D. E. Shaw & Co. Inc. Sells 8,323 Shares of VICI Properties Inc. (NYSE:VICI)

D. E. Shaw & Co. Inc. lessened its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,249 shares of the company's stock after selling 8,323 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in VICI Properties were worth $2,899,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Transce3nd LLC purchased a new stake in VICI Properties in the fourth quarter worth about $28,000. CoreCap Advisors LLC grew its holdings in shares of VICI Properties by 5,555.6% during the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after buying an additional 1,000 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of VICI Properties by 64.1% during the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after buying an additional 431 shares during the last quarter. Quarry LP grew 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 buying an additional 897 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in shares of VICI Properties during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 97.71% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on VICI shares. Barclays increased their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. JMP Securities restated a "market outperform" rating and issued a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. Robert W. Baird raised their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Stifel Nicolaus increased their price target on shares of VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Finally, Truist Financial increased their price target on shares of VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, VICI Properties currently has a consensus rating of "Moderate Buy" and an average price target of $35.18.

VICI Properties Price Performance

VICI stock opened at $32.12 on Tuesday. VICI Properties Inc. has a 12 month low of $27.53 and a 12 month high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The company has a 50-day moving average price of $31.73 and a 200 day moving average price of $31.05. The stock has a market cap of $33.94 billion, a PE ratio of 12.55, a P/E/G ratio of 3.88 and a beta of 0.74.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting analysts' consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The firm had revenue of $984.20 million during the quarter, compared to analysts' expectations of $976.51 million. During the same period in the previous year, the company earned $0.56 EPS. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. Equities research analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were issued a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.39%. 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.

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