VICI Properties Inc. (NYSE:VICI) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 227.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 91,974 shares of the company's stock after buying an additional 63,926 shares during the quarter. SG Americas Securities LLC's holdings in VICI Properties were worth $3,000,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VICI. D.A. Davidson & CO. boosted its position in shares of VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock valued at $321,000 after purchasing an additional 340 shares during the period. Carret Asset Management LLC grew its position in shares of VICI Properties by 0.5% in the fourth quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock valued at $2,034,000 after purchasing an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC boosted its holdings in VICI Properties by 0.9% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after acquiring an additional 372 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in shares of VICI Properties by 3.1% during the fourth quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company's stock worth $369,000 after purchasing an additional 378 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its stake in shares of VICI Properties by 3.3% during the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock worth $357,000 after purchasing an additional 391 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

VICI opened at $32.10 on Friday. The company has a market capitalization of $33.92 billion, a price-to-earnings ratio of 12.54, a price-to-earnings-growth 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 Inc. has a 1-year low of $27.53 and a 1-year high of $34.29. The business has a 50 day moving average price of $31.74 and a two-hundred day moving average price of $31.05.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting 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 the consensus estimate of $976.51 million. During the same quarter in the prior year, the firm earned $0.56 EPS. The company's quarterly revenue was up 3.4% compared to the same quarter last year. Research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.39%. The ex-dividend date is Wednesday, June 18th. VICI Properties's payout ratio is 69.20%.

Wall Street Analyst Weigh In

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

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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