GoalVest Advisory LLC Has $909,000 Stake in VICI Properties Inc. (NYSE:VICI)

GoalVest Advisory LLC decreased its position in shares of VICI Properties Inc. (NYSE:VICI) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,127 shares of the company’s stock after selling 1,627 shares during the period. GoalVest Advisory LLC’s holdings in VICI Properties were worth $909,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VICI. Carmel Capital Partners LLC boosted its stake in VICI Properties by 1.0% during the third quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock worth $1,177,000 after buying an additional 367 shares in the last quarter. Continuum Advisory LLC increased its holdings in VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after purchasing an additional 374 shares during the last quarter. Insight Folios Inc grew its holdings in shares of VICI Properties by 2.5% in the 3rd quarter. Insight Folios Inc now owns 18,035 shares of the company’s stock valued at $601,000 after buying an additional 433 shares during the period. Massmutual Trust Co. FSB ADV increased its stake in VICI Properties by 23.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 2,350 shares of the company’s stock worth $78,000 after purchasing an additional 442 shares in the last quarter. Finally, Chase Investment Counsel Corp raised its stake in shares of VICI Properties by 3.2% in the 3rd quarter. Chase Investment Counsel Corp now owns 15,346 shares of the company’s stock valued at $511,000 after purchasing an additional 470 shares during the period. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI stock opened at $29.45 on Thursday. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29. The company has a market capitalization of $31.04 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 3.86 and a beta of 0.94. The company’s 50-day moving average is $30.39 and its 200 day moving average is $31.46. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.87%. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Truist Financial lowered their price objective on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 target price (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Finally, JMP Securities reissued a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a research report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and an average price target of $34.33.

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.