Man Group plc Has $320.75 Million Stock Holdings in VICI Properties Inc. $VICI

Man Group plc raised its stake in VICI Properties Inc. (NYSE:VICI) by 100.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,406,537 shares of the company’s stock after acquiring an additional 5,720,867 shares during the period. VICI Properties makes up about 0.5% of Man Group plc’s portfolio, making the stock its 22nd biggest holding. Man Group plc’s holdings in VICI Properties were worth $320,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. Citigroup Inc. raised its holdings in shares of VICI Properties by 117.1% during the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock worth $102,287,000 after buying an additional 1,691,653 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in 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 grew its position in 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 acquiring an additional 3,968,349 shares during the last quarter. California Public Employees Retirement System raised its stake in VICI Properties by 43.8% during the third quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock worth $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 during the third quarter worth about $13,926,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on VICI. Barclays boosted their target price on 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 reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on VICI Properties in a research note on Monday, May 4th. Mizuho reissued a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a research note on Wednesday, March 11th. Finally, Robert W. Baird lowered their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. 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

Shares of VICI opened at $27.24 on Thursday. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01. The business has a 50-day simple moving average of $28.26 and a two-hundred day simple moving average of $28.39. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a market cap of $29.12 billion, a PE ratio of 9.33 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (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 business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the firm earned $0.58 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Analysts anticipate that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is 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.