VICI Properties Inc. (NYSE:VICI) Position Lifted by Blair William & Co. IL

Blair William & Co. IL raised its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,939 shares of the company's stock after acquiring an additional 14,892 shares during the quarter. Blair William & Co. IL's holdings in VICI Properties were worth $4,321,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VICI. Venturi Wealth Management LLC lifted its stake in shares of VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC purchased a new position in VICI Properties during the fourth quarter worth about $33,000. Whipplewood Advisors LLC acquired a new stake in VICI Properties in the 4th quarter worth about $40,000. Continuum Advisory LLC grew its holdings in VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after buying an additional 374 shares during the period. Finally, Cromwell Holdings LLC increased its stake in shares of VICI Properties by 31.3% during the 4th quarter. Cromwell Holdings LLC now owns 2,074 shares of the company's stock valued at $61,000 after acquiring an additional 494 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on VICI. Barclays boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Wells Fargo & Company upped their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Truist Financial cut their target price 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. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Finally, JMP Securities restated a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and eight have issued 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.

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VICI Properties Stock Down 1.2 %

NYSE VICI traded down $0.39 on Thursday, reaching $31.80. The company had a trading volume of 5,571,783 shares, compared to its average volume of 7,162,129. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm has a 50-day moving average of $31.29 and a 200-day moving average of $31.34. The firm has a market capitalization of $33.60 billion, a PE ratio of 12.42, a P/E/G ratio of 3.88 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last released 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). The firm had revenue of $976.05 million for the quarter, compared to analysts' expectations of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. On average, equities research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.4325 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.44%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.

VICI Properties Company 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.