VICI Properties Inc. (NYSE:VICI) Shares Sold by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. lessened its stake in shares of VICI Properties Inc. (NYSE:VICI) by 36.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 413,272 shares of the company’s stock after selling 240,712 shares during the period. Alyeska Investment Group L.P.’s holdings in VICI Properties were worth $12,072,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VICI. D.A. Davidson & CO. lifted its holdings in shares of VICI Properties by 3.2% during the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock valued at $321,000 after purchasing an additional 340 shares during the last quarter. Carret Asset Management LLC raised its holdings in VICI Properties by 0.5% during the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company’s stock worth $2,034,000 after buying an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC lifted its stake in VICI Properties by 0.9% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company’s stock valued at $1,206,000 after buying an additional 372 shares in the last quarter. 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 worth $357,000 after buying an additional 391 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in shares of VICI Properties by 0.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company’s stock worth $2,042,000 after acquiring an additional 408 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Price Performance

NYSE VICI opened at $31.89 on Tuesday. 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 stock has a market capitalization of $33.70 billion, a PE ratio of 12.46, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a 12-month low of $27.53 and a 12-month high of $34.29. The company has a 50 day moving average price of $31.88 and a two-hundred day moving average price of $31.10.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.58. The business had revenue of $984.20 million during the quarter, compared to analyst estimates of $976.51 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. VICI Properties’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 EPS. As a group, equities analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s dividend payout ratio is 69.20%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Mizuho raised their target price on 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 lifted their price target on VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a report on Thursday, May 1st. JMP Securities reissued a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Finally, Barclays lifted their target price on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $35.07.

VICI Properties 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.