Jones Financial Companies Lllp Buys 3,123 Shares of VICI Properties Inc. (NYSE:VICI)

Jones Financial Companies Lllp lifted its stake in VICI Properties Inc. (NYSE:VICI) by 85.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,781 shares of the company’s stock after purchasing an additional 3,123 shares during the period. Jones Financial Companies Lllp’s holdings in VICI Properties were worth $198,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Venturi Wealth Management LLC lifted its holdings in 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 acquiring an additional 431 shares in the last quarter. Kestra Investment Management LLC acquired a new position in VICI Properties during the fourth quarter worth approximately $33,000. Whipplewood Advisors LLC acquired a new position in VICI Properties during the fourth quarter worth approximately $40,000. Continuum Advisory LLC increased its position in VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after buying an additional 374 shares during the last quarter. Finally, Cromwell Holdings LLC boosted its holdings in shares of VICI Properties by 31.3% during the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock worth $61,000 after acquiring an additional 494 shares during the period. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Price Performance

Shares of NYSE VICI opened at $31.53 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The stock has a market cap of $33.30 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The firm’s 50-day simple moving average is $30.41 and its 200 day simple moving average is $31.48.

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

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties’s dividend payout ratio is currently 67.58%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on VICI shares. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Barclays boosted their price target on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Stifel Nicolaus upped their target price on VICI Properties from $33.75 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company upped their price target on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $34.20.

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.