Ashton Thomas Private Wealth LLC Acquires 2,232 Shares of VICI Properties Inc. (NYSE:VICI)

Ashton Thomas Private Wealth LLC lifted its holdings in VICI Properties Inc. (NYSE:VICI) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,634 shares of the company’s stock after purchasing an additional 2,232 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in VICI Properties were worth $967,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. D.A. Davidson & CO. increased its stake in shares of VICI Properties by 3.2% in the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock worth $321,000 after purchasing an additional 340 shares during the period. Sheaff Brock Investment Advisors LLC increased its stake in shares of VICI Properties by 0.9% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company’s stock worth $1,206,000 after purchasing an additional 372 shares during the period. Continuum Advisory LLC increased 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 purchasing an additional 374 shares during the period. V Square Quantitative Management LLC increased its stake in shares of VICI Properties by 3.3% in the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock worth $357,000 after purchasing an additional 391 shares during the period. Finally, Tcfg Wealth Management LLC increased its stake in VICI Properties by 5.7% during the fourth quarter. Tcfg Wealth Management LLC now owns 7,792 shares of the company’s stock valued at $228,000 after acquiring an additional 417 shares during the period. 97.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on VICI shares. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Stifel Nicolaus upped their price target on VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a report on Friday, February 21st. 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. Finally, Truist Financial cut their price target on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $34.30.

VICI Properties Trading Up 2.1 %

Shares of VICI opened at $32.65 on Monday. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $30.22 and a 200-day simple moving average of $31.48. The stock has a market cap of $34.49 billion, a PE ratio of 12.76, a PEG ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI) last issued its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). The company had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. On average, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently declared 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 of this dividend is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.30%. VICI Properties’s dividend payout ratio (DPR) is presently 67.58%.

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.