Sanctuary Advisors LLC Has $6.33 Million Stock Holdings in VICI Properties Inc. $VICI

Sanctuary Advisors LLC boosted its position in VICI Properties Inc. (NYSE:VICI) by 34.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 231,829 shares of the company’s stock after acquiring an additional 59,881 shares during the period. Sanctuary Advisors LLC’s holdings in VICI Properties were worth $6,334,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. Bayban acquired a new position in VICI Properties during the 4th quarter valued at about $25,000. State of Wyoming acquired a new stake in shares of VICI Properties during the 2nd quarter worth approximately $26,000. Evolution Wealth Management Inc. acquired a new stake in shares of VICI Properties during the 4th quarter worth approximately $28,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties during the second quarter worth approximately $28,000. Finally, Reflection Asset Management bought a new stake in shares of VICI Properties during the fourth quarter worth approximately $29,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VICI. Morgan Stanley reduced 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 research note on Wednesday, July 8th. Wells Fargo & Company dropped their target price 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. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Scotiabank cut their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada initiated coverage on VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price target on the stock. Seven research 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $32.21.

VICI Properties Trading Down 1.0%

Shares of NYSE VICI opened at $26.88 on Friday. VICI Properties Inc. has a twelve month low of $25.82 and a twelve month high of $34.01. The stock has a market cap of $28.74 billion, a price-to-earnings ratio of 9.21 and a beta of 0.65. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The company’s fifty day moving average is $27.44 and its 200-day moving average is $28.15.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

About VICI Properties

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.