Quarry LP Has $94,000 Stock Position in VICI Properties Inc. $VICI

Quarry LP raised its position in VICI Properties Inc. (NYSE:VICI) by 158.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,889 shares of the company’s stock after purchasing an additional 1,770 shares during the quarter. Quarry LP’s holdings in VICI Properties were worth $94,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of VICI Properties by 205.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,047,082 shares of the company’s stock valued at $556,077,000 after buying an additional 11,458,239 shares during the last quarter. Northern Trust Corp increased its holdings in VICI Properties by 13.2% in the first quarter. Northern Trust Corp now owns 13,743,229 shares of the company’s stock worth $448,304,000 after buying an additional 1,606,559 shares during the last quarter. Invesco Ltd. raised its position in VICI Properties by 0.6% during the first quarter. Invesco Ltd. now owns 13,491,589 shares of the company’s stock valued at $440,096,000 after acquiring an additional 77,544 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in VICI Properties by 1.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 12,345,173 shares of the company’s stock valued at $402,700,000 after acquiring an additional 135,836 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in VICI Properties in the first quarter valued at approximately $320,179,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VICI has been the topic of several analyst reports. JMP Securities set a $35.00 price target on shares of VICI Properties in a research note on Tuesday, July 22nd. Wells Fargo & Company increased their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Citigroup reaffirmed a “market outperform” rating on shares of VICI Properties in a research report on Tuesday, July 22nd. Scotiabank upped their price target on VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Finally, Stifel Nicolaus increased their price objective on VICI Properties from $34.75 to $35.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.55.

VICI Properties Stock Up 0.1%

Shares of VICI stock opened at $33.39 on Thursday. The firm has a market cap of $35.60 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 3.37 and a beta of 0.70. VICI Properties Inc. has a 12 month low of $27.98 and a 12 month high of $34.29. The stock has a 50 day moving average of $33.10 and a 200-day moving average of $32.26. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.62.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates of $0.60. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%.The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $991.59 million. During the same quarter last year, the company earned $0.57 EPS. The company’s quarterly revenue was up 4.6% on a year-over-year basis. VICI Properties has set its FY 2025 guidance at 2.350-2.370 EPS. On average, equities analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.