Groupama Asset Managment Makes New Investment in VICI Properties Inc. $VICI

Key Points

• Groupama Asset Management bought a new position of 41,226 shares of VICI Properties in Q3 worth approximately $1.344 million, and institutional investors now own about 97.71% of the stock.
• VICI declared a quarterly dividend of $0.45 (annualized $1.80), implying a ~6.7% yield; the ex-dividend date is March 19 and the payment date is April 9.
• Analysts have trimmed price targets (Goldman Sachs and Baird cut to ~$34, Scotiabank to $30) but the consensus rating is a “Moderate Buy” with an average target of $33.69; VICI missed the most recent quarter's EPS by $0.03 (reported $0.57) and set FY2026 guidance of 2.420–2.450 EPS.

Groupama Asset Managment bought a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 41,226 shares of the company's stock, valued at approximately $1,344,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Wyoming bought a new position in VICI Properties during the 2nd quarter worth $26,000. Parvin Asset Management LLC acquired a new position in VICI Properties in the 2nd quarter valued at $27,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties during the 2nd quarter valued at $28,000. Godsey & Gibb Inc. acquired a new stake in shares of VICI Properties during the 3rd quarter worth $29,000. Finally, BOKF NA acquired a new stake in shares of VICI Properties during the 3rd quarter worth $30,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VICI has been the subject of a number of analyst reports. Robert W. Baird dropped their price target on VICI Properties from $36.00 to $34.00 and set an "outperform" rating for the company in a research note on Monday, March 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of VICI Properties in a report on Monday, December 29th. The Goldman Sachs Group dropped their target price on shares of VICI Properties from $38.00 to $34.00 and set a "buy" rating for the company in a research report on Friday, November 28th. Cantor Fitzgerald set a $33.00 price target on shares of VICI Properties in a report on Monday, January 5th. Finally, Scotiabank lowered shares of VICI Properties from a "sector outperform" rating to a "sector perform" rating and reduced their price target for the stock from $36.00 to $30.00 in a research report on Friday, January 30th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $33.69.

VICI Properties Stock Performance

VICI Properties stock opened at $26.86 on Friday. The business has a 50 day moving average of $28.94 and a 200-day moving average of $29.77. The company has a market capitalization of $28.71 billion, a P/E ratio of 10.29, a P/E/G ratio of 3.21 and a beta of 0.67. VICI Properties Inc. has a 1 year low of $26.75 and a 1 year high of $34.01. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17.

VICI Properties (NYSE:VICI - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. The firm's quarterly revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. On average, equities research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Thursday, March 19th. VICI Properties's dividend payout ratio is presently 68.97%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.