Winnow Wealth LLC Purchases Shares of 31,516 VICI Properties Inc. $VICI

Winnow Wealth LLC purchased a new position in VICI Properties Inc. (NYSE:VICI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,516 shares of the company’s stock, valued at approximately $1,040,000.

Other hedge funds have also recently modified their holdings of the company. State of Wyoming purchased a new stake in VICI Properties during the 2nd quarter worth approximately $26,000. Parvin Asset Management LLC acquired a new stake in shares of VICI Properties during the second quarter worth $27,000. Hantz Financial Services Inc. grew its holdings in shares of VICI Properties by 489.2% during the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after buying an additional 724 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of VICI Properties in the 2nd quarter valued at $28,000. Finally, Godsey & Gibb Inc. purchased a new position in VICI Properties in the 3rd quarter worth $29,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Down 0.1%

Shares of NYSE:VICI opened at $28.07 on Friday. The company has a market capitalization of $30.00 billion, a PE ratio of 10.71, a PEG ratio of 2.80 and a beta of 0.70. VICI Properties Inc. has a 12-month low of $27.48 and a 12-month high of $34.03. The business has a 50 day moving average of $28.22 and a two-hundred day moving average of $30.72. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60.

VICI Properties (NYSE:VICI) last posted its earnings results on Thursday, October 30th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.01. VICI Properties had a net margin of 70.18% and a return on equity of 10.17%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the firm earned $0.57 EPS. The business’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th were given a $0.45 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. VICI Properties’s dividend payout ratio is 68.70%.

Wall Street Analyst Weigh In

Several analysts have weighed in on VICI shares. Barclays dropped their price target on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 3rd. Cantor Fitzgerald set a $33.00 target price on VICI Properties in a research report on Monday, January 5th. Mizuho cut their price target on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, December 17th. Scotiabank cut shares of VICI Properties from a “sector outperform” rating to a “sector perform” rating and set a $30.00 price objective for the company. in a research note on Friday. Finally, The Goldman Sachs Group cut their price objective on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.85.

VICI Properties Profile

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.