Jain Global LLC Purchases 283,104 Shares of VICI Properties Inc. $VICI

Jain Global LLC raised its position in VICI Properties Inc. (NYSE:VICI) by 73.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 669,678 shares of the company’s stock after buying an additional 283,104 shares during the period. Jain Global LLC’s holdings in VICI Properties were worth $21,838,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of VICI. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in VICI Properties by 2.4% in 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 during the period. Swedbank AB raised its stake in shares of VICI Properties by 4.0% during the 3rd quarter. Swedbank AB now owns 4,874,730 shares of the company’s stock worth $158,965,000 after purchasing an additional 188,690 shares during the period. 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 worth $77,638,000 after buying an additional 122,796 shares during the last quarter. Citigroup Inc. boosted its holdings 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 buying an additional 1,691,653 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its position in VICI Properties by 11.7% during the third quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock valued at $912,644,000 after buying an additional 2,937,039 shares during the period. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Down 0.9%

Shares of VICI Properties stock opened at $28.43 on Monday. The stock has a market capitalization of $30.40 billion, a P/E ratio of 10.89, a P/E/G ratio of 3.26 and a beta of 0.67. VICI Properties Inc. has a 52-week low of $27.48 and a 52-week high of $34.01. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. The stock’s 50-day simple moving average is $28.92 and its 200 day simple moving average is $29.92.

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

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 19th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $1.80 annualized dividend and a yield of 6.3%. VICI Properties’s dividend payout ratio (DPR) is 68.97%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on VICI. Cantor Fitzgerald set a $33.00 price objective on shares of VICI Properties in a report on Monday, January 5th. The Goldman Sachs Group reduced their target price on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Robert W. Baird decreased their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Scotiabank cut shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and lowered their price target for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $33.69.

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.