American Century Companies Inc. Sells 790,366 Shares of VICI Properties Inc. (NYSE:VICI)

American Century Companies Inc. cut its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 14.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,545,132 shares of the company's stock after selling 790,366 shares during the period. American Century Companies Inc. owned 0.43% of VICI Properties worth $132,763,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of VICI. Venturi Wealth Management LLC grew its holdings in VICI Properties by 64.1% during the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC acquired a new position in VICI Properties during the fourth quarter valued at approximately $33,000. Whipplewood Advisors LLC bought a new position in shares of VICI Properties in the fourth quarter valued at $40,000. Continuum Advisory LLC grew its position in shares of VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after acquiring an additional 374 shares during the period. Finally, Cromwell Holdings LLC increased its position in VICI Properties by 31.3% during the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company's stock worth $61,000 after buying an additional 494 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VICI shares. Truist Financial dropped their price objective on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Wells Fargo & Company increased their target price on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Barclays boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Finally, Stifel Nicolaus raised their price objective on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.23.

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VICI Properties Stock Down 0.0 %

Shares of NYSE:VICI traded down $0.01 during mid-day trading on Thursday, hitting $31.90. 4,603,839 shares of the company traded hands, compared to its average volume of 5,551,106. VICI Properties Inc. has a 12-month low of $27.08 and a 12-month high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a 50-day moving average price of $31.02 and a two-hundred day moving average price of $31.39. The stock has a market cap of $33.70 billion, a P/E ratio of 12.46, a P/E/G ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The company had revenue of $976.05 million for the quarter, compared to analysts' expectations of $969.29 million. On average, equities research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be given a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties's dividend payout ratio is presently 67.58%.

VICI Properties Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.