SG Americas Securities LLC Sells 64,492 Shares of VICI Properties Inc. (NYSE:VICI)

SG Americas Securities LLC reduced its position in shares of VICI Properties Inc. (NYSE:VICI) by 69.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,048 shares of the company’s stock after selling 64,492 shares during the period. SG Americas Securities LLC’s holdings in VICI Properties were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VICI. Mackenzie Financial Corp raised its position in shares of VICI Properties by 3.5% in the 2nd quarter. Mackenzie Financial Corp now owns 134,167 shares of the company’s stock worth $3,843,000 after acquiring an additional 4,539 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in VICI Properties by 107.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,588 shares of the company’s stock worth $332,000 after purchasing an additional 5,990 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in VICI Properties by 7,362.0% in the second quarter. Sunbelt Securities Inc. now owns 12,163 shares of the company’s stock valued at $348,000 after buying an additional 12,000 shares during the period. Quarry LP boosted its holdings in shares of VICI Properties by 780.5% during the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock worth $32,000 after buying an additional 999 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in VICI Properties by 91.6% in the second quarter. Cetera Investment Advisers now owns 179,042 shares of the company’s stock valued at $5,128,000 after purchasing an additional 85,587 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Down 1.3 %

VICI stock opened at $29.62 on Thursday. The company has a market capitalization of $31.22 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 3.76 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The stock has a fifty day moving average of $30.19 and a 200-day moving average of $31.51. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.84%. VICI Properties’s payout ratio is 64.07%.

Analyst Ratings Changes

Several research firms have recently commented on VICI. Truist Financial decreased their price objective on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. JMP Securities restated a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday. Mizuho reduced their target price on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company 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 report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.33.

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.