ExodusPoint Capital Management LP Has $29.88 Million Position in VICI Properties Inc. $VICI

ExodusPoint Capital Management LP increased its position in shares of VICI Properties Inc. (NYSE:VICI) by 138.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,062,580 shares of the company’s stock after purchasing an additional 617,077 shares during the period. ExodusPoint Capital Management LP’s holdings in VICI Properties were worth $29,880,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Citigroup Inc. raised its holdings in VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after acquiring an additional 1,691,653 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in VICI Properties by 24.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after acquiring an additional 173,013 shares in the last quarter. Bank of America Corp DE raised its holdings in VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after acquiring an additional 3,968,349 shares in the last quarter. California Public Employees Retirement System raised its holdings in VICI Properties by 43.8% in the 3rd quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock valued at $112,664,000 after acquiring an additional 1,052,393 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in VICI Properties in the 3rd quarter valued at $13,926,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on VICI shares. Mizuho reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Barclays boosted their price target on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Scotiabank boosted their price target on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $33.38.

VICI Properties Price Performance

VICI Properties stock opened at $28.00 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. VICI Properties Inc. has a 52 week low of $26.55 and a 52 week high of $34.01. The stock has a market capitalization of $29.93 billion, a P/E ratio of 9.59 and a beta of 0.65. The stock has a fifty day moving average of $28.27 and a 200-day moving average of $28.40.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the firm earned $0.58 EPS. VICI Properties’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. On average, sell-side analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio is presently 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.