B&I Capital AG Reduces Holdings in VICI Properties Inc. (NYSE:VICI)

B&I Capital AG trimmed its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 19.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,990 shares of the company's stock after selling 22,910 shares during the period. VICI Properties accounts for approximately 0.9% of B&I Capital AG's holdings, making the stock its 26th largest position. B&I Capital AG's holdings in VICI Properties were worth $2,716,000 as of its most recent SEC filing.

A number of other institutional investors also recently 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 bought a new position in shares of VICI Properties during the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC purchased a new stake in VICI Properties in the 4th quarter worth approximately $40,000. Continuum Advisory LLC raised its stake in VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after acquiring an additional 374 shares during the period. Finally, Brown Brothers Harriman & Co. raised its stake in VICI Properties by 512.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock worth $65,000 after acquiring an additional 1,630 shares during the period. 97.71% of the stock is owned by institutional investors.

VICI Properties Price Performance

Shares of VICI traded up $0.18 during mid-day trading on Monday, hitting $32.67. 6,388,556 shares of the stock were exchanged, compared to its average volume of 6,574,357. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The company has a market cap of $34.51 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 3.88 and a beta of 0.95. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The firm has a 50-day moving average of $29.89 and a two-hundred day moving average of $31.47.

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

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties's payout ratio is 67.58%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VICI. Truist Financial reduced their price objective on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Barclays cut their price target on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. JMP Securities restated a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Wedbush lowered VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $34.20.

About VICI Properties

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.