American Assets Capital Advisers LLC Acquires 4,000 Shares of VICI Properties Inc. (NYSE:VICI)

American Assets Capital Advisers LLC increased its holdings in VICI Properties Inc. (NYSE:VICI) by 13.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 33,979 shares of the company’s stock after purchasing an additional 4,000 shares during the period. American Assets Capital Advisers LLC’s holdings in VICI Properties were worth $993,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC grew its stake in shares of VICI Properties by 64.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock worth $32,000 after acquiring an additional 431 shares during the period. Kestra Investment Management LLC bought a new stake in VICI Properties in the 4th quarter worth approximately $33,000. Whipplewood Advisors LLC purchased a new stake in VICI Properties during the 4th quarter valued at $40,000. Continuum Advisory LLC lifted its holdings in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after buying an additional 374 shares during the period. Finally, Cromwell Holdings LLC boosted its stake in shares of VICI Properties by 31.3% in the 4th quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock worth $61,000 after buying an additional 494 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analyst Upgrades and Downgrades

VICI has been the topic of a number of recent research reports. Truist Financial lowered their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. JMP Securities restated a “market outperform” rating and set a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Mizuho dropped their price target on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Finally, Stifel Nicolaus upped their price objective on VICI Properties from $33.75 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and an average target price of $34.20.

VICI Properties Trading Up 2.2 %

Shares of VICI Properties stock opened at $32.24 on Friday. 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 company has a fifty day moving average of $30.51 and a 200 day moving average of $31.47. The company has a market capitalization of $34.06 billion, a P/E ratio of 12.59, a P/E/G ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29.

VICI Properties (NYSE:VICI) last released 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). The business had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. On average, sell-side analysts anticipate 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 will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be given a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties’s payout ratio is currently 67.58%.

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.