Jupiter Topco LLC Invests $11.73 Million in VICI Properties Inc. $VICI

Jupiter Topco LLC acquired a new stake in shares of VICI Properties Inc. (NYSE:VICI) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 442,213 shares of the company’s stock, valued at approximately $11,735,000.

Several other hedge funds also recently bought and sold shares of the company. Bayban bought a new stake in VICI Properties during the fourth quarter valued at about $25,000. Dynamic Wealth Strategies LLC bought a new position in shares of VICI Properties in the first quarter worth about $25,000. State of Wyoming bought a new position in shares of VICI Properties in the second quarter worth about $26,000. Evolution Wealth Management Inc. bought a new position in shares of VICI Properties in the fourth quarter worth about $28,000. Finally, Headlands Technologies LLC purchased a new stake in shares of VICI Properties during the second quarter worth about $28,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

NYSE:VICI opened at $25.90 on Friday. The business’s 50-day moving average is $26.49 and its 200 day moving average is $27.76. VICI Properties Inc. has a 12 month low of $25.75 and a 12 month high of $33.92. The company has a market capitalization of $28.52 billion, a P/E ratio of 10.04 and a beta of 0.65. 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) last released its quarterly earnings results 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). VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the previous year, the company earned $0.60 EPS. VICI Properties’s revenue for the quarter was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, equities research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.9%. VICI Properties’s dividend payout ratio (DPR) is presently 69.77%.

Wall Street Analysts Forecast Growth

VICI has been the topic of a number of research analyst reports. Scotiabank lowered their price target 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 objective on shares of VICI Properties in a research report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Wells Fargo & Company dropped their target price on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Finally, Raymond James Financial set a $29.00 target price on shares of VICI Properties in a research note on Thursday, August 13th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, 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.