Wealthfront Advisers LLC Has $7.73 Million Position in VICI Properties Inc. $VICI

Wealthfront Advisers LLC raised its position in VICI Properties Inc. (NYSE:VICI) by 8.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 283,082 shares of the company’s stock after purchasing an additional 21,304 shares during the period. Wealthfront Advisers LLC’s holdings in VICI Properties were worth $7,734,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. D.A. Davidson & CO. lifted its holdings in shares of VICI Properties by 7.4% during the 1st quarter. D.A. Davidson & CO. now owns 112,294 shares of the company’s stock valued at $3,068,000 after purchasing an additional 7,758 shares in the last quarter. Blackhawk Capital Partners LLC increased its stake in VICI Properties by 40.7% during the 1st quarter. Blackhawk Capital Partners LLC now owns 16,499 shares of the company’s stock worth $451,000 after purchasing an additional 4,776 shares in the last quarter. Gentry Private Wealth LLC increased its stake in VICI Properties by 11.0% during the 1st quarter. Gentry Private Wealth LLC now owns 10,821 shares of the company’s stock worth $296,000 after purchasing an additional 1,071 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in VICI Properties by 11.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,717 shares of the company’s stock worth $265,000 after buying an additional 971 shares during the period. Finally, Sanctuary Advisors LLC raised its holdings in VICI Properties by 34.8% during the 1st quarter. Sanctuary Advisors LLC now owns 231,829 shares of the company’s stock worth $6,334,000 after buying an additional 59,881 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $31.00 price target on shares of VICI Properties in a research note on Monday, May 4th. Morgan Stanley dropped their price objective on shares of VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Wells Fargo & Company cut their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday. 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 research note on Thursday, June 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $32.21.

VICI Properties Stock Down 1.0%

Shares of VICI Properties stock opened at $26.88 on Friday. The firm has a market cap of $28.74 billion, a PE ratio of 9.21 and a beta of 0.65. The business’s 50 day simple moving average is $27.44 and its 200 day simple moving average is $28.15. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The business’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s payout ratio is currently 61.64%.

VICI Properties 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.