Css LLC Il Buys New Stake in VICI Properties Inc. (NYSE:VICI)

CSS LLC IL purchased a new position in VICI Properties Inc. (NYSE:VICI - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,100 shares of the company's stock, valued at approximately $353,000.

A number of other large investors have also recently bought and sold shares of VICI. Atria Wealth Solutions Inc. increased its stake in shares of VICI Properties by 145.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock valued at $1,189,000 after acquiring an additional 24,159 shares during the period. Oxbow Advisors LLC purchased a new position in VICI Properties during the 4th quarter worth approximately $3,817,000. Merit Financial Group LLC purchased a new position in VICI Properties during the 4th quarter worth approximately $693,000. Kestra Private Wealth Services LLC grew its position in VICI Properties by 67.8% during the 4th quarter. Kestra Private Wealth Services LLC now owns 33,395 shares of the company's stock worth $975,000 after purchasing an additional 13,491 shares in the last quarter. Finally, Atria Investments Inc grew its position in VICI Properties by 86.6% during the 4th quarter. Atria Investments Inc now owns 49,341 shares of the company's stock worth $1,441,000 after purchasing an additional 22,897 shares in the last quarter. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

VICI Properties stock traded up $0.24 on Tuesday, reaching $31.71. 3,215,420 shares of the stock were exchanged, compared to its average volume of 6,004,636. The stock has a market cap of $33.51 billion, a PE ratio of 12.39, a PEG ratio of 3.88 and a beta of 0.74. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a twelve month low of $27.53 and a twelve month high of $34.29. The firm has a fifty day moving average price of $31.65 and a two-hundred day moving average price of $31.05.

VICI Properties (NYSE:VICI - Get Free Report) last posted 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 net margin of 69.59% and a return on equity of 10.24%. The company had revenue of $984.20 million for the quarter, compared to the consensus estimate of $976.51 million. During the same quarter in the previous year, the firm posted $0.56 EPS. The business's revenue was up 3.4% compared to the same quarter last year. Sell-side analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.46%. VICI Properties's payout ratio is 69.20%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Truist Financial lifted their target price on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, April 23rd. JMP Securities reissued a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Mizuho lifted their target price on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. Barclays lifted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Finally, Wells Fargo & Company lifted their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $35.18.

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.