Groupama Asset Managment Decreases Stock Position in VICI Properties Inc. (NYSE:VICI)

Groupama Asset Managment trimmed its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 90.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,385 shares of the company's stock after selling 92,826 shares during the period. Groupama Asset Managment's holdings in VICI Properties were worth $272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC increased its position in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after acquiring an additional 431 shares during the period. Kestra Investment Management LLC purchased a new position in shares of VICI Properties during the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC acquired a new position in shares of VICI Properties in the 4th quarter valued at $40,000. Continuum Advisory LLC boosted its position in 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 purchasing an additional 374 shares in the last quarter. Finally, Cromwell Holdings LLC increased its position in shares of VICI Properties by 31.3% in the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company's stock valued at $61,000 after buying an additional 494 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Trading Down 2.2 %

VICI traded down $0.67 on Monday, hitting $29.92. The company had a trading volume of 5,115,332 shares, compared to its average volume of 5,898,998. The company's fifty day moving average price is $31.36 and its 200 day moving average price is $31.28. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. 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 $31.62 billion, a P/E ratio of 11.64, a PEG ratio of 3.88 and a beta of 0.70.

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VICI Properties (NYSE:VICI - Get Free Report) last issued 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 during the quarter, compared to analyst estimates of $969.29 million. As a group, equities analysts expect 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 was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) is 67.58%.

Analysts Set New Price Targets

A number of research firms recently issued reports on VICI. JMP Securities reissued a "market outperform" rating and issued a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Truist Financial dropped their target price on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Barclays boosted 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. Stifel Nicolaus raised their target price on shares of VICI Properties from $34.00 to $34.25 and gave the stock a "buy" rating in a research note on Thursday, March 27th. Finally, Wells Fargo & Company boosted their target price on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $34.63.

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.