VICI Properties Inc. $VICI Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lessened its position in VICI Properties Inc. (NYSE:VICI) by 79.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 189,111 shares of the company’s stock after selling 719,195 shares during the period. Sequoia Financial Advisors LLC’s holdings in VICI Properties were worth $5,167,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in VICI Properties during the fourth quarter worth about $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in VICI Properties by 31,134.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company’s stock worth $287,336,000 after acquiring an additional 10,185,477 shares in the last quarter. Man Group plc lifted its holdings in VICI Properties by 100.6% in the 4th quarter. Man Group plc now owns 11,406,537 shares of the company’s stock valued at $320,752,000 after acquiring an additional 5,720,867 shares during the last quarter. Voloridge Investment Management LLC lifted its holdings in VICI Properties by 247.8% in the 4th quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company’s stock valued at $219,112,000 after acquiring an additional 5,551,620 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of VICI Properties by 1,001.4% during the 1st quarter. SG Americas Securities LLC now owns 5,659,186 shares of the company’s stock valued at $154,609,000 after purchasing an additional 5,145,372 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VICI. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on shares of VICI Properties in a research note on Monday, May 4th. Scotiabank reduced their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Royal Bank Of Canada began coverage on shares of VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Morgan Stanley dropped their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average target price of $32.57.

VICI Properties Trading Down 0.1%

Shares of VICI opened at $25.98 on Monday. The business’s 50-day moving average price is $27.66 and its 200 day moving average price is $28.20. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $27.77 billion, a P/E ratio of 8.90 and a beta of 0.65. VICI Properties Inc. has a 1-year low of $25.82 and a 1-year high of $34.01.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm earned $0.58 earnings per share. The business’s quarterly 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. Analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

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.