Wealthfront Advisers LLC Takes $10.38 Million Position in VICI Properties Inc. $VICI

Wealthfront Advisers LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 391,056 shares of the company’s stock, valued at approximately $10,383,000.

Other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC grew its holdings in VICI Properties by 204.4% during the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock worth $1,226,000 after acquiring an additional 25,234 shares in the last quarter. Woodline Partners LP raised its holdings in shares of VICI Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock valued at $2,905,000 after purchasing an additional 26,017 shares in the last quarter. Jump Financial LLC raised its holdings in shares of VICI Properties by 45.0% in the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after purchasing an additional 8,259 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in shares of VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of VICI Properties by 1.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after purchasing an additional 2,775 shares during the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Trading Up 1.8%

VICI opened at $26.39 on Thursday. The firm has a market cap of $29.05 billion, a price-to-earnings ratio of 10.23 and a beta of 0.65. VICI Properties Inc. has a 52 week low of $25.81 and a 52 week high of $33.92. The business’s 50 day moving average is $26.66 and its two-hundred day moving average is $27.86. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57.

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

VICI Properties Announces Dividend

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 $0.45 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a yield of 6.8%. VICI Properties’s dividend payout ratio is 69.77%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on VICI shares. Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a report on Friday, July 31st. Raymond James Financial set a $29.00 price objective on shares of VICI Properties in a report on Thursday, August 13th. Wells Fargo & Company reduced their price objective on shares of VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Robert W. Baird set a $32.00 target price on shares of VICI Properties in a report on Thursday, July 30th. Finally, Barclays dropped their target price on shares of VICI Properties from $34.00 to $31.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, VICI Properties has an average rating of “Hold” and a consensus target price of $31.29.

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.