Capital International Inc. CA Sells 21,094 Shares of VICI Properties Inc. (NYSE:VICI)

Capital International Inc. CA decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 11.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 161,924 shares of the company's stock after selling 21,094 shares during the period. Capital International Inc. CA's holdings in VICI Properties were worth $4,730,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. World Investment Advisors LLC purchased a new stake in shares of VICI Properties in the third quarter worth approximately $441,000. Wilmington Savings Fund Society FSB bought a new position in VICI Properties during the third quarter valued at approximately $125,000. Tidal Investments LLC raised its position in VICI Properties by 11.9% during the third quarter. Tidal Investments LLC now owns 52,678 shares of the company's stock valued at $1,755,000 after acquiring an additional 5,620 shares in the last quarter. Synovus Financial Corp raised its position in VICI Properties by 53.6% during the third quarter. Synovus Financial Corp now owns 22,198 shares of the company's stock valued at $739,000 after acquiring an additional 7,742 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in VICI Properties by 18.4% during the fourth quarter. GAMMA Investing LLC now owns 13,984 shares of the company's stock valued at $408,000 after acquiring an additional 2,172 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VICI has been the topic of several recent research reports. Wells Fargo & Company raised their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Barclays lifted their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. JMP Securities reissued a "market outperform" rating and issued a $35.00 price target on shares of VICI Properties in a research report on Monday, January 27th. Finally, Stifel Nicolaus lifted their price target on shares of VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $34.93.

VICI Properties Price Performance

Shares of NYSE:VICI traded down $0.11 during midday trading on Thursday, reaching $32.62. 2,076,225 shares of the company's stock were exchanged, compared to its average volume of 7,482,893. The company's 50 day simple moving average is $31.76 and its two-hundred day simple moving average is $31.15. The firm has a market capitalization of $34.46 billion, a PE ratio of 12.74, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. VICI Properties Inc. has a 12 month low of $27.53 and a 12 month high of $34.29. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

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 (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The firm had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. Equities research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.30%. The ex-dividend date was Thursday, March 20th. VICI Properties's payout ratio is presently 67.58%.

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.