Callan Family Office LLC Purchases Shares of 7,289 VICI Properties Inc. (NYSE:VICI)

Callan Family Office LLC purchased a new stake in VICI Properties Inc. (NYSE:VICI) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 7,289 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of VICI. Venturi Wealth Management LLC increased its holdings in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock worth $32,000 after buying an additional 431 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of VICI Properties in the 4th quarter worth about $33,000. Whipplewood Advisors LLC bought a new stake in shares of VICI Properties in the 4th quarter worth about $40,000. Continuum Advisory LLC increased its holdings in shares of VICI Properties by 30.5% in the 3rd 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, Brown Brothers Harriman & Co. increased its holdings in shares of VICI Properties by 512.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company’s stock worth $65,000 after buying an additional 1,630 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Price Performance

NYSE VICI opened at $32.34 on Wednesday. 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 firm’s 50 day moving average price is $30.29 and its 200-day moving average price is $31.48. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The company has a market cap of $34.17 billion, a PE ratio of 12.63, a P/E/G ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI) last released 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 business had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. Sell-side analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be given a dividend of $0.4325 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.35%. VICI Properties’s payout ratio is 67.58%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. JMP Securities reiterated a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Barclays upped their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Stifel Nicolaus upped their price target on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Mizuho cut their price target on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. Three 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 company currently has an average rating of “Moderate Buy” and an average price target 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.