Fidelity National Financial Inc. Makes New Investment in VICI Properties Inc. $VICI

Fidelity National Financial Inc. bought a new stake in VICI Properties Inc. (NYSE:VICI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,000,000 shares of the company’s stock, valued at approximately $26,550,000. VICI Properties makes up approximately 0.8% of Fidelity National Financial Inc.’s holdings, making the stock its 5th biggest holding.

Other institutional investors have also made changes to their positions in the company. 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 stake in shares of VICI Properties in the first quarter valued at approximately $25,000. State of Wyoming bought a new position in VICI Properties in the 2nd quarter worth approximately $26,000. Evolution Wealth Management Inc. acquired a new position in VICI Properties during the 4th quarter worth $28,000. Finally, Headlands Technologies LLC bought a new position in VICI Properties in the 2nd quarter valued at $28,000. 97.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Morgan Stanley lowered their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Scotiabank cut their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Cantor Fitzgerald decreased their price target on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Barclays lowered their price objective on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price objective on VICI Properties in a report on Friday, July 31st. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $31.29.

VICI Properties Stock Down 0.0%

NYSE:VICI opened at $25.95 on Wednesday. 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 stock’s fifty day simple moving average is $26.70 and its 200-day simple moving average is $27.87. The firm has a market capitalization of $28.58 billion, a P/E ratio of 10.06 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 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 company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company posted $0.60 EPS. The company’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. Equities research analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were paid 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 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.