NewEdge Wealth LLC Makes New $1.83 Million Investment in VICI Properties Inc. $VICI

Key Points

• NewEdge Wealth acquired 68,765 VICI Properties shares worth approximately $1.83 million during the second quarter. Institutional investors collectively own 97.71% of the REIT.
• VICI reported quarterly revenue of $1.06 billion, up 5.7% year over year, but earnings per share of $0.62 fell short of the $0.71 analyst consensus. The company reaffirmed fiscal 2026 EPS guidance of $2.45 to $2.47.
• VICI pays a quarterly dividend of $0.45 per share, equivalent to $1.80 annually and a 6.8% yield. Analysts maintain a consensus “Hold” rating with an average price target of $31.29, compared with a share price of $26.62.

NewEdge Wealth LLC bought a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 68,765 shares of the company's stock, valued at approximately $1,826,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of VICI Properties during the 2nd quarter worth $3,433,817,000. Norges Bank bought a new position in VICI Properties in the fourth quarter valued at about $537,676,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in VICI Properties by 31,134.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,218,191 shares of the company's stock worth $287,336,000 after acquiring an additional 10,185,477 shares in the last quarter. Man Group plc raised its stake in VICI Properties by 100.6% during the fourth quarter. Man Group plc now owns 11,406,537 shares of the company's stock worth $320,752,000 after acquiring an additional 5,720,867 shares in the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in shares of VICI Properties by 247.8% in the fourth quarter. Voloridge Investment Management LLC now owns 7,792,028 shares of the company's stock worth $219,112,000 after acquiring an additional 5,551,620 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $26.62 on Friday. 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 52 week low of $25.81 and a 52 week high of $33.92. The firm has a market cap of $29.31 billion, a PE ratio of 10.32 and a beta of 0.65. The firm's fifty day moving average is $26.63 and its 200-day moving average is $27.85.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. VICI Properties had a net margin of 67.50% and a return on equity of 9.66%. The business's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 earnings per share. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Sell-side analysts predict that VICI Properties Inc. will post 2.46 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Thursday, June 18th. VICI Properties's dividend payout ratio (DPR) is 69.77%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Raymond James Financial set a $29.00 price target on shares of VICI Properties in a report on Thursday, August 13th. Royal Bank Of Canada began coverage on shares of 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. Deutsche Bank Aktiengesellschaft set a $30.00 target price on shares of VICI Properties in a research note on Friday, July 31st. Scotiabank lowered their price target on shares of VICI Properties from $32.00 to $29.00 and set a "sector perform" rating for the company in a report on Thursday, June 18th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of VICI Properties in a research note on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $31.29.

VICI Properties 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.

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