Massachusetts Financial Services Co. MA decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,190,756 shares of the company's stock after selling 19,027 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.59% of VICI Properties worth $180,832,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the stock. Venturi Wealth Management LLC boosted its stake in VICI Properties by 64.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after buying an additional 431 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of VICI Properties in the 4th quarter worth approximately $33,000. Whipplewood Advisors LLC purchased a new stake in shares of VICI Properties in the 4th quarter valued at $40,000. Continuum Advisory LLC grew its holdings in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after purchasing an additional 374 shares during the last quarter. Finally, Cromwell Holdings LLC raised its position in 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 purchasing an additional 494 shares during the period. 97.71% of the stock is currently owned by institutional investors.
VICI Properties Trading Down 2.2 %
NYSE VICI traded down $0.67 during trading on Monday, hitting $29.92. The company had a trading volume of 5,115,332 shares, compared to its average volume of 5,898,998. The company's fifty day moving average is $31.36 and its 200-day moving average is $31.28. The company has a market cap of $31.62 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. 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 one year low of $27.08 and a one year high of $34.29.
VICI Properties (NYSE:VICI - Get Free Report) last issued 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). 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 during the quarter, compared to analysts' expectations of $969.29 million. On average, sell-side analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.
VICI Properties Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors 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 yield of 5.78%. VICI Properties's payout ratio is 67.58%.
Analysts Set New Price Targets
VICI has been the subject of several analyst reports. JMP Securities restated a "market outperform" rating and set a $35.00 price target on shares of VICI Properties in a research report on Monday, January 27th. Truist Financial reduced their price target on VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Mizuho increased their price objective on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday. Wells Fargo & Company raised their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Finally, Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, VICI Properties presently has an average rating of "Moderate Buy" and a consensus target price of $34.63.
Get Our Latest Stock 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.
Recommended Stories
Before you consider VICI Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VICI Properties wasn't on the list.
While VICI Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
