Fidelity National Financial Inc. Invests $26.55 Million in VICI Properties Inc. $VICI

Key Points

• Fidelity National Financial purchased 1 million VICI Properties shares worth approximately $26.55 million, making VICI its fifth-largest portfolio holding and representing about 0.09% of VICI’s shares.
• VICI reported quarterly revenue of $1.06 billion, up 5.7% year over year, but earnings per share of $0.62 missed analysts’ $0.71 estimate. The company reaffirmed fiscal 2026 EPS guidance of $2.45–$2.47.
• VICI maintains a quarterly dividend of $0.45 per share, equivalent to $1.80 annually and a 6.9% yield. Analysts have a consensus “Hold” rating and an average price target of $31.29, compared with the stock’s reported $25.95 price.

Fidelity National Financial Inc. purchased a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,000,000 shares of the company's stock, valued at approximately $26,550,000. VICI Properties makes up about 0.8% of Fidelity National Financial Inc.'s portfolio, making the stock its 5th biggest position. Fidelity National Financial Inc. owned approximately 0.09% of VICI Properties as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. NewEdge Advisors LLC grew its stake in shares of VICI Properties by 204.4% in the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company's stock valued at $1,226,000 after buying an additional 25,234 shares in the last quarter. Woodline Partners LP raised its position in VICI Properties by 41.3% during the first quarter. Woodline Partners LP now owns 89,062 shares of the company's stock valued at $2,905,000 after acquiring an additional 26,017 shares in the last quarter. Jump Financial LLC lifted its stake in VICI Properties by 45.0% in the second quarter. Jump Financial LLC now owns 26,597 shares of the company's stock valued at $867,000 after acquiring an additional 8,259 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in VICI Properties by 96.0% in the second quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company's stock valued at $31,843,000 after acquiring an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in VICI Properties by 1.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company's stock worth $6,860,000 after acquiring an additional 2,775 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Trading Down 0.0%

Shares of VICI stock opened at $25.95 on Wednesday. The firm has a market capitalization of $28.58 billion, a P/E ratio of 10.06 and a beta of 0.65. VICI Properties Inc. has a 1 year low of $25.81 and a 1 year high of $33.92. The firm's fifty day simple moving average is $26.70 and its 200 day simple moving average is $27.87. 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 (NYSE:VICI - Get Free Report) last announced 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 firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.VICI Properties's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties's dividend payout ratio is currently 69.77%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on VICI. Royal Bank Of Canada assumed coverage on shares of VICI Properties in a report on Thursday, June 25th. They set a "sector perform" rating and a $29.00 price target on the stock. Morgan Stanley lowered their target price on shares of VICI Properties from $38.00 to $31.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 8th. Scotiabank cut their target price on VICI Properties from $32.00 to $29.00 and set a "sector perform" rating on the stock in a report on Thursday, June 18th. Robert W. Baird set a $32.00 price target on VICI Properties in a research note on Thursday, July 30th. Finally, Barclays lowered their price objective on VICI Properties from $34.00 to $31.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of "Hold" and a consensus target price of $31.29.

VICI Properties 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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