VICI Properties Inc. (NYSE:VICI) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,720,462 shares of the company's stock after selling 36,607 shares during the quarter. Victory Capital Management Inc. owned about 0.16% of VICI Properties worth $50,255,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

VICI has been the topic of a number of recent research reports. JMP Securities restated a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Truist Financial reduced their target price on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Stifel Nicolaus upped their price target on shares of VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a report on Friday, February 21st. Finally, Mizuho decreased their price objective on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, VICI Properties presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.20.

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VICI Properties Stock Up 2.7 %

VICI stock traded up $0.87 on Monday, hitting $33.52. 542,221 shares of the company's stock were exchanged, compared to its average volume of 5,440,231. The firm has a 50 day moving average price of $30.22 and a two-hundred day moving average price of $31.48. 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 Inc. has a 12-month low of $27.08 and a 12-month high of $34.29. The stock has a market cap of $35.41 billion, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly 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 firm had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. As a group, equities research analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be given a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.16%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties's dividend payout ratio is currently 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.