UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 183,892 Shares of VICI Properties Inc. (NYSE:VICI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,752,923 shares of the company's stock after selling 183,892 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.83% of VICI Properties worth $255,673,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Atria Wealth Solutions Inc. increased its holdings in shares of VICI Properties by 145.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock worth $1,189,000 after acquiring an additional 24,159 shares during the last quarter. Oxbow Advisors LLC acquired a new position in shares of VICI Properties in the fourth quarter valued at $3,817,000. Merit Financial Group LLC bought a new position in shares of VICI Properties in the fourth quarter valued at about $693,000. Kestra Private Wealth Services LLC lifted its stake in shares of 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 buying an additional 13,491 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings in shares of 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 buying an additional 22,897 shares during the period. Institutional investors own 97.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Truist Financial raised their price objective 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. Wells Fargo & Company boosted their price target on VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. JMP Securities reiterated a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Stifel Nicolaus boosted their target price on shares of VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research report on Thursday, May 1st. Finally, Mizuho raised their price target on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $35.18.

VICI Properties Stock Down 1.7%

Shares of VICI opened at $31.37 on Thursday. The firm has a 50 day simple moving average of $31.72 and a two-hundred day simple moving average of $31.06. 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 Inc. has a one year low of $27.53 and a one year high of $34.29. The company has a market cap of $33.14 billion, a P/E ratio of 12.25, a P/E/G ratio of 3.88 and a beta of 0.74.

VICI Properties (NYSE:VICI - Get Free Report) last posted 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 return on equity of 10.24% and a net margin of 69.59%. The company had revenue of $984.20 million during the quarter, compared to analysts' expectations of $976.51 million. During the same quarter in the previous year, the firm earned $0.56 EPS. VICI Properties's revenue was up 3.4% on a year-over-year basis. Research analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal 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 paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.52%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties's payout ratio is 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.

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