Redwood Investment Management LLC Invests $780,000 in VICI Properties Inc. $VICI

Redwood Investment Management LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,381 shares of the company’s stock, valued at approximately $780,000.

Several other institutional investors have also recently added to or reduced their stakes in VICI. State of Wyoming acquired a new stake in VICI Properties in the 2nd quarter worth about $26,000. Headlands Technologies LLC purchased a new position in shares of VICI Properties during the 2nd quarter worth about $28,000. Bayban purchased a new position in shares of VICI Properties during the 4th quarter worth about $25,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of VICI Properties in the first quarter worth approximately $25,000. Finally, BOKF NA acquired a new position in VICI Properties during the third quarter worth approximately $30,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on VICI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a research note on Wednesday, June 24th. Scotiabank dropped their price objective 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. Royal Bank Of Canada began coverage on VICI Properties in a research report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 target price on the stock. Raymond James Financial set a $29.00 target price on VICI Properties in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a research report on Friday, July 31st. 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, VICI Properties has a consensus rating of “Hold” and a consensus target price of $31.29.

VICI Properties Trading Down 0.9%

NYSE VICI opened at $25.77 on Friday. VICI Properties Inc. has a one year low of $25.75 and a one year high of $33.92. The company’s 50 day moving average price is $26.50 and its 200 day moving average price is $27.77. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. The firm has a market capitalization of $28.37 billion, a price-to-earnings ratio of 9.99 and a beta of 0.65.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the firm earned $0.60 earnings per share. VICI Properties’s quarterly revenue was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. On average, sell-side 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. Investors of record on Thursday, June 18th were issued 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 7.0%. VICI Properties’s payout ratio is presently 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.