Oregon Public Employees Retirement Fund Acquires 30,580 Shares of VICI Properties Inc. $VICI

Oregon Public Employees Retirement Fund lifted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 33.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 121,893 shares of the company’s stock after acquiring an additional 30,580 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in VICI Properties were worth $3,975,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in VICI Properties during the 2nd quarter valued at $486,945,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of VICI Properties in the second quarter valued at $110,366,000. Cbre Investment Management Listed Real Assets LLC raised its position in shares of VICI Properties by 125.4% in the second quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,587,940 shares of the company’s stock valued at $182,167,000 after purchasing an additional 3,108,475 shares during the period. Swedbank AB boosted its holdings in shares of VICI Properties by 156.1% during the 2nd quarter. Swedbank AB now owns 4,686,040 shares of the company’s stock worth $152,765,000 after buying an additional 2,856,035 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in VICI Properties by 11.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 21,811,143 shares of the company’s stock valued at $711,043,000 after buying an additional 2,326,747 shares during the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $27.77 on Friday. The firm has a 50 day moving average of $28.71 and a 200-day moving average of $31.19. VICI Properties Inc. has a 12 month low of $27.48 and a 12 month high of $34.03. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $29.68 billion, a PE ratio of 10.60, a PEG ratio of 2.76 and a beta of 0.70.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period last year, the firm posted $0.57 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. On average, equities research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. VICI Properties’s payout ratio is 68.70%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on VICI shares. Mizuho cut their price objective on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. The Goldman Sachs Group lowered their target price on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Wells Fargo & Company restated an “equal weight” rating and issued a $32.00 price target (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Cantor Fitzgerald set a $33.00 price objective on VICI Properties in a report on Monday, January 5th. Finally, Barclays dropped their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.31.

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.