Swiss National Bank Sells 137,800 Shares of VICI Properties Inc. (NYSE:VICI)

Swiss National Bank lessened its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 4.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,958,304 shares of the company's stock after selling 137,800 shares during the period. Swiss National Bank owned approximately 0.28% of VICI Properties worth $86,412,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. State Street Corp boosted its position in shares of VICI Properties by 2.1% during the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company's stock valued at $1,873,869,000 after purchasing an additional 1,164,717 shares in the last quarter. Geode Capital Management LLC raised its holdings in VICI Properties by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 28,475,659 shares of the company's stock worth $945,712,000 after buying an additional 608,696 shares during the period. Principal Financial Group Inc. lifted its stake in VICI Properties by 0.5% during the fourth quarter. Principal Financial Group Inc. now owns 24,202,538 shares of the company's stock valued at $706,962,000 after buying an additional 130,659 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of VICI Properties by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,209,337 shares of the company's stock worth $356,635,000 after acquiring an additional 385,649 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of VICI Properties by 599.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock valued at $297,685,000 after acquiring an additional 7,658,819 shares during the period. Institutional investors own 97.71% of the company's stock.

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Analyst Ratings Changes

A number of equities analysts recently commented on VICI shares. Truist Financial decreased 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 note on Tuesday, January 14th. Stifel Nicolaus lifted their price target on VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a report on Friday, February 21st. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Mizuho lowered their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 8th. Finally, Barclays increased their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $34.20.

VICI Properties Stock Down 0.9 %

Shares of VICI traded down $0.30 during mid-day trading on Wednesday, hitting $32.38. 7,772,676 shares of the company's stock were exchanged, compared to its average volume of 5,503,224. 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 twelve month low of $27.08 and a twelve month high of $34.29. The firm has a fifty day moving average of $30.64 and a two-hundred day moving average of $31.45. The stock has a market cap of $34.20 billion, a price-to-earnings ratio of 12.65, a P/E/G ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates 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 analyst estimates of $969.29 million. On average, sell-side analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be issued a $0.4325 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $1.73 annualized dividend and a yield of 5.34%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.

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.