VICI Properties Inc. (NYSE:VICI) Shares Sold by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC decreased its position in VICI Properties Inc. (NYSE:VICI) by 47.7% in the 4th quarter, Holdings Channel reports. The fund owned 4,382 shares of the company’s stock after selling 4,000 shares during the period. Future Financial Wealth Managment LLC’s holdings in VICI Properties were worth $128,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VICI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of VICI Properties by 599.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company’s stock valued at $297,685,000 after buying an additional 7,658,819 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of VICI Properties by 367.8% during the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock valued at $73,927,000 after buying an additional 1,744,939 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of VICI Properties by 101.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,453,547 shares of the company’s stock valued at $98,910,000 after buying an additional 1,739,147 shares during the last quarter. Hsbc Holdings PLC boosted its stake in shares of VICI Properties by 35.5% during the 2nd quarter. Hsbc Holdings PLC now owns 4,520,598 shares of the company’s stock valued at $129,321,000 after buying an additional 1,185,463 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of VICI Properties by 2.1% during the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company’s stock valued at $1,873,869,000 after buying an additional 1,164,717 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

VICI has been the subject of several research analyst reports. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Evercore ISI raised their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Mizuho reduced 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. JMP Securities restated a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Wednesday, December 11th. Finally, Barclays began coverage on VICI Properties in a research note on Friday. They set an “overweight” rating and a $36.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $34.25.

VICI Properties Stock Performance

VICI stock traded up $0.47 during mid-day trading on Monday, reaching $28.68. The company had a trading volume of 2,844,552 shares, compared to its average volume of 7,701,247. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $30.23 billion, a P/E ratio of 10.62, a P/E/G ratio of 4.12 and a beta of 0.94. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29. The stock’s 50-day simple moving average is $30.72 and its two-hundred day simple moving average is $31.41.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

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.