Lbp Am Sa Has $4.87 Million Stake in VICI Properties Inc. (NYSE:VICI)

LBP AM SA boosted its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 15.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 166,631 shares of the company's stock after acquiring an additional 22,569 shares during the quarter. LBP AM SA's holdings in VICI Properties were worth $4,867,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VICI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of VICI Properties by 599.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock valued at $297,685,000 after purchasing an additional 7,658,819 shares during the last quarter. State Street Corp boosted its stake in shares of VICI Properties by 2.1% in the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company's stock valued at $1,873,869,000 after purchasing an additional 1,164,717 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of VICI Properties by 127.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company's stock valued at $50,099,000 after purchasing an additional 960,706 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of VICI Properties by 7.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock valued at $393,847,000 after purchasing an additional 770,195 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of VICI Properties by 80.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,673,230 shares of the company's stock valued at $55,735,000 after purchasing an additional 748,378 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

Remove Ads

Analyst Ratings Changes

VICI has been the topic of several recent analyst reports. Truist Financial reduced 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 note on Tuesday, January 14th. JMP Securities reissued a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Barclays lifted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Stifel Nicolaus lifted their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Finally, Mizuho reduced 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 note on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.20.

VICI Properties Stock Down 0.9 %

Shares of NYSE VICI traded down $0.30 during midday trading on Wednesday, reaching $32.38. The company's stock had a trading volume of 7,772,996 shares, compared to its average volume of 5,503,224. The company has a current ratio of 2.61, a quick 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 market capitalization of $34.20 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 3.88 and a beta of 0.94. The stock has a 50 day simple moving average of $30.64 and a 200-day simple moving average of $31.45.

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 (EPS) for the quarter, missing analysts' consensus estimates 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 analyst estimates of $969.29 million. Equities research analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. The ex-dividend date is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.34%. VICI Properties's payout ratio is 67.58%.

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.