Quantbot Technologies LP Makes New Investment in VICI Properties Inc. $VICI

Quantbot Technologies LP purchased a new position in VICI Properties Inc. (NYSE:VICI) during the second quarter, Holdings Channel reports. The fund purchased 259,951 shares of the company’s stock, valued at approximately $6,902,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of VICI Properties by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 158,457,308 shares of the company’s stock worth $4,455,820,000 after acquiring an additional 1,705,855 shares during the last quarter. BlackRock Inc. bought a new position in VICI Properties in the second quarter valued at $3,433,817,000. State Street Corp increased its stake in VICI Properties by 1.7% in the fourth quarter. State Street Corp now owns 63,619,919 shares of the company’s stock valued at $1,817,165,000 after acquiring an additional 1,080,992 shares during the last quarter. Geode Capital Management LLC raised its position in VICI Properties by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after purchasing an additional 1,037,345 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its position in VICI Properties by 8.2% during the fourth quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock valued at $851,821,000 after purchasing an additional 2,305,719 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

NYSE VICI opened at $26.55 on Friday. The company has a 50-day simple moving average of $26.59 and a two-hundred day simple moving average of $27.84. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a 12-month low of $25.81 and a 12-month high of $33.92. The firm has a market cap of $29.23 billion, a price-to-earnings ratio of 10.29 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced 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 company 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 firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, equities analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 69.77%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on VICI shares. Robert W. Baird set a $32.00 price target on VICI Properties in a research note on Thursday, July 30th. Scotiabank decreased their price objective 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. Morgan Stanley decreased their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Barclays cut their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Cantor Fitzgerald reduced their price target on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, VICI Properties currently has a consensus rating of “Hold” and an average 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.