VICI Properties Inc. (NYSE:VICI) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC cut its stake in shares of VICI Properties Inc. (NYSE:VICI) by 9.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 104,720 shares of the company’s stock after selling 10,950 shares during the period. TD Private Client Wealth LLC’s holdings in VICI Properties were worth $3,059,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in VICI. Venturi Wealth Management LLC raised its position in VICI Properties by 64.1% during 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 acquired a new position in VICI Properties during the fourth quarter worth $33,000. Whipplewood Advisors LLC acquired a new position in VICI Properties during the fourth quarter worth $40,000. Continuum Advisory LLC raised 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 worth $50,000 after acquiring an additional 374 shares during the period. Finally, Cromwell Holdings LLC raised its position in VICI Properties by 31.3% during the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock worth $61,000 after acquiring an additional 494 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Trading Down 1.6 %

Shares of VICI stock opened at $31.51 on Friday. 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 firm has a market cap of $33.28 billion, a PE ratio of 12.31, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94. The company has a 50-day moving average of $30.84 and a two-hundred day moving average of $31.44. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29.

VICI Properties (NYSE:VICI) last announced its earnings results 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). 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 for the quarter, compared to analysts’ expectations of $969.29 million. On average, analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. The ex-dividend date is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.49%. VICI Properties’s payout ratio is currently 67.58%.

Wall Street Analyst Weigh In

VICI has been the subject of a number of recent research reports. Barclays increased their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. 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. Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Wells Fargo & Company increased their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. Finally, KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price 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.