Barrow Hanley Mewhinney & Strauss LLC Invests $234.63 Million in VICI Properties Inc. $VICI

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 8.84 million VICI Properties shares in the second quarter, valued at approximately $234.6 million and representing a 0.80% stake.
• VICI reported quarterly revenue of $1.06 billion, up 5.7% year over year, but adjusted earnings of $0.62 per share fell short of analysts’ $0.71 estimate. The company maintained 2026 EPS guidance of $2.45–$2.47.
• VICI pays a quarterly dividend of $0.45 per share, or $1.80 annually, yielding approximately 6.8%. Analysts have a consensus “Hold” rating and an average price target of $31.29.

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,837,350 shares of the company's stock, valued at approximately $234,632,000. Barrow Hanley Mewhinney & Strauss LLC owned 0.80% of VICI Properties as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. State of Wyoming purchased a new stake in VICI Properties during the second quarter worth $26,000. Headlands Technologies LLC purchased a new position in VICI Properties in the second quarter valued at $28,000. Bayban acquired a new position in shares of VICI Properties in the fourth quarter worth about $25,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of VICI Properties during the 1st quarter worth about $25,000. Finally, BOKF NA purchased a new stake in shares of VICI Properties during the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 97.71% of the company's stock.

VICI Properties Trading Up 0.2%

VICI stock opened at $26.55 on Monday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a 12-month low of $25.81 and a 12-month high of $33.92. The stock has a market cap of $29.23 billion, a price-to-earnings ratio of 10.29 and a beta of 0.65. The business's 50-day moving average is $26.59 and its 200 day moving average is $27.84.

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

VICI Properties Dividend Announcement

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

Analyst Ratings Changes

VICI has been the subject of several recent analyst reports. Morgan Stanley cut their price target on VICI Properties from $38.00 to $31.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 8th. Barclays lowered their price target on VICI Properties from $34.00 to $31.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 22nd. Raymond James Financial set a $29.00 price objective on VICI Properties in a report on Thursday, August 13th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of VICI Properties in a research note on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $31.29.

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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