Guggenheim Capital LLC cut its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 70.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 219,401 shares of the company's stock after selling 528,859 shares during the period. Guggenheim Capital LLC's holdings in VICI Properties were worth $6,409,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Canada Post Corp Registered Pension Plan purchased a new position in shares of VICI Properties during the 4th quarter valued at approximately $439,000. XTX Topco Ltd lifted its stake in shares of VICI Properties by 236.3% in the fourth quarter. XTX Topco Ltd now owns 33,190 shares of the company's stock worth $969,000 after buying an additional 23,321 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of VICI Properties by 15.4% during the 4th quarter. CreativeOne Wealth LLC now owns 87,203 shares of the company's stock worth $2,547,000 after purchasing an additional 11,628 shares during the last quarter. O ROURKE & COMPANY Inc increased its position in VICI Properties by 5.2% during the fourth quarter. O ROURKE & COMPANY Inc now owns 12,144 shares of the company's stock worth $355,000 after purchasing an additional 600 shares during the last quarter. Finally, TT Capital Management LLC purchased a new stake in shares of VICI Properties in the 4th quarter valued at approximately $3,609,000. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Trading Up 2.3 %
VICI stock traded up $0.76 during midday trading on Tuesday, hitting $32.91. The stock had a trading volume of 821,159 shares, compared to its average volume of 6,025,327. VICI Properties Inc. has a 12-month low of $27.53 and a 12-month high of $34.29. The company's 50-day moving average price is $31.66 and its 200 day moving average price is $31.13. The firm has a market cap of $34.77 billion, a PE ratio of 12.84, 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 (NYSE:VICI - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The business had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. On average, equities research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.
VICI Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties's dividend payout ratio is presently 67.58%.
Analyst Ratings Changes
Several analysts recently issued reports on VICI shares. JMP Securities restated a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Stifel Nicolaus increased their price objective on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research note on Thursday, March 27th. Mizuho lifted their price target on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, Barclays upped their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $34.63.
Read Our Latest Research Report on VICI Properties
VICI Properties Profile
(
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.
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