VICI Properties Inc. (NYSE:VICI) Shares Sold by Laurion Capital Management LP

Laurion Capital Management LP cut its position in VICI Properties Inc. (NYSE:VICI) by 56.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,503 shares of the company’s stock after selling 115,245 shares during the quarter. Laurion Capital Management LP’s holdings in VICI Properties were worth $2,556,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Transce3nd LLC acquired a new position in shares of VICI Properties in the 4th quarter valued at $28,000. CoreCap Advisors LLC increased its holdings in shares of VICI Properties by 5,555.6% in the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company’s stock valued at $30,000 after acquiring an additional 1,000 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock valued at $32,000 after acquiring an additional 431 shares during the period. Kestra Investment Management LLC acquired a new position in shares of VICI Properties in the 4th quarter valued at $33,000. Finally, Quarry LP increased its stake in VICI Properties by 404.1% in the 4th quarter. Quarry LP now owns 1,119 shares of the company’s stock valued at $33,000 after buying an additional 897 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of NYSE VICI opened at $31.89 on Monday. The firm has a market capitalization of $33.70 billion, a P/E ratio of 12.46, a PEG ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a one year low of $27.53 and a one year high of $34.29. The company’s fifty day moving average is $31.81 and its two-hundred day moving average is $31.07. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting the consensus estimate of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $984.20 million for the quarter, compared to analyst estimates of $976.51 million. During the same period in the previous year, the firm earned $0.56 EPS. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were given a $0.4325 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.42%. VICI Properties’s dividend payout ratio is presently 69.20%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Stifel Nicolaus boosted their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a research note on Thursday, May 1st. Barclays boosted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Wells Fargo & Company boosted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, March 10th. Robert W. Baird boosted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Thursday, May 1st. Finally, Mizuho boosted their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, April 3rd. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.07.

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.