Caisse Des Depots ET Consignations Purchases Shares of 127,184 VICI Properties Inc. (NYSE:VICI)

Caisse Des Depots ET Consignations acquired a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 127,184 shares of the company's stock, valued at approximately $3,715,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Venturi Wealth Management LLC increased its position in VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of VICI Properties during the 4th quarter worth $33,000. Whipplewood Advisors LLC acquired a new position in shares of VICI Properties during the 4th quarter worth $40,000. Continuum Advisory LLC grew its stake in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after purchasing an additional 374 shares during the period. Finally, Brown Brothers Harriman & Co. increased its holdings in shares of VICI Properties by 512.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock valued at $65,000 after purchasing an additional 1,630 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VICI. JMP Securities reiterated a "market outperform" rating and set a $35.00 price target on shares of VICI Properties in a research report on Monday, January 27th. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Stifel Nicolaus raised their price target on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research report on Thursday. Mizuho decreased 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. Finally, Barclays upped their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $34.23.

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VICI Properties Trading Up 0.3 %

Shares of VICI stock traded up $0.11 during mid-day trading on Friday, hitting $31.99. 4,731,126 shares of the company's stock were exchanged, compared to its average volume of 5,825,965. The stock has a market cap of $33.80 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 3.88 and a beta of 0.94. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The stock has a 50-day simple moving average of $31.13 and a two-hundred day simple moving average of $31.36.

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

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.41%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties's dividend payout ratio is currently 67.58%.

About VICI Properties

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.