Rhumbline Advisers cut its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,935,253 shares of the company's stock after selling 15,447 shares during the quarter. Rhumbline Advisers owned 0.18% of VICI Properties worth $56,529,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Continuum Advisory LLC grew its stake in shares of VICI Properties by 30.5% during 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 in the last quarter. Brown Brothers Harriman & Co. increased its holdings 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 purchasing an additional 1,630 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of VICI Properties in the 3rd quarter valued at approximately $67,000. Quent Capital LLC boosted its stake in shares of VICI Properties by 27.1% during the 4th quarter. Quent Capital LLC now owns 2,194 shares of the company's stock valued at $64,000 after buying an additional 468 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its position in shares of VICI Properties by 1,774.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 2,343 shares of the company's stock worth $78,000 after buying an additional 2,218 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
VICI has been the topic of a number of research analyst reports. JMP Securities reiterated a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Mizuho decreased 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 report on Wednesday, January 8th. Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, Barclays cut their target price on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $34.22.
Get Our Latest Stock Analysis on VICI Properties
VICI Properties Price Performance
VICI Properties stock traded up $0.27 during mid-day trading on Thursday, hitting $30.75. The company's stock had a trading volume of 4,572,321 shares, compared to its average volume of 6,293,754. The stock has a market capitalization of $32.41 billion, a P/E ratio of 11.39, a P/E/G ratio of 3.83 and a beta of 0.95. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29. The stock's fifty day moving average price is $29.60 and its two-hundred day moving average price is $31.43. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.
VICI Properties (NYSE:VICI - Get Free Report) last announced its 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 10.80% and a net margin of 73.90%. Research analysts forecast that VICI Properties Inc. will post 2.26 earnings per share for the current year.
VICI Properties Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties's dividend payout ratio is presently 64.07%.
VICI Properties 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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