Fox Run Management L.L.C. Makes New Investment in VICI Properties Inc. $VICI

Fox Run Management L.L.C. purchased a new position in VICI Properties Inc. (NYSE:VICI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,014 shares of the company’s stock, valued at approximately $1,041,000.

Other large investors have also bought and sold shares of the company. Citigroup Inc. grew its holdings in VICI Properties by 117.1% in the third 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 during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of VICI Properties by 24.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after buying an additional 173,013 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of VICI Properties by 17.9% in the third quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after buying an additional 3,968,349 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of VICI Properties by 43.8% in the third quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock valued at $112,664,000 after buying an additional 1,052,393 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of VICI Properties in the third quarter valued at $13,926,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on VICI shares. Robert W. Baird dropped their price objective on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Barclays raised their price objective on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Mizuho reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.38.

VICI Properties Stock Up 2.1%

VICI opened at $27.99 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The company’s 50-day moving average is $28.20 and its 200 day moving average is $28.42. VICI Properties Inc. has a fifty-two week low of $26.55 and a fifty-two week high of $34.01. The firm has a market capitalization of $29.92 billion, a P/E ratio of 9.58 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the firm earned $0.58 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Research analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.4%. VICI Properties’s payout ratio is currently 61.64%.

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.