Linden Thomas Advisory Services LLC Has $4.24 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Linden Thomas Advisory Services LLC lifted its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 6.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,877 shares of the company's stock after buying an additional 7,804 shares during the quarter. VICI Properties accounts for 0.5% of Linden Thomas Advisory Services LLC's portfolio, making the stock its 28th biggest holding. Linden Thomas Advisory Services LLC's holdings in VICI Properties were worth $4,237,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Transce3nd LLC purchased a new stake in shares of VICI Properties in the fourth quarter valued at $28,000. Wayfinding Financial LLC purchased a new stake in shares of VICI Properties in the first quarter valued at $29,000. CoreCap Advisors LLC lifted its position in shares of VICI Properties by 5,555.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after acquiring an additional 1,000 shares in the last quarter. Quarry LP lifted its position in shares of VICI Properties by 404.1% in the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock valued at $33,000 after acquiring an additional 897 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its position in shares of VICI Properties by 362.2% in the first quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company's stock valued at $33,000 after acquiring an additional 786 shares in the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research report on Thursday, May 1st. Robert W. Baird upped their target price on VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Morgan Stanley upped their target price on VICI Properties from $33.00 to $35.00 and gave the company an "equal weight" rating in a research note on Tuesday. Mizuho upped their target price on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. Finally, Truist Financial upped their price target on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $35.38.

VICI Properties Stock Performance

Shares of VICI Properties stock traded down $0.06 on Wednesday, reaching $32.95. 6,627,721 shares of the company were exchanged, compared to its average volume of 5,947,532. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.53 and a current ratio of 2.53. The company's 50-day moving average is $32.05 and its two-hundred day moving average is $31.24. The firm has a market cap of $34.82 billion, a price-to-earnings ratio of 13.18, a P/E/G ratio of 3.74 and a beta of 0.70. VICI Properties Inc. has a 1-year low of $27.54 and a 1-year high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting the consensus estimate of $0.58. The firm had revenue of $984.20 million for the quarter, compared to analysts' expectations of $976.51 million. VICI Properties had a return on equity of 9.88% and a net margin of 67.81%. The firm's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm earned $0.56 EPS. As a group, research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.25%. The ex-dividend date is Wednesday, June 18th. VICI Properties's dividend payout ratio is presently 69.20%.

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.