Sanctuary Advisors LLC Makes New $6.19 Million Investment in VICI Properties Inc. $VICI

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

Other large investors also recently modified their holdings of the company. State of Wyoming bought a new stake in shares of VICI Properties during the second quarter valued at about $26,000. Headlands Technologies LLC acquired a new stake in VICI Properties in the second quarter worth about $28,000. Bayban bought a new position in VICI Properties in the 4th quarter valued at about $25,000. Dynamic Wealth Strategies LLC bought a new position in VICI Properties in the 1st quarter valued at about $25,000. Finally, BOKF NA acquired a new position in VICI Properties during the 3rd quarter valued at about $30,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Trading Up 0.9%

Shares of NYSE VICI opened at $26.76 on Tuesday. VICI Properties Inc. has a 12 month low of $25.81 and a 12 month high of $33.92. The company has a market cap of $29.46 billion, a price-to-earnings ratio of 10.37 and a beta of 0.65. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The business has a fifty day simple moving average of $26.57 and a 200-day simple moving average of $27.83.

VICI Properties (NYSE:VICI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates 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 company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Sell-side analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 69.77%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Barclays dropped their price target 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. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Wells Fargo & Company lowered 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 note on Wednesday, July 15th. Royal Bank Of Canada assumed coverage on VICI Properties in a report on Thursday, June 25th. They set a “sector perform” rating and a $29.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 target price on VICI Properties in a research report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently 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.