NTV Asset Management LLC Sells 4,153 Shares of VICI Properties Inc. (NYSE:VICI)

NTV Asset Management LLC lessened its stake in shares of VICI Properties Inc. (NYSE:VICI) by 13.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,835 shares of the company’s stock after selling 4,153 shares during the period. NTV Asset Management LLC’s holdings in VICI Properties were worth $755,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of VICI. Continuum Advisory LLC raised its holdings 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 in the last quarter. Quent Capital LLC raised its holdings in VICI Properties by 27.1% during the fourth quarter. Quent Capital LLC now owns 2,194 shares of the company’s stock worth $64,000 after acquiring an additional 468 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in VICI Properties by 512.6% during the third quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company’s stock worth $65,000 after acquiring an additional 1,630 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in VICI Properties during the third quarter worth about $67,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in VICI Properties by 1,774.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 2,343 shares of the company’s stock worth $78,000 after acquiring an additional 2,218 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Down 0.1 %

Shares of NYSE:VICI opened at $30.39 on Monday. The company has a market capitalization of $32.04 billion, a P/E ratio of 11.26, a P/E/G ratio of 3.80 and a beta of 0.95. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. 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 business’s 50 day simple moving average is $29.66 and its 200 day simple moving average is $31.46.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.69%. The ex-dividend date was Tuesday, December 17th. VICI Properties’s payout ratio is presently 64.07%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Truist Financial dropped 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. Barclays dropped their price objective on VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Mizuho dropped their price objective on 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, Wedbush lowered VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.22.

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.