VICI Properties Inc. (NYSE:VICI) Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB lowered its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 3.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 695,004 shares of the company's stock after selling 25,801 shares during the quarter. Handelsbanken Fonder AB owned 0.07% of VICI Properties worth $22,671,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VICI. Transce3nd LLC acquired a new stake in VICI Properties in the 4th quarter valued at about $28,000. AdvisorNet Financial Inc lifted its stake in VICI Properties by 362.2% in the first quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company's stock worth $33,000 after acquiring an additional 786 shares during the last quarter. CoreCap Advisors LLC grew its holdings in VICI Properties by 5,555.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after acquiring an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC lifted its position in shares of VICI Properties by 64.1% during 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 during the last quarter. Finally, Quarry LP grew its stake in shares of VICI Properties by 404.1% during the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after purchasing an additional 897 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

Analysts Set New Price Targets

VICI has been the topic of a number of research analyst reports. Wells Fargo & Company raised their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Truist Financial boosted their price target on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Barclays raised their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Mizuho boosted their target price on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Finally, Stifel Nicolaus raised 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, May 1st. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $35.18.

VICI Properties Trading Down 0.2%

NYSE:VICI traded down $0.06 during trading hours on Thursday, reaching $32.42. 1,265,719 shares of the company were exchanged, compared to its average volume of 5,920,456. VICI Properties Inc. has a 52-week low of $27.53 and a 52-week high of $34.29. The stock has a 50 day simple moving average of $31.63 and a 200 day simple moving average of $31.06. The firm has a market cap of $34.26 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 3.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties (NYSE:VICI - Get Free Report) last released 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 analyst estimates of $976.51 million. During the same period in the previous year, the company posted $0.56 EPS. The company's revenue was up 3.4% compared to the same quarter last year. As a group, analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.4325 per share. The ex-dividend date is Wednesday, June 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.34%. 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.