Barclays PLC Raises Stake in VICI Properties Inc. $VICI

Key Points

• Barclays increased its stake in VICI Properties by 54.0% in Q3, buying 1,993,245 shares to own 5,686,520 shares (about 0.53% of the company) worth $185.44 million.
• VICI reported quarterly EPS of $0.57 (missing estimates by $0.03) with revenue of $1.01 billion in line with expectations, set FY2026 guidance of 2.420–2.450 EPS, and trades at a market cap of $31.67 billion with a consensus rating of "Moderate Buy" and a $33.69 target.

Barclays PLC increased its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 54.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,686,520 shares of the company's stock after purchasing an additional 1,993,245 shares during the quarter. Barclays PLC owned 0.53% of VICI Properties worth $185,437,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VICI. State of Wyoming purchased a new stake in VICI Properties during the 2nd quarter worth $26,000. Parvin Asset Management LLC purchased a new stake in shares of VICI Properties in the second quarter worth about $27,000. Hantz Financial Services Inc. boosted its position in shares of VICI Properties by 489.2% in the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company's stock worth $28,000 after buying an additional 724 shares during the period. Headlands Technologies LLC acquired a new stake in shares of VICI Properties in the second quarter valued at about $28,000. Finally, Godsey & Gibb Inc. purchased a new stake in shares of VICI Properties during the 3rd quarter valued at about $29,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Performance

Shares of NYSE VICI opened at $29.63 on Friday. The stock has a market capitalization of $31.67 billion, a P/E ratio of 11.35, a P/E/G ratio of 3.41 and a beta of 0.67. The firm's 50-day moving average price is $28.86 and its two-hundred day moving average price is $30.12. VICI Properties Inc. has a 52-week low of $27.48 and a 52-week high of $34.03. 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 (NYSE:VICI - Get Free Report) last announced its quarterly 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). The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 earnings per share. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, sell-side analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

Analysts Set New Price Targets

VICI has been the subject of several analyst reports. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research note on Monday, January 5th. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. The Goldman Sachs Group cut their price objective on shares of VICI Properties from $38.00 to $34.00 and set a "buy" rating on the stock in a report on Friday, November 28th. Barclays lowered their target price on VICI Properties from $37.00 to $33.00 and set an "overweight" rating for the company in a research note on Wednesday, December 3rd. Finally, Evercore reaffirmed an "in-line" rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, VICI Properties has a consensus rating of "Moderate Buy" and a consensus target price 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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