Wealthfront Advisers LLC Has $7.73 Million Holdings in VICI Properties Inc. $VICI

Wealthfront Advisers LLC grew its stake in VICI Properties Inc. (NYSE:VICI) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 283,082 shares of the company’s stock after acquiring an additional 21,304 shares during the period. Wealthfront Advisers LLC’s holdings in VICI Properties were worth $7,734,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of VICI. Corrado Advisors LLC increased its holdings in shares of VICI Properties by 0.8% in the first quarter. Corrado Advisors LLC now owns 50,301 shares of the company’s stock valued at $1,374,000 after purchasing an additional 393 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in VICI Properties by 2.9% during the 4th quarter. Farther Finance Advisors LLC now owns 15,328 shares of the company’s stock worth $431,000 after buying an additional 434 shares in the last quarter. West Paces Advisors Inc. lifted its holdings in VICI Properties by 2.4% during the 4th quarter. West Paces Advisors Inc. now owns 18,226 shares of the company’s stock worth $513,000 after buying an additional 435 shares in the last quarter. Brookstone Capital Management boosted its position in VICI Properties by 6.6% in the 4th quarter. Brookstone Capital Management now owns 7,186 shares of the company’s stock valued at $202,000 after buying an additional 444 shares during the last quarter. Finally, Beacon Investment Advisors LLC boosted its position in VICI Properties by 3.4% in the 4th quarter. Beacon Investment Advisors LLC now owns 13,980 shares of the company’s stock valued at $393,000 after buying an additional 455 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of VICI stock opened at $26.88 on Friday. The firm’s 50 day moving average price is $27.44 and its two-hundred day moving average price is $28.15. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. VICI Properties Inc. has a 52-week low of $25.82 and a 52-week high of $34.01. The stock has a market cap of $28.74 billion, a PE ratio of 9.21 and a beta of 0.65.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. The company 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 business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. As a group, analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current year.

VICI Properties Dividend Announcement

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

Analyst Ratings Changes

VICI has been the subject of several research reports. Scotiabank lowered their target price 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. Deutsche Bank Aktiengesellschaft set a $31.00 price target on VICI Properties in a research note on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Wednesday, June 24th. Morgan Stanley lowered their price objective on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Finally, Wells Fargo & Company dropped their price objective on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday. Seven equities 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 has a consensus rating of “Moderate Buy” and a consensus target price of $32.21.

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.