Fox Run Management L.L.C. Makes New $1.04 Million Investment in VICI Properties Inc. $VICI

Fox Run Management L.L.C. bought a new position in VICI Properties Inc. (NYSE:VICI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 37,014 shares of the company’s stock, valued at approximately $1,041,000.

Several other large investors have also recently modified their holdings of VICI. State of Wyoming purchased a new position in shares of VICI Properties in the second quarter worth about $26,000. Evolution Wealth Management Inc. purchased a new position in shares of VICI Properties in the fourth quarter worth about $28,000. Headlands Technologies LLC purchased a new position in shares of VICI Properties in the second quarter worth about $28,000. BOKF NA purchased a new position in shares of VICI Properties in the third quarter worth about $30,000. Finally, Sarver Vrooman Wealth Advisors purchased a new position in shares of VICI Properties in the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

VICI has been the subject of several recent research reports. Barclays lifted their target price on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Scotiabank lifted their target price on shares of VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Robert W. Baird reduced their target price 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. Finally, Mizuho reiterated a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $27.99 on Wednesday. The company has a 50 day moving average of $28.20 and a 200 day moving average of $28.42. The stock has a market cap of $29.92 billion, a P/E ratio of 9.58 and a beta of 0.65. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. VICI Properties’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 earnings per share. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, sell-side analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 18th will be paid a dividend of $0.45 per share. 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%.

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.