Waverly Advisors LLC Invests $607,000 in VICI Properties Inc. $VICI

Waverly Advisors LLC bought a new stake in VICI Properties Inc. (NYSE:VICI) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 22,201 shares of the company’s stock, valued at approximately $607,000.

Several other institutional investors also recently bought and sold shares of the stock. Bayban bought a new stake in VICI Properties in the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC purchased a new position in shares of VICI Properties in the first quarter worth $25,000. State of Wyoming purchased a new stake in VICI Properties during the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. purchased a new position in VICI Properties during the 4th quarter valued at about $28,000. Finally, Headlands Technologies LLC bought a new position in VICI Properties during the 2nd quarter valued at approximately $28,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Key VICI Properties News

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: Raised AFFO outlook: VICI now expects 2026 AFFO of approximately $2.45–$2.47 per share, with management raising the low end of its prior range. The outlook reflects lease growth, relationship-driven investments and continued capital deployment. VICI Properties Q2 Earnings Call Highlights AFFO Outlook Raise
• Positive Sentiment: Revenue exceeded expectations: Second-quarter revenue rose to roughly $1.1 billion, supported by lease escalators, acquisitions and broader investment activity. Quarterly FFO was $0.62 per share, up from $0.60 a year earlier, while adjusted funds from operations met consensus estimates. VICI Properties’ Q2 FFO Meets Estimates, Revenues Beat on Lease Growth
• Positive Sentiment: New growth opportunities: VICI is funding a $75 million Club Med St. Croix build-to-suit project, adding another long-term real estate investment. The company is also partnering with a casino operator on a potential Las Vegas NBA arena, creating longer-term development optionality, though no final project commitment was reported. VICI signals 2026 AFFO and Club Med project
• Neutral Sentiment: Management emphasized tenant relationships, portfolio diversification and disciplined capital allocation. These initiatives support long-term growth but may take time to produce material earnings benefits. VICI Properties Q2 2026 Earnings Call Transcript
• Negative Sentiment: Limited earnings upside: FFO and AFFO generally met, rather than decisively exceeded, expectations, and some analysts said the revised 2026 guidance failed to impress. The stock remains below its 50-day and 200-day moving averages, reflecting ongoing valuation and interest-rate sensitivity. VICI’s Q2 earnings and updated guidance

Wall Street Analyst Weigh In

Several research firms have weighed in on VICI. Wells Fargo & Company dropped their price objective on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Morgan Stanley decreased their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Robert W. Baird set a $32.00 price target on shares of VICI Properties in a report on Thursday. Finally, Royal Bank Of Canada assumed coverage on VICI Properties in a research report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective on the stock. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $31.54.

VICI Properties Stock Performance

Shares of VICI stock opened at $26.39 on Monday. The company’s fifty day moving average price is $27.10 and its 200-day moving average price is $28.05. The stock has a market cap of $29.06 billion, a PE ratio of 10.23 and a beta of 0.65. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57. VICI Properties Inc. has a 12 month low of $25.82 and a 12 month high of $34.01.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is 69.77%.

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.