Blackhawk Capital Partners LLC. Cuts Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Blackhawk Capital Partners LLC. lowered its position in VICI Properties Inc. (NYSE:VICI) by 74.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,740 shares of the company’s stock after selling 27,916 shares during the period. Blackhawk Capital Partners LLC.’s holdings in VICI Properties were worth $285,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in VICI Properties by 599.3% in the 3rd 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 purchasing an additional 7,658,819 shares during the period. Los Angeles Capital Management LLC grew its position in VICI Properties by 367.8% during the third quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock valued at $73,927,000 after buying an additional 1,744,939 shares during the period. State Street Corp increased its holdings in VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company’s stock worth $1,873,869,000 after buying an additional 1,164,717 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in VICI Properties by 127.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company’s stock worth $50,099,000 after acquiring an additional 960,706 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in 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 acquiring an additional 770,195 shares during the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Up 2.3 %

VICI stock opened at $32.01 on Tuesday. The stock has a 50-day simple moving average of $29.61 and a two-hundred day simple moving average of $31.44. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29. The firm has a market capitalization of $33.81 billion, a PE ratio of 12.50, a PEG ratio of 3.88 and a beta of 0.95. 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 (NYSE:VICI) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.57 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 firm had revenue of $976.05 million for the quarter, compared to analysts’ expectations of $969.29 million. On average, equities analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were given a $0.4325 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.41%. VICI Properties’s dividend payout ratio (DPR) is presently 67.58%.

Analysts Set New Price Targets

VICI has been the subject of several research analyst reports. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Truist Financial decreased their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Mizuho dropped their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. Stifel Nicolaus lifted their price objective on VICI Properties from $33.75 to $34.00 and gave the stock a “buy” rating in a report on Friday. Finally, Barclays dropped their price objective on shares of VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.