VICI Properties Inc. $VICI Stock Position Trimmed by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its position in shares of VICI Properties Inc. (NYSE:VICI) by 80.1% in the first quarter, HoldingsChannel reports. The firm owned 541,129 shares of the company’s stock after selling 2,184,900 shares during the period. Renaissance Technologies LLC’s holdings in VICI Properties were worth $14,784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VICI. Bayban acquired a new stake in shares of VICI Properties in the fourth quarter valued at approximately $25,000. Dynamic Wealth Strategies LLC acquired a new position in shares of VICI Properties during the first quarter worth approximately $25,000. State of Wyoming bought a new position in VICI Properties in the 2nd quarter worth approximately $26,000. Evolution Wealth Management Inc. bought a new position in VICI Properties in the 4th quarter worth approximately $28,000. Finally, Headlands Technologies LLC bought a new position in VICI Properties in the 2nd quarter worth approximately $28,000. Institutional investors own 97.71% of the company’s stock.

Key Stories Impacting VICI Properties

Here are the key news stories impacting VICI Properties this week:

• Positive Sentiment: Raised AFFO outlook: VICI now expects 2026 AFFO of approximately $2.45–$2.47 per share, with management raising the low end of its prior range. The outlook reflects lease growth, relationship-driven investments and continued capital deployment. VICI Properties Q2 Earnings Call Highlights AFFO Outlook Raise
• Positive Sentiment: Revenue exceeded expectations: Second-quarter revenue rose to roughly $1.1 billion, supported by lease escalators, acquisitions and broader investment activity. Quarterly FFO was $0.62 per share, up from $0.60 a year earlier, while adjusted funds from operations met consensus estimates. VICI Properties’ Q2 FFO Meets Estimates, Revenues Beat on Lease Growth
• Positive Sentiment: New growth opportunities: VICI is funding a $75 million Club Med St. Croix build-to-suit project, adding another long-term real estate investment. The company is also partnering with a casino operator on a potential Las Vegas NBA arena, creating longer-term development optionality, though no final project commitment was reported. VICI signals 2026 AFFO and Club Med project
• Neutral Sentiment: Management emphasized tenant relationships, portfolio diversification and disciplined capital allocation. These initiatives support long-term growth but may take time to produce material earnings benefits. VICI Properties Q2 2026 Earnings Call Transcript
• Negative Sentiment: Limited earnings upside: FFO and AFFO generally met, rather than decisively exceeded, expectations, and some analysts said the revised 2026 guidance failed to impress. The stock remains below its 50-day and 200-day moving averages, reflecting ongoing valuation and interest-rate sensitivity. VICI’s Q2 earnings and updated guidance

Analysts Set New Price Targets

Several analysts have weighed in on the company. Morgan Stanley cut their target price on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Scotiabank decreased their price target on 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. Robert W. Baird set a $32.00 price target on VICI Properties in a report on Thursday. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of VICI Properties in a research note on Friday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $31.54.

VICI Properties Price Performance

NYSE VICI opened at $26.39 on Friday. VICI Properties Inc. has a 12 month low of $25.82 and a 12 month high of $34.01. The firm has a market capitalization of $29.06 billion, a PE ratio of 10.23 and a beta of 0.65. The company’s 50 day simple moving average is $27.10 and its 200 day simple moving average is $28.05. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 3.62.

VICI Properties (NYSE:VICI) last released its 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 9.66% and a net margin of 67.50%.The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 earnings per share. As a group, equities research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.80 annualized dividend and a dividend yield of 6.8%. VICI Properties’s dividend payout ratio (DPR) is 69.77%.

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.