Jane Street Group LLC purchased a new position in shares of VICI Properties Inc (NYSE:VICI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,120,172 shares of the company’s stock, valued at approximately $24,689,000. Jane Street Group LLC owned approximately 0.24% of VICI Properties at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of VICI. Cohen & Steers Inc. boosted its position in VICI Properties by 47.1% in the second quarter. Cohen & Steers Inc. now owns 49,081,803 shares of the company’s stock valued at $1,081,763,000 after buying an additional 15,708,664 shares in the last quarter. Senator Investment Group LP acquired a new stake in VICI Properties in the second quarter valued at approximately $220,400,000. Point72 Asset Management L.P. acquired a new stake in VICI Properties in the second quarter valued at approximately $189,036,000. Principal Financial Group Inc. boosted its position in VICI Properties by 354.0% in the first quarter. Principal Financial Group Inc. now owns 7,272,239 shares of the company’s stock valued at $159,116,000 after buying an additional 5,670,397 shares in the last quarter. Finally, Brookfield Asset Management Inc. boosted its position in VICI Properties by 14,659.0% in the second quarter. Brookfield Asset Management Inc. now owns 4,900,000 shares of the company’s stock valued at $107,996,000 after buying an additional 4,866,800 shares in the last quarter.
In other news, insider John W. R. Payne bought 10,635 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was acquired at an average price of $21.18 per share, with a total value of $225,249.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Edward Baltazar Pitoniak bought 15,200 shares of the stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average cost of $21.29 per share, with a total value of $323,608.00. The disclosure for this purchase can be found here. 0.15% of the stock is currently owned by company insiders.
Shares of VICI stock traded up $0.22 during trading hours on Friday, hitting $22.94. 10,069,464 shares of the company’s stock traded hands, compared to its average volume of 2,860,374. The stock’s 50 day simple moving average is $21.56 and its 200 day simple moving average is $21.97. The stock has a market cap of $10.35 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 1.83 and a beta of 0.83. VICI Properties Inc has a 12 month low of $17.64 and a 12 month high of $23.27. The company has a quick ratio of 179.91, a current ratio of 179.91 and a debt-to-equity ratio of 0.51.
VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.37. The firm had revenue of $220.75 million during the quarter, compared to the consensus estimate of $216.90 million. VICI Properties had a net margin of 64.39% and a return on equity of 8.15%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 earnings per share. As a group, equities research analysts expect that VICI Properties Inc will post 1.44 EPS for the current fiscal year.
The firm also recently declared a 0.28750 dividend, which will be paid on Thursday, October 10th. Stockholders of record on Friday, September 27th will be paid a dividend of $0.2975 per share. This represents a dividend yield of 5.3%. The ex-dividend date is Thursday, September 26th. VICI Properties’s payout ratio is currently 80.42%.
About VICI Properties
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 22 gaming facilities comprising approximately 39 million square feet and features approximately 14,800 hotel rooms and approximately 150 restaurants, bars and nightclubs.
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