Westpac Banking Corp lessened its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 5.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 165,087 shares of the company's stock after selling 10,015 shares during the period. Westpac Banking Corp's holdings in VICI Properties were worth $5,385,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC grew its holdings in shares of VICI Properties by 8.6% in the 4th quarter. FMR LLC now owns 3,678,416 shares of the company's stock valued at $107,447,000 after buying an additional 292,280 shares during the period. FIL Ltd lifted its position in VICI Properties by 1,764.8% in the 4th quarter. FIL Ltd now owns 50,330 shares of the company's stock valued at $1,470,000 after acquiring an additional 47,631 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in VICI Properties by 1.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 556,252 shares of the company's stock valued at $16,248,000 after acquiring an additional 7,815 shares in the last quarter. Townsquare Capital LLC lifted its position in VICI Properties by 13.0% in the 4th quarter. Townsquare Capital LLC now owns 27,248 shares of the company's stock valued at $796,000 after acquiring an additional 3,127 shares in the last quarter. Finally, Sagespring Wealth Partners LLC bought a new stake in VICI Properties in the 4th quarter valued at $280,000. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Stock Performance
Shares of NYSE:VICI traded down $0.08 on Friday, reaching $32.53. 8,746,825 shares of the company's stock were exchanged, compared to its average volume of 6,792,257. The company has a fifty day moving average of $32.84 and a 200-day moving average of $31.95. VICI Properties Inc. has a twelve month low of $27.98 and a twelve month high of $34.29. The company has a market capitalization of $34.69 billion, a price-to-earnings ratio of 12.46, a PEG ratio of 3.30 and a beta of 0.68. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.62.
VICI Properties (NYSE:VICI - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.60. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $991.59 million. VICI Properties had a net margin of 70.20% and a return on equity of 10.21%. The business's revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.57 EPS. On average, research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.
VICI Properties Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 18th were given a dividend of $0.4325 per share. The ex-dividend date was Wednesday, June 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.3%. VICI Properties's dividend payout ratio (DPR) is currently 66.28%.
Analyst Ratings Changes
Several equities research analysts recently commented on VICI shares. Robert W. Baird boosted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Stifel Nicolaus boosted their price target on shares of VICI Properties from $34.75 to $35.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. JMP Securities set a $35.00 price target on shares of VICI Properties in a research report on Tuesday, July 22nd. Morgan Stanley boosted their price target on shares of VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Finally, Citigroup reissued a "market outperform" rating on shares of VICI Properties in a research report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $35.40.
Get Our Latest Report on VICI
About VICI Properties
(
Free Report)
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.
Further Reading

Before you consider VICI Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VICI Properties wasn't on the list.
While VICI Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.