2 weeks Ago By ABMN Staff
LPL Financial LLC trimmed its position in VICI Properties Inc. ( NYSE:VICI – Free Report ) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 1,020,112 shares of the company’s stock after selling 38,670 shares during the quarter. LPL Financial LLC owned approximately 0.10% of VICI Properties worth $29,797,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the business. Venturi Wealth Management LLC grew its stake in shares of VICI Properties by 64.1% during the fourth quarter.
Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock worth $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC bought a new position in VICI Properties during the fourth quarter worth about $33,000. Whipplewood Advisors LLC acquired a new position in shares of VICI Properties during the 4th quarter worth about $40,000.
Continuum Advisory LLC increased its stake in shares of VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after acquiring an additional 374 shares during the last quarter.
Finally, Cromwell Holdings LLC raised its position in shares of VICI Properties by 31.3% in the 4th quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock valued at $61,000 after acquiring an additional 494 shares during the period.
97.71% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of research analysts recently issued reports on the stock.
Mizuho decreased their price objective on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th.
JMP Securities restated a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th.
Wells Fargo & Company raised their price target on VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Monday, March 10th.
Finally, Barclays boosted their price objective on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th.
Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $34.23.
VICI Properties Price Performance Shares of VICI opened at $31.99 on Friday. The company has a quick ratio of 2.
61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.
VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.
29. The stock has a market capitalization of $33.80 billion, a P/E ratio of 12.
49, a P/E/G ratio of 3.88 and a beta of 0.94.
The company has a 50 day moving average of $31.13 and a 200-day moving average of $31.36.
VICI Properties ( NYSE:VICI – Get Free Report ) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.
67 by ($0.10). VICI Properties had a net margin of 69.
59% and a return on equity of 10.24%. The business had revenue of $976.
05 million during the quarter, compared to analyst estimates of $969.29 million. As a group, equities research analysts forecast that VICI Properties Inc.
will post 2.31 EPS for the current fiscal year. VICI Properties Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd.
Investors of record on Thursday, March 20th will be given a dividend of $0.4325 per share. The ex-dividend date of this dividend is Thursday, March 20th.
This represents a $1.73 annualized dividend and a yield of 5.41%.
VICI Properties’s dividend payout ratio (DPR) is presently 67.58%. VICI Properties Company 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.
Further Reading Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. ( NYSE:VICI – Free Report ).
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