Allworth Financial LP Has $136,000 Position in VICI Properties Inc. (NYSE:VICI)

Allworth Financial LP boosted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 19.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,614 shares of the company’s stock after buying an additional 754 shares during the period. Allworth Financial LP’s holdings in VICI Properties were worth $136,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VICI. State Street Corp lifted its holdings in shares of VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company’s stock valued at $1,873,869,000 after acquiring an additional 1,164,717 shares during the period. Geode Capital Management LLC lifted its holdings in shares of VICI Properties by 2.2% during the third quarter. Geode Capital Management LLC now owns 28,475,659 shares of the company’s stock valued at $945,712,000 after acquiring an additional 608,696 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock valued at $393,847,000 after buying an additional 770,195 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of VICI Properties by 599.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company’s stock valued at $297,685,000 after buying an additional 7,658,819 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of VICI Properties by 0.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,209,783 shares of the company’s stock valued at $206,848,000 after buying an additional 26,990 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on VICI. Stifel Nicolaus lifted their price target on VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a report on Friday. 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 report on Tuesday, January 14th. JMP Securities reiterated a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Barclays lowered their price objective on VICI Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Finally, Mizuho lowered their price objective on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and an average target price of $34.20.

VICI Properties Price Performance

VICI Properties stock opened at $31.25 on Monday. The stock’s 50 day moving average is $29.59 and its 200 day moving average is $31.43. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm has a market cap of $32.95 billion, a P/E ratio of 12.21, a P/E/G ratio of 3.88 and a beta of 0.95. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29.

VICI Properties (NYSE:VICI) last issued its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). The business had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. As a group, research analysts expect that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 annualized dividend and a dividend yield of 5.54%. VICI Properties’s dividend payout ratio is 67.58%.

VICI Properties Company Profile

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.