Lecap Asset Management Ltd. grew its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 38.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 100,608 shares of the company's stock after acquiring an additional 28,158 shares during the quarter. VICI Properties accounts for approximately 0.8% of Lecap Asset Management Ltd.'s investment portfolio, making the stock its 23rd biggest position. Lecap Asset Management Ltd.'s holdings in VICI Properties were worth $2,939,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. CHURCHILL MANAGEMENT Corp boosted its position in VICI Properties by 2.9% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock valued at $9,103,000 after buying an additional 8,834 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of VICI Properties by 8.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company's stock valued at $18,268,000 after acquiring an additional 40,733 shares in the last quarter. Border to Coast Pensions Partnership Ltd increased its holdings in VICI Properties by 40.0% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company's stock worth $13,282,000 after purchasing an additional 130,000 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in VICI Properties by 7.0% in the third 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, Brookstone Capital Management acquired a new stake in shares of VICI Properties during the fourth quarter valued at about $359,000. Institutional investors and hedge funds own 97.71% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have weighed in on VICI shares. Truist Financial reduced their target price on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. KeyCorp reaffirmed a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Barclays lowered their price target on shares of VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. JMP Securities reaffirmed a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Finally, Mizuho decreased their price target on VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, VICI Properties currently has an average rating of "Moderate Buy" and an average target price of $34.22.
Check Out Our Latest Stock Report on VICI Properties
VICI Properties Stock Performance
NYSE VICI traded down $0.01 on Tuesday, hitting $29.94. 2,286,479 shares of the stock traded hands, compared to its average volume of 6,389,143. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The business's fifty day moving average is $29.78 and its two-hundred day moving average is $31.48. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The firm has a market capitalization of $31.56 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 3.80 and a beta of 0.95.
VICI Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.78%. VICI Properties's dividend payout ratio is presently 64.07%.
About VICI Properties
(
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.
Featured Stories
Before you consider VICI Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VICI Properties wasn't on the list.
While VICI Properties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
