Coppell Advisory Solutions LLC Has $72,000 Holdings in VICI Properties Inc. (NYSE:VICI)

Coppell Advisory Solutions LLC decreased its holdings in VICI Properties Inc. (NYSE:VICI) by 21.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,488 shares of the company’s stock after selling 683 shares during the period. Coppell Advisory Solutions LLC’s holdings in VICI Properties were worth $72,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VICI. Transce3nd LLC purchased a new position in VICI Properties in the fourth quarter valued at about $28,000. Venturi Wealth Management LLC grew its stake 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 buying an additional 431 shares in the last quarter. Kestra Investment Management LLC bought a new position in VICI Properties during the fourth quarter valued at approximately $33,000. Whipplewood Advisors LLC acquired a new stake in VICI Properties in the fourth quarter valued at approximately $40,000. Finally, Cromwell Holdings LLC grew its position in VICI Properties by 31.3% in the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock worth $61,000 after acquiring an additional 494 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Stock Performance

NYSE VICI opened at $32.23 on Friday. The company’s fifty day moving average is $31.84 and its two-hundred day moving average is $31.15. VICI Properties Inc. has a 52-week low of $27.53 and a 52-week high of $34.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm has a market capitalization of $34.06 billion, a price-to-earnings ratio of 12.59, a P/E/G ratio of 3.88 and a beta of 0.70.

VICI Properties (NYSE:VICI) last released its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). The firm had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. Equities research analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were given a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.37%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 67.58%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on VICI. Wells Fargo & Company raised their price target on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Monday, March 10th. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. JMP Securities reissued a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Barclays upped their target price on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Finally, Mizuho increased their price target on VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a report on Thursday, April 3rd. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $34.93.

VICI Properties Company Profile

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.