Virtu Financial LLC Makes New $307,000 Investment in VICI Properties Inc. (NYSE:VICI)

Virtu Financial LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,494 shares of the company's stock, valued at approximately $307,000.

Several other hedge funds have also added to or reduced their stakes in the stock. D.A. Davidson & CO. increased its holdings in VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after acquiring an additional 340 shares during the last quarter. Carret Asset Management LLC raised its holdings in VICI Properties by 0.5% during the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock valued at $2,034,000 after acquiring an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC lifted its position in shares of VICI Properties by 0.9% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock worth $1,206,000 after acquiring an additional 372 shares in the last quarter. Continuum Advisory LLC boosted its holdings in shares of VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after acquiring an additional 374 shares during the period. Finally, V Square Quantitative Management LLC lifted its holdings in VICI Properties by 3.3% during the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock worth $357,000 after purchasing an additional 391 shares in the last quarter. Institutional investors own 97.71% of the company's stock.

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Analyst Ratings Changes

A number of research firms have recently commented on VICI. Barclays raised their price objective 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. JMP Securities reissued a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Wedbush cut VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Stifel Nicolaus raised their price target on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a report on Thursday. Finally, KeyCorp restated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $34.23.

VICI Properties Trading Up 0.3 %

Shares of VICI Properties stock traded up $0.11 during trading on Friday, reaching $31.99. The company's stock had a trading volume of 4,731,126 shares, compared to its average volume of 5,825,965. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The firm's 50-day moving average is $31.13 and its two-hundred day moving average is $31.36. The company has a market cap of $33.80 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last released 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 analysts' expectations of $969.29 million. On average, sell-side analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be issued 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 5.41%. VICI Properties's dividend payout ratio 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.