Catalyst Capital Advisors LLC Grows Holdings in VICI Properties Inc. (NYSE:VICI)

Catalyst Capital Advisors LLC increased its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 103.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,475 shares of the company's stock after purchasing an additional 15,000 shares during the quarter. Catalyst Capital Advisors LLC's holdings in VICI Properties were worth $861,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VICI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of VICI Properties by 599.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock worth $297,685,000 after purchasing an additional 7,658,819 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of VICI Properties by 367.8% during the third quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock worth $73,927,000 after purchasing an additional 1,744,939 shares during the period. State Street Corp lifted its holdings in shares of VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company's stock worth $1,873,869,000 after purchasing an additional 1,164,717 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in shares of VICI Properties by 127.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company's stock worth $50,099,000 after purchasing an additional 960,706 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of VICI Properties by 7.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock worth $393,847,000 after purchasing an additional 770,195 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VICI has been the subject of a number of recent analyst reports. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Mizuho reduced their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Barclays reduced their target price on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, Stifel Nicolaus raised their target price on VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a report on Friday. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $34.20.

VICI Properties Price Performance

Shares of VICI Properties stock traded up $0.49 on Friday, hitting $31.25. The company's stock had a trading volume of 8,771,032 shares, compared to its average volume of 6,366,901. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The firm has a fifty day moving average price of $29.59 and a 200-day moving average price of $31.43. The company has a market capitalization of $32.95 billion, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 3.85 and a beta of 0.95.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings data 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 10.80% and a net margin of 73.90%. The business had revenue of $976.05 million during the quarter, compared to analysts' expectations of $969.29 million. On average, equities research analysts expect that VICI Properties Inc. will post 2.26 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were issued a $0.4325 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.54%. VICI Properties's dividend payout ratio (DPR) is 64.07%.

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.