Susquehanna Fundamental Investments LLC Invests $25.63 Million in VICI Properties Inc. (NYSE:VICI)

Susquehanna Fundamental Investments LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 877,401 shares of the company's stock, valued at approximately $25,629,000. Susquehanna Fundamental Investments LLC owned about 0.08% of VICI Properties at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VICI. Coldstream Capital Management Inc. lifted its position in VICI Properties by 20.8% during the 4th quarter. Coldstream Capital Management Inc. now owns 13,649 shares of the company's stock worth $399,000 after acquiring an additional 2,352 shares during the last quarter. Nebula Research & Development LLC lifted its position in VICI Properties by 331.3% during the 4th quarter. Nebula Research & Development LLC now owns 31,986 shares of the company's stock worth $934,000 after acquiring an additional 24,569 shares during the last quarter. Voya Investment Management LLC lifted its position in VICI Properties by 22.7% during the 4th quarter. Voya Investment Management LLC now owns 430,147 shares of the company's stock worth $12,565,000 after acquiring an additional 79,568 shares during the last quarter. Burling Wealth Partners LLC acquired a new position in VICI Properties during the 4th quarter worth $2,820,000. Finally, MGO One Seven LLC lifted its position in VICI Properties by 9.3% during the 4th quarter. MGO One Seven LLC now owns 18,282 shares of the company's stock worth $534,000 after acquiring an additional 1,556 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Price Performance

Shares of VICI traded up $0.01 on Monday, hitting $32.23. The company's stock had a trading volume of 5,523,134 shares, compared to its average volume of 6,020,088. The company has a market capitalization of $34.06 billion, a PE ratio of 12.59, a PEG ratio of 3.88 and a beta of 0.70. VICI Properties Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.29. The company has a 50 day moving average price of $31.87 and a 200 day moving average price of $31.14. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. On average, research analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on VICI. Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Barclays upped their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. JMP Securities reaffirmed a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Wells Fargo & Company upped their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Finally, Truist Financial upped their price objective on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, VICI Properties presently has an average rating of "Moderate Buy" and a consensus target price of $34.93.

VICI Properties 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.