Promus Capital LLC Purchases Shares of 2,168 VICI Properties Inc. (NYSE:VICI)

Promus Capital LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,168 shares of the company’s stock, valued at approximately $63,000.

Other hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC grew 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 valued at $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC bought a new stake in VICI Properties during the fourth quarter valued at about $33,000. Whipplewood Advisors LLC bought a new stake in VICI Properties during the fourth quarter valued at about $40,000. Continuum Advisory LLC lifted its position in shares of VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after acquiring an additional 374 shares in the last quarter. Finally, Cromwell Holdings LLC lifted its position in shares of VICI Properties by 31.3% in the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock valued at $61,000 after acquiring an additional 494 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 0.7 %

Shares of VICI stock opened at $32.42 on Thursday. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. 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 stock’s 50 day simple moving average is $30.02 and its two-hundred day simple moving average is $31.48. The company has a market cap of $34.24 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.

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

Analysts Set New Price Targets

Several brokerages have recently commented on VICI. JMP Securities restated a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Mizuho lowered their price objective 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 boosted their price objective on VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research report on Friday, February 21st. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Finally, Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.30.

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.