Squarepoint Ops LLC Has $48.16 Million Position in VICI Properties Inc. $VICI

Key Points

• Squarepoint Ops LLC reduced its VICI Properties stake by 37.8% in the second quarter, selling 1.10 million shares. It still held 1.81 million shares valued at approximately $48.16 million, while institutional investors collectively owned 97.71% of the stock.
• Analyst sentiment is mixed, with six Buy ratings and seven Holds; VICI has a consensus rating of Hold and an average price target of $31.00. Shares opened at $25.27, near their 12-month low of $25.23.
• VICI reported quarterly EPS of $0.62, below the $0.71 estimate, despite revenue of $1.06 billion exceeding expectations. The company raised its quarterly dividend to $0.46, representing a $1.84 annualized payout and a 7.3% yield.

Squarepoint Ops LLC cut its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 37.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,814,130 shares of the company's stock after selling 1,102,775 shares during the period. Squarepoint Ops LLC owned 0.16% of VICI Properties worth $48,165,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. State of Wyoming acquired a new stake in VICI Properties in the 2nd quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new position in shares of VICI Properties during the second quarter worth approximately $28,000. Bayban acquired a new position in shares of VICI Properties during the fourth quarter worth approximately $25,000. Dynamic Wealth Strategies LLC acquired a new position in shares of VICI Properties during the first quarter worth approximately $25,000. Finally, BOKF NA bought a new stake in shares of VICI Properties in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 97.71% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VICI. Raymond James Financial set a $29.00 price objective on shares of VICI Properties in a research note on Thursday, August 13th. Scotiabank cut their target price on shares of VICI Properties from $32.00 to $29.00 and set a "sector perform" rating for the company in a research note on Thursday, June 18th. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of VICI Properties in a research report on Friday, July 31st. Finally, Wells Fargo & Company dropped their price objective on shares of VICI Properties from $27.00 to $26.00 and set an "equal weight" rating on the stock in a report on Tuesday, September 1st. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $31.00.

VICI Properties Price Performance

Shares of VICI stock opened at $25.27 on Wednesday. VICI Properties Inc. has a 12 month low of $25.23 and a 12 month high of $33.38. The company has a market capitalization of $27.82 billion, a P/E ratio of 9.79 and a beta of 0.65. The stock has a 50 day moving average of $26.33 and a two-hundred day moving average of $27.56. 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 released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.09). The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, equities analysts expect that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be issued a $0.46 dividend. This is a boost from VICI Properties's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.84 annualized dividend and a yield of 7.3%. VICI Properties's payout ratio is presently 69.77%.

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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