VICI Properties Inc (NYSE:VICI) COO John W. R. Payne acquired 9,200 shares of the company’s stock in a transaction on Friday, July 31st. The stock was acquired at an average price of $21.63 per share, for a total transaction of $198,996.00. Following the completion of the purchase, the chief operating officer now owns 116,100 shares of the company’s stock, valued at approximately $2,511,243. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of VICI opened at $21.73 on Friday. The company has a current ratio of 69.43, a quick ratio of 69.44 and a debt-to-equity ratio of 0.87. The stock has a market cap of $10.06 billion, a P/E ratio of 23.12, a PEG ratio of 1.56 and a beta of 1.17. The company has a 50-day moving average of $21.08 and a two-hundred day moving average of $20.72. VICI Properties Inc has a 12-month low of $9.85 and a 12-month high of $28.75.

VICI Properties (NYSE:VICI) last announced its earnings results on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.37). The business had revenue of $255.00 million for the quarter, compared to analyst estimates of $255.68 million. VICI Properties had a return on equity of 4.97% and a net margin of 46.09%. The business’s revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 EPS. As a group, analysts forecast that VICI Properties Inc will post 1.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.298 per share. This represents a $1.19 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date of this dividend was Monday, June 29th. VICI Properties’s payout ratio is currently 80.41%.

A number of research analysts have commented on the stock. SunTrust Banks dropped their price objective on shares of VICI Properties from $32.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. TheStreet raised shares of VICI Properties from a “d+” rating to a “c-” rating in a report on Tuesday, June 9th. Deutsche Bank lifted their target price on shares of VICI Properties from $24.00 to $26.00 in a report on Thursday, June 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $32.00 target price on shares of VICI Properties in a report on Wednesday, July 8th. Finally, Macquarie assumed coverage on shares of VICI Properties in a report on Wednesday, July 22nd. They issued a “hold” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $25.61.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James & Associates raised its position in VICI Properties by 1.3% during the fourth quarter. Raymond James & Associates now owns 34,350 shares of the company’s stock worth $878,000 after acquiring an additional 428 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its position in VICI Properties by 0.6% during the first quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 116,350 shares of the company’s stock worth $1,936,000 after acquiring an additional 650 shares during the last quarter. Private Capital Group LLC raised its position in VICI Properties by 32.0% during the first quarter. Private Capital Group LLC now owns 2,866 shares of the company’s stock worth $49,000 after acquiring an additional 694 shares during the last quarter. Redpoint Investment Management Pty Ltd raised its position in VICI Properties by 1.0% during the second quarter. Redpoint Investment Management Pty Ltd now owns 75,354 shares of the company’s stock worth $1,521,000 after acquiring an additional 758 shares during the last quarter. Finally, Ellevest Inc. raised its position in VICI Properties by 68.5% during the first quarter. Ellevest Inc. now owns 2,031 shares of the company’s stock worth $34,000 after acquiring an additional 826 shares during the last quarter.

VICI Properties Company Profile

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 22 gaming facilities comprising approximately 39 million square feet and features approximately 14,800 hotel rooms and approximately 150 restaurants, bars and nightclubs.

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