Ieq Capital LLC Purchases 909 Shares of VICI Properties Inc. (NYSE:VICI)

Ieq Capital LLC boosted its position in shares of VICI Properties Inc. (NYSE:VICI) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 54,166 shares of the company’s stock after acquiring an additional 909 shares during the quarter. Ieq Capital LLC’s holdings in VICI Properties were worth $1,582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its stake 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 period. Carmel Capital Partners LLC boosted its position in VICI Properties by 1.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock valued at $1,177,000 after buying an additional 367 shares during the period. Sheaff Brock Investment Advisors LLC boosted its position in VICI Properties by 0.9% in the 4th 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 during the period. Continuum Advisory LLC increased its position in shares of 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 acquiring an additional 374 shares during the period. Finally, V Square Quantitative Management LLC raised its stake in shares of VICI Properties by 3.3% during 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 in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VICI has been the topic of several research analyst reports. Truist Financial dropped their price objective on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. JMP Securities restated a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Barclays lowered their price objective on shares of VICI Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Stifel Nicolaus raised their target price on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research report on Friday. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.20.

VICI Properties Price Performance

Shares of VICI opened at $32.01 on Tuesday. The company has a 50 day moving average of $29.61 and a two-hundred day moving average of $31.44. 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 Inc. has a twelve month low of $27.08 and a twelve month high of $34.29. The company has a market cap of $33.81 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 3.88 and a beta of 0.95.

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

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.41%. VICI Properties’s 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.