Oxbow Advisors LLC Takes Position in VICI Properties Inc. $VICI

Oxbow Advisors LLC acquired a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 265,702 shares of the company’s stock, valued at approximately $7,054,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC bought a new stake in VICI Properties during the 2nd quarter worth approximately $10,383,000. Main Street Financial Solutions LLC bought a new position in VICI Properties in the 2nd quarter valued at $302,000. Fidelity National Financial Inc. bought a new position in VICI Properties in the 2nd quarter valued at $26,550,000. BlackRock Inc. purchased a new position in shares of VICI Properties during the 2nd quarter valued at $3,433,817,000. Finally, Deutsche Bank AG purchased a new position in shares of VICI Properties during the 2nd quarter valued at $91,967,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

NYSE VICI opened at $25.95 on Wednesday. VICI Properties Inc. has a 52-week low of $25.81 and a 52-week high of $33.92. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The company has a market capitalization of $28.58 billion, a P/E ratio of 10.06 and a beta of 0.65. The company has a fifty day moving average of $26.70 and a 200-day moving average of $27.87.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, equities research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.9%. VICI Properties’s payout ratio is 69.77%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Cantor Fitzgerald decreased their price target on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Wells Fargo & Company decreased their target price on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Robert W. Baird set a $32.00 price target on VICI Properties in a report on Thursday, July 30th. Finally, Scotiabank lowered their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $31.29.

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.