SG Americas Securities LLC Has $819,000 Position in VICI Properties Inc. (NYSE:VICI)

SG Americas Securities LLC decreased its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 69.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,048 shares of the company's stock after selling 64,492 shares during the period. SG Americas Securities LLC's holdings in VICI Properties were worth $819,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VICI. Quarry LP increased its stake in shares of VICI Properties by 780.5% during the 2nd quarter. Quarry LP now owns 1,127 shares of the company's stock worth $32,000 after purchasing an additional 999 shares during the last quarter. Continuum Advisory LLC increased its position in VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after buying an additional 374 shares during the last quarter. UMB Bank n.a. increased its position in VICI Properties by 37.4% during the third quarter. UMB Bank n.a. now owns 1,880 shares of the company's stock worth $63,000 after buying an additional 512 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in VICI Properties by 512.6% in the third quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock valued at $65,000 after buying an additional 1,630 shares during the period. Finally, Harbor Capital Advisors Inc. acquired a new stake in shares of VICI Properties in the third quarter valued at approximately $67,000. Institutional investors and hedge funds own 97.71% of the company's stock.

Analyst Ratings Changes

VICI has been the subject of a number of research analyst reports. Barclays began coverage on shares of VICI Properties in a research report on Friday, January 10th. They set an "overweight" rating and a $36.00 price objective for the company. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Truist Financial cut their price objective on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. 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. Finally, JMP Securities reissued a "market outperform" rating and set a $35.00 price target on shares of VICI Properties in a report on Monday. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, VICI Properties presently has an average rating of "Moderate Buy" and a consensus target price of $34.33.

VICI Properties Price Performance

Shares of NYSE:VICI traded up $0.16 during trading on Thursday, reaching $29.80. 5,734,695 shares of the company traded hands, compared to its average volume of 7,173,757. 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 Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The firm has a market capitalization of $31.41 billion, a PE ratio of 11.04, a PEG ratio of 3.76 and a beta of 0.94. The company's 50 day moving average is $30.19 and its two-hundred day moving average is $31.51.

VICI Properties Dividend Announcement

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. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.81%. VICI Properties's payout ratio is 64.07%.

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.