VICI Properties Inc. (NYSE:VICI) Shares Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 9.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,454 shares of the company’s stock after purchasing an additional 2,603 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in VICI Properties were worth $890,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its holdings in shares of VICI Properties by 3.2% in the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock valued at $321,000 after acquiring an additional 340 shares during the period. Sheaff Brock Investment Advisors LLC boosted its holdings in shares of 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 period. Continuum Advisory LLC boosted its holdings in shares of VICI Properties by 30.5% in the third 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 period. V Square Quantitative Management LLC boosted its holdings in shares of VICI Properties by 3.3% in the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock valued at $357,000 after acquiring an additional 391 shares during the period. Finally, Tcfg Wealth Management LLC boosted its holdings in shares of VICI Properties by 5.7% in the fourth quarter. Tcfg Wealth Management LLC now owns 7,792 shares of the company’s stock valued at $228,000 after acquiring an additional 417 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Trading Down 0.1 %

NYSE:VICI opened at $32.61 on Tuesday. The stock has a fifty day moving average price of $30.22 and a two-hundred day moving average price of $31.48. The stock has a market capitalization of $34.45 billion, a price-to-earnings ratio of 12.74, a PEG ratio of 3.88 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties (NYSE:VICI) last released its quarterly earnings data 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). The business had revenue of $976.05 million during the quarter, compared to analysts’ expectations of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. As a group, sell-side analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be given a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.30%. The ex-dividend date is Thursday, March 20th. VICI Properties’s payout ratio is 67.58%.

Wall Street Analyst Weigh In

VICI has been the subject of several research analyst reports. Mizuho decreased their price objective on 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 reissued a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Wells Fargo & Company upped their price target on VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Monday. Truist Financial cut their price target on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Stifel Nicolaus upped their price target on VICI Properties from $33.75 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.20.

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.