22,254 Shares in VICI Properties Inc. (NYSE:VICI) Acquired by ClearAlpha Technologies LP

ClearAlpha Technologies LP purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 22,254 shares of the company's stock, valued at approximately $650,000. VICI Properties accounts for approximately 0.4% of ClearAlpha Technologies LP's holdings, making the stock its 26th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. Transce3nd LLC bought a new stake in VICI Properties in the fourth quarter valued at $28,000. Venturi Wealth Management LLC lifted its position in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC bought a new stake in VICI Properties during the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC bought a new stake in shares of VICI Properties during the fourth quarter valued at approximately $40,000. Finally, Cromwell Holdings LLC grew its position in shares of VICI Properties by 31.3% in the 4th 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 period. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

VICI Properties stock traded down $0.23 during midday trading on Wednesday, reaching $32.74. 6,592,608 shares of the company traded hands, compared to its average volume of 6,023,307. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 12 month low of $27.53 and a 12 month high of $34.29. The firm has a market capitalization of $34.60 billion, a price-to-earnings ratio of 12.79, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. The business has a 50 day moving average of $31.76 and a two-hundred day moving average of $31.15.

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 firm had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. As a group, research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were paid a $0.4325 dividend. The ex-dividend date was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.28%. VICI Properties's dividend payout ratio (DPR) is 67.58%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VICI. Truist Financial lifted their target price on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday. Stifel Nicolaus boosted their target price on VICI Properties from $34.00 to $34.25 and gave the stock a "buy" rating in a report on Thursday, March 27th. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Mizuho upped their price target on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Finally, Wells Fargo & Company raised their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $34.93.

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.