Barnett & Company Inc. Has $1.45 Million Stake in VICI Properties Inc. (NYSE:VICI)

Barnett & Company Inc. raised its stake in shares of VICI Properties Inc. (NYSE:VICI) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,650 shares of the company’s stock after buying an additional 1,900 shares during the quarter. Barnett & Company Inc.’s holdings in VICI Properties were worth $1,450,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Prudential Financial Inc. increased its holdings in shares of VICI Properties by 125.9% in the fourth quarter. Prudential Financial Inc. now owns 1,659,922 shares of the company’s stock worth $48,486,000 after acquiring an additional 925,041 shares in the last quarter. Mizuho Securities USA LLC increased its stake in VICI Properties by 47.1% during the 4th quarter. Mizuho Securities USA LLC now owns 99,912 shares of the company’s stock worth $2,918,000 after purchasing an additional 32,008 shares in the last quarter. Virtu Financial LLC acquired a new stake in VICI Properties during the 4th quarter worth approximately $307,000. OLD Point Trust & Financial Services N A lifted its stake in VICI Properties by 14.4% in the fourth quarter. OLD Point Trust & Financial Services N A now owns 5,150 shares of the company’s stock valued at $150,000 after buying an additional 650 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of VICI Properties by 37.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 563,320 shares of the company’s stock valued at $16,455,000 after buying an additional 152,975 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VICI. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. JMP Securities reissued a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Wells Fargo & Company raised their price target on shares of VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Monday, March 10th. Stifel Nicolaus boosted their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and a consensus target price of $34.20.

VICI Properties Stock Performance

Shares of VICI opened at $31.51 on Monday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm has a 50-day moving average of $30.84 and a 200-day moving average of $31.41. The company has a market cap of $33.28 billion, a PE ratio of 12.31, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29.

VICI Properties (NYSE:VICI) last posted 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 business had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. As a group, equities analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be given a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.49%. The ex-dividend date is Thursday, March 20th. VICI Properties’s payout ratio is presently 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.