Virtu Financial LLC Takes $307,000 Position in VICI Properties Inc. (NYSE:VICI)

Virtu Financial LLC bought a new position in VICI Properties Inc. (NYSE:VICI) in the fourth quarter, Holdings Channel reports. The institutional investor bought 10,494 shares of the company’s stock, valued at approximately $307,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Venturi Wealth Management LLC lifted 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 acquiring an additional 431 shares during the last quarter. Kestra Investment Management LLC purchased a new position in VICI Properties in the 4th quarter worth $33,000. Whipplewood Advisors LLC bought a new stake in VICI Properties in the fourth quarter worth $40,000. Continuum Advisory LLC boosted its position in VICI Properties by 30.5% during the third 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 grew its stake in shares of VICI Properties by 31.3% during the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock valued at $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.

VICI Properties Trading Down 0.0 %

NYSE:VICI opened at $31.90 on Friday. The company has a 50-day moving average price of $31.07 and a 200-day moving average price of $31.40. The stock has a market cap of $33.70 billion, a price-to-earnings ratio of 12.46, a P/E/G ratio of 3.88 and a beta of 0.94. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29.

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 return on equity of 10.24% and a net margin of 69.59%. The company had revenue of $976.05 million during the quarter, compared to analysts’ expectations of $969.29 million. Equities analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be paid a $0.4325 dividend. The ex-dividend date is Thursday, March 20th. This represents a $1.73 annualized dividend and a yield of 5.42%. VICI Properties’s payout ratio is 67.58%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VICI shares. Wells Fargo & Company boosted their target price on VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, March 10th. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Truist Financial cut their target price on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Stifel Nicolaus upped their price target on shares of VICI Properties from $34.00 to $34.25 and gave the company a “buy” rating in a report on Thursday. Finally, Barclays raised their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and an average price target of $34.23.

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.