Hosking Partners LLP Sells 20,194 Shares of VICI Properties Inc. (NYSE:VICI)

Hosking Partners LLP decreased its position in VICI Properties Inc. (NYSE:VICI) by 11.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 156,171 shares of the company’s stock after selling 20,194 shares during the period. Hosking Partners LLP’s holdings in VICI Properties were worth $4,562,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Atria Wealth Solutions Inc. grew its position in VICI Properties by 145.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company’s stock valued at $1,189,000 after purchasing an additional 24,159 shares in the last quarter. Oxbow Advisors LLC bought a new position in shares of VICI Properties during the 4th quarter worth approximately $3,817,000. CHURCHILL MANAGEMENT Corp increased its holdings in shares of VICI Properties by 2.9% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company’s stock worth $9,103,000 after acquiring an additional 8,834 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in VICI Properties by 8.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company’s stock valued at $18,268,000 after acquiring an additional 40,733 shares during the period. Finally, Border to Coast Pensions Partnership Ltd lifted its stake in shares of VICI Properties by 40.0% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company’s stock worth $13,282,000 after buying an additional 130,000 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. JMP Securities restated a “market outperform” rating and issued a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Truist Financial reduced 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. Wedbush lowered VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus increased 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, February 21st. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus target price of $34.20.

VICI Properties Trading Down 0.2 %

Shares of VICI Properties stock opened at $32.32 on Friday. The stock has a market capitalization of $34.14 billion, a PE ratio of 12.62, a price-to-earnings-growth ratio of 3.88 and a beta of 0.95. The stock has a 50 day moving average price of $29.81 and a two-hundred day moving average price of $31.46. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29.

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

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.35%. VICI Properties’s dividend payout ratio is presently 67.58%.

About VICI Properties

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.