Assetmark Inc. grew its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,016,695 shares of the company's stock after purchasing an additional 27,436 shares during the quarter. Assetmark Inc. owned approximately 0.19% of VICI Properties worth $58,908,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. increased its holdings in shares of VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock valued at $321,000 after acquiring an additional 340 shares during the period. Carmel Capital Partners LLC increased its holdings in shares of VICI Properties by 1.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company's stock valued at $1,177,000 after acquiring an additional 367 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings in shares of VICI Properties by 0.9% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after acquiring an additional 372 shares during the period. Continuum Advisory LLC grew its position in VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after buying an additional 374 shares during the last quarter. Finally, V Square Quantitative Management LLC grew its position in VICI Properties by 3.3% in the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock valued at $357,000 after buying an additional 391 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Price Performance
Shares of NYSE VICI traded up $0.68 during trading on Friday, hitting $32.65. 10,922,811 shares of the company were exchanged, compared to its average volume of 5,461,553. The company has a market cap of $34.49 billion, a price-to-earnings ratio of 12.76, a PEG ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm's fifty day moving average price is $30.14 and its 200 day moving average price is $31.49. 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 earnings results on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The company had revenue of $976.05 million for the quarter, compared to analysts' expectations of $969.29 million. On average, sell-side analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.
VICI Properties Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be given a $0.4325 dividend. The ex-dividend date is Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.30%. VICI Properties's dividend payout ratio is presently 67.58%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on VICI shares. Mizuho lowered their price objective on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Stifel Nicolaus lifted their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Finally, 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 report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $34.30.
View Our Latest Stock Report on VICI
VICI Properties Company Profile
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Free Report)
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.
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