Schroder Investment Management Group Sells 11,953 Shares of VICI Properties Inc. (NYSE:VICI)

Schroder Investment Management Group decreased its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 12.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,526 shares of the company's stock after selling 11,953 shares during the quarter. Schroder Investment Management Group's holdings in VICI Properties were worth $2,557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Walleye Capital LLC bought a new stake in VICI Properties during the third quarter worth $717,000. Captrust Financial Advisors lifted its position in shares of VICI Properties by 4.6% during the 3rd quarter. Captrust Financial Advisors now owns 34,861 shares of the company's stock valued at $1,161,000 after buying an additional 1,533 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in shares of VICI Properties during the 3rd quarter valued at $409,000. Integrated Wealth Concepts LLC lifted its position in shares of VICI Properties by 138.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 38,123 shares of the company's stock valued at $1,270,000 after buying an additional 22,119 shares during the last quarter. Finally, IHT Wealth Management LLC bought a new position in VICI Properties in the 3rd quarter worth about $223,000. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Down 1.7 %

VICI stock traded down $0.51 during midday trading on Thursday, hitting $30.28. The stock had a trading volume of 1,400,589 shares, compared to its average volume of 5,958,346. The firm has a market cap of $32.00 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. The business has a 50-day moving average of $31.37 and a two-hundred day moving average of $31.20. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

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VICI Properties (NYSE:VICI - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $969.29 million. As a group, equities research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.71%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) is currently 67.58%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VICI. Wells Fargo & Company upped their target price on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Barclays increased their target price on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. JMP Securities restated a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, Wedbush cut VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, VICI Properties has a consensus rating of "Moderate Buy" and a consensus target price 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.