442,213 Shares in VICI Properties Inc. $VICI Bought by Jupiter Topco LLC

Jupiter Topco LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 442,213 shares of the company’s stock, valued at approximately $11,735,000.

A number of other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in shares of VICI Properties during the second quarter valued at approximately $3,433,817,000. State Street Corp lifted its stake in shares of VICI Properties by 1.7% during the 4th quarter. State Street Corp now owns 63,619,919 shares of the company’s stock worth $1,817,165,000 after acquiring an additional 1,080,992 shares during the last quarter. Geode Capital Management LLC boosted its holdings in VICI Properties by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 36,209,246 shares of the company’s stock valued at $1,030,716,000 after acquiring an additional 1,037,345 shares during the period. Allianz Asset Management GmbH grew its position in VICI Properties by 8.2% in the 4th quarter. Allianz Asset Management GmbH now owns 30,292,364 shares of the company’s stock valued at $851,821,000 after acquiring an additional 2,305,719 shares during the last quarter. Finally, Bank of America Corp DE grew its position in VICI Properties by 2.7% in the 1st quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock valued at $763,553,000 after acquiring an additional 734,068 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Scotiabank decreased their target price on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Raymond James Financial set a $29.00 price objective on shares of VICI Properties in a research report on Thursday, August 13th. Cantor Fitzgerald dropped their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Robert W. Baird set a $32.00 target price on VICI Properties in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada began coverage on VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price for the company. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, VICI Properties has a consensus rating of “Hold” and an average target price of $31.29.

VICI Properties Price Performance

Shares of VICI opened at $25.90 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The company has a 50 day moving average price of $26.49 and a 200-day moving average price of $27.76. VICI Properties Inc. has a fifty-two week low of $25.75 and a fifty-two week high of $33.92. The stock has a market capitalization of $28.52 billion, a PE ratio of 10.04 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is 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.