United Capital Financial Advisors LLC Invests $1.49 Million in VICI Properties Inc. $VICI

United Capital Financial Advisors LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 56,042 shares of the company’s stock, valued at approximately $1,488,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bayban purchased a new stake in shares of VICI Properties during the 4th quarter valued at about $25,000. Dynamic Wealth Strategies LLC purchased a new position in VICI Properties in the 1st quarter worth approximately $25,000. State of Wyoming acquired a new stake in VICI Properties in the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. acquired a new stake in VICI Properties in the fourth quarter valued at approximately $28,000. Finally, Headlands Technologies LLC purchased a new stake in shares of VICI Properties during the second quarter valued at approximately $28,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Price Performance

VICI opened at $25.90 on Friday. The company has a market capitalization of $28.52 billion, a P/E ratio of 10.04 and a beta of 0.65. The company has a 50-day moving average of $26.49 and a 200-day moving average of $27.76. 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 1-year low of $25.75 and a 1-year high of $33.92.

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

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders 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 dividend yield of 6.9%. VICI Properties’s dividend payout ratio (DPR) is presently 69.77%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VICI. Robert W. Baird set a $32.00 target price on shares of VICI Properties in a research note on Thursday, July 30th. Morgan Stanley cut 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. Barclays lowered their target price on VICI Properties from $34.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Royal Bank Of Canada initiated coverage on VICI Properties in a research note on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Finally, Scotiabank reduced their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $31.29.

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.