Braun Stacey Associates Inc. lowered its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 658,269 shares of the company's stock after selling 9,380 shares during the period. Braun Stacey Associates Inc. owned approximately 0.06% of VICI Properties worth $19,228,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the stock. Atria Wealth Solutions Inc. raised its holdings in shares of VICI Properties by 145.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock valued at $1,189,000 after purchasing an additional 24,159 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of 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. D.A. Davidson & CO. raised its holdings in shares of VICI Properties by 3.2% during the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock valued at $321,000 after purchasing an additional 340 shares during the period. CIBC Asset Management Inc raised its holdings in shares of VICI Properties by 2.9% during the fourth quarter. CIBC Asset Management Inc now owns 235,956 shares of the company's stock valued at $6,892,000 after purchasing an additional 6,700 shares during the period. Finally, Catalyst Capital Advisors LLC raised its holdings in shares of VICI Properties by 103.6% during the fourth quarter. Catalyst Capital Advisors LLC now owns 29,475 shares of the company's stock valued at $861,000 after purchasing an additional 15,000 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Stock Up 1.6 %
NYSE:VICI traded up $0.49 on Friday, hitting $31.25. The stock had a trading volume of 8,771,032 shares, compared to its average volume of 6,366,901. 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 stock has a market cap of $32.95 billion, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 3.85 and a beta of 0.95. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm's fifty day simple moving average is $29.59 and its two-hundred day simple moving average is $31.43.
VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.10). The firm had revenue of $976.05 million during the quarter, compared to analysts' expectations of $969.29 million. VICI Properties had a net margin of 73.90% and a return on equity of 10.80%. Analysts predict that VICI Properties Inc. will post 2.26 earnings per share for the current year.
VICI Properties Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 annualized dividend and a dividend yield of 5.54%. VICI Properties's payout ratio is currently 64.07%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on VICI shares. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. JMP Securities restated a "market outperform" rating and issued a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. Barclays lowered their target price on shares of VICI Properties from $36.00 to $35.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. Mizuho lowered their target price on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Finally, Stifel Nicolaus upped their target price on shares of VICI Properties from $33.75 to $34.00 and gave the stock a "buy" rating in a report on Friday. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $34.20.
View Our Latest Report on VICI Properties
VICI Properties Company Profile
(
Free Report)
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.
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