Black Swift Group LLC Sells 8,355 Shares of VICI Properties Inc. (NYSE:VICI)

Black Swift Group LLC decreased its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 9.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 76,370 shares of the company's stock after selling 8,355 shares during the period. Black Swift Group LLC's holdings in VICI Properties were worth $2,231,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in VICI. Stephens Inc. AR grew its holdings in shares of VICI Properties by 18.8% in the third quarter. Stephens Inc. AR now owns 15,228 shares of the company's stock worth $507,000 after purchasing an additional 2,405 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of VICI Properties by 50.7% in the third quarter. Farther Finance Advisors LLC now owns 9,708 shares of the company's stock worth $323,000 after purchasing an additional 3,268 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of VICI Properties in the third quarter worth approximately $67,000. Robeco Institutional Asset Management B.V. grew its holdings in shares of VICI Properties by 10.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 754,437 shares of the company's stock worth $25,130,000 after purchasing an additional 68,838 shares during the last quarter. Finally, National Pension Service lifted its stake in VICI Properties by 14.5% in the third quarter. National Pension Service now owns 2,025,737 shares of the company's stock worth $67,477,000 after acquiring an additional 257,000 shares during the period. Institutional investors own 97.71% of the company's stock.

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VICI Properties Stock Up 2.1 %

VICI Properties stock traded up $0.68 on Friday, hitting $32.65. 10,922,811 shares of the stock traded hands, compared to its average volume of 5,458,127. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The firm has a market cap of $34.49 billion, a P/E ratio of 12.76, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94. The business's fifty day simple moving average is $30.22 and its 200 day simple moving average is $31.48. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last announced 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). The firm had revenue of $976.05 million for the quarter, compared to analysts' expectations of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. As a group, sell-side analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be given a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.30%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties's dividend payout ratio is presently 67.58%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on VICI shares. Stifel Nicolaus raised their price target on VICI Properties from $33.75 to $34.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Mizuho dropped their price target on VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, January 8th. KeyCorp reaffirmed a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Wedbush lowered VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, Truist Financial dropped their price target on VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $34.30.

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.