quarter worth $26,000. Evolution Wealth Management Inc. purchased a new stake in VICI Properties in the 4th quarter worth about $28,000. Finally, Headlands Technologies LLC purchased a new stake in VICI Properties in the 2nd quarter worth about $28,000. 97.71% of the stock is owned by institutional investors.

VICI Properties Trading Down 0.1%

VICI Properties stock opened at $26.55 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $33.92. The stock has a market cap of $29.23 billion, a P/E ratio of 10.29 and a beta of 0.65. The firm's fifty day moving average price is $26.59 and its 200-day moving average price is $27.84.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the business posted $0.60 EPS. VICI Properties's quarterly revenue was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties's dividend payout ratio (DPR) is 69.77%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Barclays cut their target price on shares of VICI Properties from $34.00 to $31.00 and set an "overweight" rating for the company in a research report on Wednesday, July 22nd. Cantor Fitzgerald dropped their price target on shares of VICI Properties from $34.00 to $32.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Morgan Stanley cut their price objective on shares of VICI Properties from $38.00 to $31.00 and set an "equal weight" rating for the company in a report on Wednesday, July 8th. Scotiabank lowered their target price on shares of VICI Properties from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Thursday, June 18th. Finally, Royal Bank Of Canada began coverage on VICI Properties in a research report on Thursday, June 25th. They set a "sector perform" rating and a $29.00 target price on the stock. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, VICI Properties has a consensus rating of "Hold" and an average target price of $31.29.

About VICI Properties

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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