Css LLC Il Invests $353,000 in VICI Properties Inc. (NYSE:VICI)

CSS LLC IL purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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. Transce3nd LLC bought a new stake in shares of VICI Properties in the 4th quarter valued at $28,000. CoreCap Advisors LLC grew its holdings in VICI Properties by 5,555.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares during the period. Venturi Wealth Management LLC increased its stake in VICI Properties by 64.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC bought a new stake in VICI Properties in the fourth quarter valued at $33,000. Finally, Quarry LP raised its holdings in shares of VICI Properties by 404.1% during the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock valued at $33,000 after purchasing an additional 897 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VICI. Wells Fargo & Company increased their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. Truist Financial increased their price target on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, April 23rd. Barclays raised their price objective on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Stifel Nicolaus upped their target price on VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Finally, Mizuho increased their target price on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $35.18.

VICI Properties Stock Down 0.7%

Shares of NYSE:VICI traded down $0.22 during mid-day trading on Wednesday, hitting $31.54. 1,419,473 shares of the company traded hands, compared to its average volume of 5,987,359. The stock has a 50-day moving average price of $31.65 and a two-hundred day moving average price of $31.05. VICI Properties Inc. has a 12-month low of $27.53 and a 12-month high of $34.29. The stock has a market cap of $33.32 billion, a P/E ratio of 12.32, a P/E/G 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 (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, meeting 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 for the quarter, compared to analysts' expectations of $976.51 million. During the same period last year, the business earned $0.56 EPS. The business's revenue was up 3.4% on a year-over-year basis. On average, equities research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were given a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date was Thursday, March 20th. VICI Properties's payout ratio is 69.20%.

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.