VICI Properties Inc. $VICI Shares Purchased by Denali Advisors LLC

Denali Advisors LLC raised its stake in VICI Properties Inc. (NYSE:VICI) by 88.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 67,710 shares of the company’s stock after buying an additional 31,746 shares during the quarter. Denali Advisors LLC’s holdings in VICI Properties were worth $1,798,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. State of Wyoming bought a new stake in VICI Properties in the 2nd quarter valued at about $26,000. Headlands Technologies LLC bought a new position in VICI Properties in the 2nd quarter worth about $28,000. 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 stake in shares of VICI Properties in the first quarter valued at approximately $25,000. Finally, BOKF NA bought a new stake in shares of VICI Properties during the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Price Performance

NYSE VICI opened at $26.39 on Thursday. VICI Properties Inc. has a 12 month low of $25.81 and a 12 month high of $33.92. The firm has a market capitalization of $29.05 billion, a PE ratio of 10.23 and a beta of 0.65. The company’s 50 day simple moving average is $26.66 and its 200 day simple moving average is $27.86. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98.

VICI Properties (NYSE:VICI) last released its 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). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the company earned $0.60 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. As a group, equities research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Robert W. Baird set a $32.00 price objective on VICI Properties in a report on Thursday, July 30th. Wells Fargo & Company reduced their price target on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a research note on Friday, July 31st. Morgan Stanley lowered their price target on VICI Properties from $38.00 to $31.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Finally, Royal Bank Of Canada started coverage on shares of VICI Properties in a research note on Thursday, June 25th. They set a “sector perform” rating and a $29.00 price objective on the stock. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, VICI Properties currently has a consensus rating of “Hold” and an average target price of $31.29.

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.