Kemnay Advisory Services Inc. lessened its stake in VICI Properties Inc (NYSE:VICI) by 4.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,376 shares of the company’s stock after selling 3,318 shares during the period. Kemnay Advisory Services Inc.’s holdings in VICI Properties were worth $1,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Utah Retirement Systems grew its stake in shares of VICI Properties by 36.7% during the third quarter. Utah Retirement Systems now owns 68,900 shares of the company’s stock worth $1,490,000 after acquiring an additional 18,500 shares during the last quarter. First Republic Investment Management Inc. purchased a new stake in shares of VICI Properties during the third quarter worth about $235,000. Osterweis Capital Management Inc. grew its stake in shares of VICI Properties by 35.8% during the third quarter. Osterweis Capital Management Inc. now owns 662,520 shares of the company’s stock worth $14,324,000 after acquiring an additional 174,800 shares during the last quarter. Riverhead Capital Management LLC purchased a new stake in shares of VICI Properties during the third quarter worth about $1,647,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of VICI Properties by 369.4% during the third quarter. Tower Research Capital LLC TRC now owns 27,228 shares of the company’s stock worth $589,000 after acquiring an additional 21,428 shares during the last quarter.

VICI Properties stock opened at $21.41 on Thursday. The company has a quick ratio of 65.13, a current ratio of 65.13 and a debt-to-equity ratio of 0.66. VICI Properties Inc has a 52 week low of $17.58 and a 52 week high of $22.99.

VICI Properties (NYSE:VICI) last released its earnings results on Thursday, November 1st. The company reported $0.35 EPS for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.04). The company had revenue of $233.00 million during the quarter, compared to analysts’ expectations of $225.38 million. On average, equities research analysts expect that VICI Properties Inc will post 1.45 EPS for the current fiscal year.

VICI has been the topic of a number of research analyst reports. Citigroup dropped their price target on VICI Properties from $22.00 to $21.00 and set a “hold” rating on the stock in a research note on Thursday, August 9th. Credit Suisse Group initiated coverage on VICI Properties in a research note on Tuesday, August 14th. They set an “outperform” rating and a $24.00 price target on the stock. Nomura initiated coverage on VICI Properties in a research note on Wednesday, September 26th. They set a “buy” rating and a $29.00 price target on the stock. Bank of America upgraded VICI Properties from a “neutral” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Monday, October 15th. Finally, Zacks Investment Research lowered VICI Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $23.43.

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VICI Properties Profile

VICI Properties Inc, an asset real estate investment trust, owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. It operates through two segments, Real Property Business and Golf Course Business. The company's property portfolio includes 20 gaming facilities comprising approximately 36 million square feet, as well as approximately 14,500 hotel rooms, 150 restaurants, bars, and nightclubs.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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