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

Blair William & Co. IL increased its position in shares of VICI Properties Inc. (NYSE:VICI) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,939 shares of the company’s stock after purchasing an additional 14,892 shares during the period. 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 institutional investors have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of VICI Properties by 13.3% in the third quarter. FMR LLC now owns 3,386,136 shares of the company’s stock valued at $112,792,000 after buying an additional 397,650 shares during the period. D.A. Davidson & CO. lifted its holdings in VICI Properties by 35.9% in the 3rd quarter. D.A. Davidson & CO. now owns 10,654 shares of the company’s stock valued at $355,000 after acquiring an additional 2,815 shares during the last quarter. Glenmede Trust Co. NA boosted its position in shares of VICI Properties by 1.8% during the 3rd quarter. Glenmede Trust Co. NA now owns 31,415 shares of the company’s stock valued at $1,046,000 after purchasing an additional 543 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of VICI Properties in the 3rd quarter worth approximately $717,000. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of VICI Properties by 8.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company’s stock worth $18,268,000 after purchasing an additional 40,733 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on VICI shares. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. JMP Securities reaffirmed a “market outperform” rating and set a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. Truist Financial dropped their price target on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $34.23.

VICI Properties Stock Performance

VICI stock opened at $32.68 on Tuesday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $34.54 billion, a price-to-earnings ratio of 12.77, a P/E/G ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The firm has a 50 day moving average of $31.19 and a two-hundred day moving average of $31.34.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data 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 net margin of 69.59% and a return on equity of 10.24%. The company had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. As a group, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed 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. This represents a $1.73 annualized dividend and a dividend yield of 5.29%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties’s dividend payout ratio is currently 67.58%.

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.