3,759,017 Shares in VICI Properties Inc (VICI) Acquired by Long Pond Capital LP

Long Pond Capital LP acquired a new stake in VICI Properties Inc (NYSE:VICI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,759,017 shares of the company’s stock, valued at approximately $68,865,000. VICI Properties comprises about 1.8% of Long Pond Capital LP’s investment portfolio, making the stock its 19th biggest holding.

A number of other large investors have also recently modified their holdings of the stock. Allianz Asset Management GmbH bought a new stake in VICI Properties in the 1st quarter valued at about $521,813,000. Nuveen Asset Management LLC bought a new stake in shares of VICI Properties during the 1st quarter worth about $29,719,000. Echo Street Capital Management LLC bought a new stake in shares of VICI Properties during the 1st quarter worth about $30,600,000. MD Sass Investors Services Inc. bought a new stake in shares of VICI Properties during the 1st quarter worth about $18,414,000. Finally, OZ Management LP bought a new stake in shares of VICI Properties during the 1st quarter worth about $165,741,000.

VICI has been the topic of a number of recent analyst reports. Union Gaming Research initiated coverage on shares of VICI Properties in a research report on Tuesday, March 27th. They set a “buy” rating and a $23.00 price target on the stock. Deutsche Bank initiated coverage on shares of VICI Properties in a research report on Thursday, May 17th. They set a “buy” rating and a $22.00 price target on the stock. Barclays initiated coverage on shares of VICI Properties in a research report on Monday, February 26th. They set an “equal weight” rating and a $22.00 price target on the stock. Morgan Stanley boosted their price target on shares of VICI Properties from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Friday, May 25th. Finally, Bank of America initiated coverage on shares of VICI Properties in a research report on Monday, February 26th. They set a “neutral” rating and a $21.00 price target on the stock. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. VICI Properties presently has a consensus rating of “Hold” and a consensus price target of $22.00.

VICI stock opened at $19.98 on Thursday. VICI Properties Inc has a 52 week low of $17.58 and a 52 week high of $22.99. The company has a debt-to-equity ratio of 0.67, a current ratio of 61.16 and a quick ratio of 61.16.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Thursday, May 3rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.01). The business had revenue of $218.00 million during the quarter, compared to analysts’ expectations of $207.13 million. analysts forecast that VICI Properties Inc will post 1.47 earnings per share for the current year.

VICI Properties Profile

VICI Properties Inc owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. The company operates through two segments, Real Property Business and Golf Course Business. Its property portfolio consists of 19 properties, including Caesars Palace, a gaming facility in the Las Vegas Strip.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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