Sanctuary Advisors LLC Acquires Shares of 233,122 VICI Properties Inc. $VICI

Sanctuary Advisors LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 233,122 shares of the company’s stock, valued at approximately $6,189,000.

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

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays decreased their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Wells Fargo & Company dropped their price target on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Robert W. Baird set a $32.00 price objective on VICI Properties in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of VICI Properties in a report on Friday, July 31st. Finally, Raymond James Financial set a $29.00 target price on shares of VICI Properties in a research note on Thursday, August 13th. Six investment 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 Stock Up 0.9%

VICI Properties stock opened at $26.76 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties Inc. has a one year low of $25.81 and a one year high of $33.92. The company has a 50-day simple moving average of $26.57 and a 200-day simple moving average of $27.83. The firm has a market capitalization of $29.46 billion, a P/E ratio of 10.37 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued 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 the consensus estimate of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, equities analysts expect that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were issued a dividend of $0.45 per share. 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 69.77%.

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.