Dimensional Fund Advisors LP Buys 348,954 Shares of VICI Properties Inc. $VICI

Dimensional Fund Advisors LP lifted its stake in VICI Properties Inc. (NYSE:VICI) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,022,829 shares of the company’s stock after purchasing an additional 348,954 shares during the quarter. Dimensional Fund Advisors LP owned about 1.41% of VICI Properties worth $489,893,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in VICI Properties by 2.4% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,466,757 shares of the company’s stock valued at $113,051,000 after purchasing an additional 81,300 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of VICI Properties by 5.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,381,529 shares of the company’s stock valued at $77,638,000 after buying an additional 122,796 shares in the last quarter. Swedbank AB boosted its stake in VICI Properties by 4.0% in the third quarter. Swedbank AB now owns 4,874,730 shares of the company’s stock valued at $158,965,000 after acquiring an additional 188,690 shares in the last quarter. Citigroup Inc. boosted its position in shares of VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after purchasing an additional 1,691,653 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its stake in shares of VICI Properties by 11.7% during the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after acquiring an additional 2,937,039 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

NYSE:VICI opened at $29.88 on Thursday. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 52 week low of $27.48 and a 52 week high of $34.03. The stock’s 50-day moving average price is $28.79 and its 200-day moving average price is $30.14. The stock has a market capitalization of $31.93 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 3.46 and a beta of 0.67.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the business earned $0.57 EPS. The company’s quarterly revenue was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, equities analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VICI has been the subject of a number of research analyst reports. Scotiabank cut shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Evercore reaffirmed an “in-line” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Robert W. Baird dropped their price target on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday. Barclays reduced their price objective on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research note on Wednesday, December 3rd. Finally, Cantor Fitzgerald set a $33.00 target price on VICI Properties in a research report on Monday, January 5th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.69.

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.