Jump Financial LLC Acquires New Shares in VICI Properties Inc. $VICI

Key Points

• Jump Financial LLC acquired a new stake in VICI Properties with 18,338 shares valued at approximately $598,000, reflecting ongoing interest from institutional investors.
• VICI Properties reported a net margin of 70.20% and earnings per share (EPS) of $0.60 for the quarter, matching analysts' expectations while also showing a revenue increase of 4.6% year-over-year.
• The company recently announced a quarterly dividend of $0.4325, translating to an annualized yield of 5.1%, with a payout ratio of 66.28%.

Jump Financial LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 18,338 shares of the company's stock, valued at approximately $598,000.

A number of other large investors have also made changes to their positions in VICI. Wayfinding Financial LLC bought a new stake in shares of VICI Properties in the 1st quarter valued at $29,000. CoreCap Advisors LLC boosted its stake in VICI Properties by 5,555.6% in the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares during the period. Quarry LP boosted its stake in VICI Properties by 404.1% in the 4th quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after purchasing an additional 897 shares during the period. AdvisorNet Financial Inc boosted its stake in VICI Properties by 362.2% in the 1st quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company's stock worth $33,000 after purchasing an additional 786 shares during the period. Finally, Avalon Trust Co acquired a new position in VICI Properties in the 1st quarter worth $35,000. Institutional investors own 97.71% of the company's stock.

VICI Properties Trading Up 1.1%

VICI Properties stock opened at $33.87 on Monday. The firm has a 50-day moving average of $33.04 and a 200-day moving average of $32.22. VICI Properties Inc. has a one year low of $27.98 and a one year high of $34.29. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market cap of $36.12 billion, a price-to-earnings ratio of 12.98, a P/E/G ratio of 3.37 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 EPS for the quarter, hitting analysts' consensus estimates of $0.60. VICI Properties had a net margin of 70.20% and a return on equity of 10.21%. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $991.59 million. During the same period in the prior year, the business posted $0.57 EPS. The company's quarterly revenue was up 4.6% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. On average, equities analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Wednesday, June 18th. VICI Properties's dividend payout ratio is presently 66.28%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VICI. Wells Fargo & Company upped their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. Citigroup reaffirmed a "market outperform" rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Scotiabank reaffirmed an "outperform" rating on shares of VICI Properties in a research note on Thursday. Stifel Nicolaus upped their target price on shares of VICI Properties from $34.75 to $35.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, JMP Securities set a $35.00 price objective on shares of VICI Properties in a research note on Tuesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $35.55.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

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