Banco Bilbao Vizcaya Argentaria S.A. Sells 11,800 Shares of VICI Properties Inc. (NYSE:VICI)

Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 33.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,254 shares of the company's stock after selling 11,800 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in VICI Properties were worth $678,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VICI. Transce3nd LLC bought a new stake in shares of VICI Properties in the 4th quarter worth $28,000. Venturi Wealth Management LLC boosted its holdings in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC purchased a new position in VICI Properties in the 4th quarter worth $33,000. Whipplewood Advisors LLC bought a new position in shares of VICI Properties in the fourth quarter worth approximately $40,000. Finally, Cromwell Holdings LLC lifted its holdings in VICI Properties by 31.3% in the 4th quarter. Cromwell Holdings LLC now owns 2,074 shares of the company's stock worth $61,000 after buying an additional 494 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Stock Down 1.6 %

Shares of VICI Properties stock traded down $0.51 during trading hours on Thursday, hitting $31.51. 8,722,400 shares of the company's stock traded hands, compared to its average volume of 6,056,342. The stock has a 50 day simple moving average of $31.90 and a 200-day simple moving average of $31.14. VICI Properties Inc. has a twelve month low of $27.53 and a twelve month high of $34.29. The company has a market cap of $33.29 billion, a PE ratio of 12.31, a PEG ratio of 3.88 and a beta of 0.70. 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 (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.58. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The business had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same period in the previous year, the firm posted $0.56 earnings per share. The business's revenue was up 3.4% on a year-over-year basis. Equities research analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were issued a $0.4325 dividend. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.49%. VICI Properties's dividend payout ratio is currently 67.58%.

Analyst Ratings Changes

VICI has been the subject of several recent analyst reports. JMP Securities restated a "market outperform" rating and issued a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Stifel Nicolaus upped their price target on VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research note on Thursday. Wells Fargo & Company boosted their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Truist Financial upped their price target on shares of VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, April 23rd. Finally, Wedbush cut shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $35.07.

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.