VICI Properties Inc. (NYSE:VICI) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lowered its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 879,187 shares of the company's stock after selling 28,477 shares during the period. Stifel Financial Corp owned about 0.08% of VICI Properties worth $25,681,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Atria Wealth Solutions Inc. lifted its holdings in VICI Properties by 145.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock valued at $1,189,000 after purchasing an additional 24,159 shares in the last quarter. Oxbow Advisors LLC acquired a new stake in VICI Properties in the 4th quarter worth about $3,817,000. CHURCHILL MANAGEMENT Corp increased its stake in VICI Properties by 2.9% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock worth $9,103,000 after buying an additional 8,834 shares in the last quarter. Border to Coast Pensions Partnership Ltd raised its holdings in shares of VICI Properties by 40.0% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company's stock valued at $13,282,000 after acquiring an additional 130,000 shares during the last quarter. Finally, Brookstone Capital Management purchased a new position in shares of VICI Properties in the fourth quarter valued at approximately $359,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on VICI shares. JMP Securities reiterated a "market outperform" rating and set a $35.00 price target on shares of VICI Properties in a research report on Monday, January 27th. Wells Fargo & Company increased their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Mizuho boosted 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. Stifel Nicolaus increased their price objective on shares of VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a report on Thursday, March 27th. Finally, Barclays boosted their target price on VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $34.93.

VICI Properties Trading Down 0.1 %

NYSE:VICI traded down $0.04 on Tuesday, reaching $32.21. 1,440,290 shares of the company's stock were exchanged, compared to its average volume of 6,003,344. The firm has a market capitalization of $34.03 billion, a price-to-earnings ratio of 12.59, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. VICI Properties Inc. has a 52-week low of $27.53 and a 52-week high of $34.29. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The business has a fifty day moving average of $31.87 and a 200-day moving average of $31.14.

VICI Properties (NYSE:VICI - Get Free Report) last released 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. As a group, analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current 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 given a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties's dividend payout ratio is currently 67.58%.

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.