Intech Investment Management LLC Has $1.65 Million Stock Position in VICI Properties Inc. $VICI

Intech Investment Management LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 127.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,709 shares of the company’s stock after acquiring an additional 28,367 shares during the quarter. Intech Investment Management LLC’s holdings in VICI Properties were worth $1,654,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. State of Wyoming bought a new stake in VICI Properties during the 2nd quarter worth about $26,000. Parvin Asset Management LLC acquired a new stake in shares of VICI Properties during the 2nd quarter worth approximately $27,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties during the 2nd quarter worth approximately $28,000. Hantz Financial Services Inc. raised its stake in shares of VICI Properties by 489.2% during the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock worth $28,000 after buying an additional 724 shares during the last quarter. Finally, Godsey & Gibb Inc. acquired a new position in VICI Properties in the third quarter valued at approximately $29,000. 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 analyst reports. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $32.00 target price (down from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Barclays dropped their price objective on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Wednesday, December 3rd. Robert W. Baird cut their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday. Mizuho decreased their target price on VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. Finally, Cantor Fitzgerald set a $33.00 price target on shares of VICI Properties in a research report on Monday, January 5th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $33.69.

VICI Properties Trading Down 0.7%

NYSE VICI opened at $29.68 on Friday. The firm has a market cap of $31.72 billion, a P/E ratio of 11.37, a P/E/G ratio of 3.43 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.17 and a quick ratio of 3.17. The stock’s 50-day moving average is $28.83 and its 200-day moving average is $30.13. VICI Properties Inc. has a one year low of $27.48 and a one year high of $34.03.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the firm posted $0.57 earnings per share. VICI Properties’s revenue for the quarter 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. Sell-side analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share 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.