NumerixS Investment Technologies Inc reduced its stake in VICI Properties Inc (NYSE:VICI) by 20.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,300 shares of the company’s stock after selling 4,500 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in VICI Properties were worth $354,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. American International Group Inc. acquired a new position in shares of VICI Properties in the first quarter worth approximately $106,000. Public Employees Retirement Association of Colorado acquired a new position in shares of VICI Properties in the first quarter worth approximately $189,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of VICI Properties in the first quarter worth approximately $190,000. Comerica Bank acquired a new position in shares of VICI Properties in the first quarter worth approximately $200,000. Finally, Shepherd Kaplan Krochuk LLC acquired a new position in shares of VICI Properties in the first quarter worth approximately $202,000. 99.82% of the stock is currently owned by institutional investors.
Shares of NYSE:VICI opened at $20.93 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 152.87 and a quick ratio of 152.87. VICI Properties Inc has a twelve month low of $17.58 and a twelve month high of $22.99.
VICI Properties (NYSE:VICI) last issued its earnings results on Thursday, August 2nd. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $221.00 million for the quarter, compared to analyst estimates of $214.19 million. equities research analysts expect that VICI Properties Inc will post 1.5 earnings per share for the current fiscal year.
A number of research firms recently commented on VICI. Wells Fargo & Co assumed coverage on VICI Properties in a research note on Wednesday, July 11th. They issued a “market perform” rating and a $22.00 price objective on the stock. 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 issued an “outperform” rating and a $24.00 price target on the stock. Morgan Stanley boosted their price target on VICI Properties from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Friday, May 25th. Finally, Deutsche Bank initiated coverage on VICI Properties in a research note on Thursday, May 17th. They issued a “buy” rating and a $22.00 price target on the stock. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. VICI Properties currently has an average rating of “Hold” and a consensus price target of $22.27.
About VICI Properties
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.
Featured Story: How to Profit and Limit Losses With Stop Orders
Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc (NYSE:VICI).
Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.