Epoch Investment Partners Inc. lowered its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,572,405 shares of the company's stock after selling 39,396 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.24% of VICI Properties worth $75,140,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its holdings in shares of VICI Properties by 3.2% during the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after purchasing an additional 340 shares during the period. Carret Asset Management LLC grew its stake in VICI Properties by 0.5% in the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock worth $2,034,000 after acquiring an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC grew its stake in shares of VICI Properties by 0.9% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after buying an additional 372 shares in the last quarter. V Square Quantitative Management LLC lifted 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 purchasing an additional 391 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its position in VICI Properties by 0.6% in the 4th quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company's stock worth $2,042,000 after purchasing an additional 408 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Stock Performance
VICI traded down $0.43 on Wednesday, hitting $32.54. The company had a trading volume of 3,447,448 shares, compared to its average volume of 6,022,666. VICI Properties Inc. has a 1-year low of $27.53 and a 1-year high of $34.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The company's fifty day moving average price is $31.71 and its 200 day moving average price is $31.14. The stock has a market cap of $34.39 billion, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70.
VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.57 earnings per share 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. Equities analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.
VICI Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.32%. The ex-dividend date was Thursday, March 20th. VICI Properties's payout ratio is 67.58%.
Analysts Set New Price Targets
A number of brokerages recently issued reports on VICI. Wells Fargo & Company increased their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Barclays raised their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Mizuho upped their price target on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. JMP Securities reissued a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. Finally, Truist Financial increased their price target on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $34.93.
View Our Latest Report on VICI Properties
VICI Properties Company Profile
(
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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