Sei Investments Co. Has $79.54 Million Stock Position in VICI Properties Inc. (NYSE:VICI)

Sei Investments Co. lowered its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 21.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,722,878 shares of the company's stock after selling 723,933 shares during the quarter. Sei Investments Co. owned about 0.26% of VICI Properties worth $79,535,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Mizuho Securities USA LLC lifted its position in VICI Properties by 47.1% during the 4th quarter. Mizuho Securities USA LLC now owns 99,912 shares of the company's stock worth $2,918,000 after acquiring an additional 32,008 shares during the last quarter. Virtu Financial LLC acquired a new stake in VICI Properties in the 4th quarter valued at approximately $307,000. OLD Point Trust & Financial Services N A lifted its holdings in shares of VICI Properties by 14.4% during the fourth quarter. OLD Point Trust & Financial Services N A now owns 5,150 shares of the company's stock worth $150,000 after buying an additional 650 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of VICI Properties by 37.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 563,320 shares of the company's stock valued at $16,455,000 after acquiring an additional 152,975 shares during the period. Finally, Berkeley Capital Partners LLC grew its stake in shares of VICI Properties by 6.6% in the fourth quarter. Berkeley Capital Partners LLC now owns 86,806 shares of the company's stock worth $2,536,000 after acquiring an additional 5,355 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

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VICI Properties Price Performance

VICI stock traded down $0.01 during trading on Thursday, hitting $31.90. The company had a trading volume of 4,603,839 shares, compared to its average volume of 5,551,106. The company has a fifty day moving average price of $31.07 and a two-hundred day moving average price of $31.40. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The company has a market cap of $33.70 billion, a P/E ratio of 12.46, a P/E/G ratio of 3.88 and a beta of 0.94. 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 (NYSE:VICI - Get Free Report) last issued its earnings results 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 analyst estimates of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. Equities research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be given 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 yield of 5.42%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.

Analysts Set New Price Targets

VICI has been the subject of several research analyst reports. Barclays upped their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. JMP Securities reiterated a "market outperform" rating and issued a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. Wedbush cut VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company lifted their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, VICI Properties presently has an average rating of "Moderate Buy" and a consensus target price of $34.23.

VICI Properties 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.