VICI Properties Inc. (NYSE:VICI) Shares Purchased by First American Trust FSB

First American Trust FSB raised its position in shares of VICI Properties Inc. (NYSE:VICI) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 180,439 shares of the company’s stock after purchasing an additional 627 shares during the quarter. First American Trust FSB’s holdings in VICI Properties were worth $5,271,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Venturi Wealth Management LLC grew its holdings 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 shares of VICI Properties during the fourth quarter valued at approximately $33,000. Whipplewood Advisors LLC purchased a new position in shares of VICI Properties in the fourth quarter valued at approximately $40,000. Continuum Advisory LLC boosted its stake in shares of VICI Properties by 30.5% in 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 last quarter. Finally, Cromwell Holdings LLC increased its position 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 worth $61,000 after purchasing an additional 494 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

NYSE:VICI opened at $31.98 on Tuesday. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The stock’s fifty day moving average is $30.90 and its two-hundred day moving average is $31.40. The company has a market capitalization of $33.79 billion, a P/E ratio of 12.49, a P/E/G ratio of 3.88 and a beta of 0.94. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). The company had revenue of $976.05 million during the quarter, compared to analysts’ expectations of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. Equities analysts expect 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. Investors of record on Thursday, March 20th will be given 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 dividend yield of 5.41%. VICI Properties’s payout ratio is currently 67.58%.

Analyst Ratings Changes

Several equities research analysts have issued reports on VICI shares. Wells Fargo & Company lifted their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Monday, March 10th. Truist Financial lowered their price target on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. JMP Securities reiterated a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, Mizuho cut their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.