VICI Properties Inc. (NYSE:VICI) Short Interest Up 49.8% in January

VICI Properties Inc. (NYSE:VICI - Get Free Report) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 38,990,000 shares, a growth of 49.8% from the January 15th total of 26,030,000 shares. Based on an average daily volume of 5,770,000 shares, the short-interest ratio is presently 6.8 days.

VICI Properties Price Performance

Shares of NYSE VICI traded up $0.13 during midday trading on Wednesday, hitting $30.49. The stock had a trading volume of 3,293,298 shares, compared to its average volume of 6,215,333. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $29.63 and a 200-day simple moving average of $31.45. The company has a market capitalization of $32.14 billion, a PE ratio of 11.29, a P/E/G ratio of 3.83 and a beta of 0.95. VICI Properties has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date was Tuesday, December 17th. VICI Properties's payout ratio is 64.07%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on VICI shares. Barclays decreased their price objective on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Truist Financial lowered their price objective on VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. JMP Securities reaffirmed a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. Mizuho lowered their price target 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. Finally, Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $34.22.

Hedge Funds Weigh In On VICI Properties

A number of institutional investors and hedge funds have recently bought and sold shares of the business. D.A. Davidson & CO. grew its position in shares of VICI Properties by 3.2% in the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock valued at $321,000 after purchasing an additional 340 shares in the last quarter. Carret Asset Management LLC grew its holdings in VICI Properties by 0.5% in the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock valued at $2,034,000 after buying an additional 354 shares in the last quarter. Carmel Capital Partners LLC increased its stake in shares of VICI Properties by 1.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company's stock worth $1,177,000 after acquiring an additional 367 shares during the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in shares of VICI Properties by 0.9% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock worth $1,206,000 after acquiring an additional 372 shares during the period. Finally, Continuum Advisory LLC boosted its position in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after acquiring an additional 374 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

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.