VICI Properties Inc. (NYSE:VICI) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 16.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 116,844 shares of the company's stock after selling 23,090 shares during the period. Commonwealth Equity Services LLC's holdings in VICI Properties were worth $3,413,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. D.A. Davidson & CO. grew its holdings in shares of VICI Properties by 3.2% in 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. Sheaff Brock Investment Advisors LLC raised its position in shares of VICI Properties by 0.9% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after buying an additional 372 shares during the period. Continuum Advisory LLC lifted its holdings in VICI Properties by 30.5% in the third 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 last quarter. V Square Quantitative Management LLC increased its stake in VICI Properties by 3.3% during the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock worth $357,000 after acquiring an additional 391 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its stake in VICI Properties by 0.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company's stock worth $2,042,000 after acquiring an additional 408 shares during the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

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VICI Properties Stock Performance

Shares of VICI Properties stock traded up $0.11 during trading on Friday, reaching $31.99. The company's stock had a trading volume of 4,731,126 shares, compared to its average volume of 5,831,406. The firm has a market cap of $33.80 billion, a PE ratio of 12.49, a P/E/G ratio of 3.88 and a beta of 0.94. The company has a 50-day moving average price of $31.13 and a two-hundred day moving average price of $31.38. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29.

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 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, analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.4325 per share. The ex-dividend date is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.41%. VICI Properties's dividend payout ratio (DPR) is 67.58%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Stifel Nicolaus upped their target price on shares of VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research report on Thursday. JMP Securities restated a "market outperform" rating and set a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Barclays lifted their target price on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Finally, Mizuho lowered their target price on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $34.23.

VICI Properties Company 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.