Russell Investments Group Ltd. Acquires 1,237,145 Shares of VICI Properties Inc. $VICI

Russell Investments Group Ltd. boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 28.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,609,084 shares of the company’s stock after purchasing an additional 1,237,145 shares during the quarter. Russell Investments Group Ltd. owned 0.52% of VICI Properties worth $182,912,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VICI. State of Wyoming acquired a new stake in shares of VICI Properties in the second quarter valued at approximately $26,000. Parvin Asset Management LLC acquired a new stake in VICI Properties during the second quarter worth approximately $27,000. Headlands Technologies LLC acquired a new stake in VICI Properties during the second quarter worth approximately $28,000. Godsey & Gibb Inc. bought a new position in VICI Properties during the 3rd quarter worth $29,000. Finally, City Holding Co. bought a new position in VICI Properties during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analysts Set New Price Targets

VICI has been the subject of a number of recent analyst reports. Barclays cut their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. The Goldman Sachs Group dropped their price target on VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Mizuho cut their price objective on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. Wells Fargo & Company reiterated an “equal weight” rating and set a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Trading Down 0.2%

Shares of VICI opened at $29.63 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.17 and a current ratio of 3.17. VICI Properties Inc. has a 52-week low of $27.48 and a 52-week high of $34.03. The firm has a market cap of $31.67 billion, a price-to-earnings ratio of 11.35, a PEG ratio of 3.40 and a beta of 0.67. The business’s fifty day moving average is $28.86 and its 200-day moving average is $30.08.

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

VICI Properties Company 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.