VICI Properties Inc. (NYSE:VICI) Shares Sold by Obermeyer Wood Investment Counsel Lllp

Obermeyer Wood Investment Counsel Lllp decreased its position in VICI Properties Inc. (NYSE:VICI) by 1.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 62,546 shares of the company’s stock after selling 866 shares during the period. Obermeyer Wood Investment Counsel Lllp’s holdings in VICI Properties were worth $1,994,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VICI. Vanguard Group Inc. grew its holdings in VICI Properties by 11.6% in the first quarter. Vanguard Group Inc. now owns 98,755,591 shares of the company’s stock valued at $2,810,583,000 after purchasing an additional 10,248,110 shares during the last quarter. Norges Bank acquired a new stake in VICI Properties in the fourth quarter valued at $331,955,000. Invesco Ltd. lifted its position in shares of VICI Properties by 19.1% in the third quarter. Invesco Ltd. now owns 23,686,622 shares of the company’s stock valued at $689,281,000 after acquiring an additional 3,798,898 shares in the last quarter. Morgan Stanley lifted its position in shares of VICI Properties by 43.8% in the fourth quarter. Morgan Stanley now owns 11,073,093 shares of the company’s stock valued at $358,768,000 after acquiring an additional 3,372,327 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of VICI Properties by 223.1% in the second quarter. Goldman Sachs Group Inc. now owns 4,401,889 shares of the company’s stock valued at $131,132,000 after acquiring an additional 3,039,359 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Up 1.2 %

NYSE VICI traded up $0.32 during trading hours on Thursday, hitting $27.52. 4,865,748 shares of the company’s stock were exchanged, compared to its average volume of 6,162,399. The business’s 50 day moving average is $29.19 and its 200-day moving average is $29.62. VICI Properties Inc. has a 12-month low of $26.63 and a 12-month high of $34.05. The firm has a market capitalization of $28.71 billion, a P/E ratio of 11.08, a price-to-earnings-growth ratio of 6.09 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were issued a $0.415 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.03%. VICI Properties’s dividend payout ratio (DPR) is 66.94%.

Insider Transactions at VICI Properties

In other news, Director James R. Abrahamson acquired 3,000 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were bought at an average cost of $28.85 per share, for a total transaction of $86,550.00. Following the acquisition, the director now directly owns 139,342 shares in the company, valued at approximately $4,020,016.70. The purchase was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on VICI shares. Morgan Stanley upped their price objective on VICI Properties from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Monday, March 18th. Wells Fargo & Company reduced their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 6th. Finally, Mizuho reduced their price objective on VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a research report on Thursday, March 7th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and an average target price of $34.36.

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.