VICI Properties Inc. (NYSE:VICI) Shares Sold by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lowered its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 12.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 725,989 shares of the company's stock after selling 98,840 shares during the period. Skandinaviska Enskilda Banken AB publ owned approximately 0.07% of VICI Properties worth $21,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted 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 purchasing an additional 431 shares during the last quarter. Kestra Investment Management LLC purchased a new position in shares of VICI Properties during the fourth quarter worth approximately $33,000. Whipplewood Advisors LLC purchased a new position in shares of VICI Properties during the fourth quarter worth approximately $40,000. Continuum Advisory LLC increased its position 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 worth $50,000 after acquiring an additional 374 shares during the period. Finally, Brown Brothers Harriman & Co. increased its position in shares of VICI Properties by 512.6% during the third quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock worth $65,000 after acquiring an additional 1,630 shares during the period. Institutional investors own 97.71% of the company's stock.

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VICI Properties Stock Up 0.5 %

VICI traded up $0.17 during trading on Tuesday, hitting $32.66. The stock had a trading volume of 7,089,291 shares, compared to its average volume of 7,186,102. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29. The stock has a 50 day simple moving average of $30.57 and a two-hundred day simple moving average of $31.45. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The company has a market capitalization of $34.49 billion, a PE ratio of 12.76, a PEG ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $969.29 million. On average, research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently disclosed 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 of this dividend is Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.30%. VICI Properties's payout ratio is currently 67.58%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on VICI shares. Truist Financial reduced their target price on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. KeyCorp reaffirmed a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Mizuho cut their price objective on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Stifel Nicolaus lifted their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a report on Friday, February 21st. Finally, Barclays lifted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.20.

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.