Man Group plc Acquires New Shares in VICI Properties Inc. $VICI

Man Group plc bought a new stake in VICI Properties Inc. (NYSE:VICI) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,986,780 shares of the company’s stock, valued at approximately $318,249,000. Man Group plc owned about 1.09% of VICI Properties as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VICI. Western Wealth Management LLC acquired a new stake in shares of VICI Properties in the 2nd quarter valued at approximately $699,000. Jupiter Topco LLC acquired a new position in VICI Properties during the 2nd quarter worth approximately $11,735,000. J. Goldman & Co LP acquired a new position in VICI Properties during the 2nd quarter worth approximately $429,000. Hsbc Holdings PLC bought a new position in VICI Properties in the 2nd quarter valued at approximately $281,629,000. Finally, Canada Pension Plan Investment Board bought a new position in VICI Properties in the 2nd quarter valued at approximately $49,599,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

VICI stock opened at $26.31 on Wednesday. The company has a market capitalization of $28.97 billion, a P/E ratio of 10.20 and a beta of 0.65. The company has a fifty day moving average price of $26.53 and a 200-day moving average price of $27.82. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties Inc. has a 52-week low of $25.81 and a 52-week high of $33.92.

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

VICI Properties Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VICI. Royal Bank Of Canada initiated coverage on shares of VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price on the stock. Scotiabank cut 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. Barclays reduced their price objective on VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research report on Friday, July 31st. Finally, Cantor Fitzgerald cut their price target 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. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $31.29.

About VICI Properties

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.