Tectonic Advisors LLC Acquires 40,332 Shares of VICI Properties Inc. $VICI

Key Points

• Tectonic Advisors increased its stake in VICI Properties by 12.5%, buying 40,332 shares to own 364,050 shares worth about $10.24 million at the end of the quarter.
• VICI reported Q earnings of $0.57 per share, missing consensus by $0.03 with revenue of $1.01 billion (up 3.8% YoY), and set FY2026 guidance of 2.420–2.450 EPS.
• The company paid a quarterly dividend of $0.45 ($1.80 annualized), representing a 6.4% yield and a payout ratio of about 69%.

Tectonic Advisors LLC increased its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 12.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 364,050 shares of the company's stock after purchasing an additional 40,332 shares during the quarter. Tectonic Advisors LLC's holdings in VICI Properties were worth $10,237,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VICI. State of Wyoming acquired a new position in VICI Properties in the second quarter valued at $26,000. Headlands Technologies LLC acquired a new position in VICI Properties in the second quarter valued at $28,000. Godsey & Gibb Inc. acquired a new position in VICI Properties in the third quarter valued at $29,000. BOKF NA acquired a new position in VICI Properties in the third quarter valued at $30,000. Finally, City Holding Co. acquired a new position in VICI Properties in the third quarter valued at $33,000. Institutional investors own 97.71% of the company's stock.

VICI Properties Price Performance

Shares of NYSE VICI opened at $28.09 on Monday. The firm's 50-day moving average price is $28.67 and its 200-day moving average price is $29.17. VICI Properties Inc. has a 1-year low of $26.55 and a 1-year high of $34.01. The firm has a market capitalization of $30.02 billion, a P/E ratio of 10.76, a P/E/G ratio of 3.23 and a beta of 0.70. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a net margin of 69.28% and a return on equity of 10.02%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company posted $0.57 EPS. VICI Properties's revenue for the quarter was up 3.8% on a year-over-year basis. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. Equities research analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 19th. This represents a $1.80 annualized dividend and a dividend yield of 6.4%. VICI Properties's dividend payout ratio is currently 68.97%.

Analyst Upgrades and Downgrades

VICI has been the topic of several recent analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of VICI Properties in a report on Friday, March 27th. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a report on Monday, January 5th. Robert W. Baird dropped their target price on shares of VICI Properties from $36.00 to $34.00 and set an "outperform" rating on the stock in a report on Monday, March 2nd. Scotiabank lowered shares of VICI Properties from a "sector outperform" rating to a "sector perform" rating and dropped their target price for the company from $36.00 to $30.00 in a report on Friday, January 30th. Finally, Mizuho restated a "neutral" rating and issued a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, VICI Properties has a consensus rating of "Moderate Buy" and a consensus target price of $33.69.

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.

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