Mitsubishi UFJ Trust & Banking Corp cut its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 2.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 517,101 shares of the company's stock after selling 15,174 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in VICI Properties were worth $15,105,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Atria Wealth Solutions Inc. raised its stake in shares of VICI Properties by 145.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock worth $1,189,000 after purchasing an additional 24,159 shares in the last quarter. Oxbow Advisors LLC acquired a new stake in VICI Properties in the 4th quarter valued at $3,817,000. CHURCHILL MANAGEMENT Corp lifted its holdings in VICI Properties by 2.9% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock valued at $9,103,000 after purchasing an additional 8,834 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in VICI Properties by 8.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company's stock valued at $18,268,000 after purchasing an additional 40,733 shares during the last quarter. Finally, Border to Coast Pensions Partnership Ltd increased its position 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 valued at $13,282,000 after acquiring an additional 130,000 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on VICI. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Truist Financial lowered their price target 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. Wells Fargo & Company raised their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a report on Monday, March 10th. JMP Securities reiterated a "market outperform" rating and issued a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Finally, Wedbush lowered VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.23.
Get Our Latest Research Report on VICI
VICI Properties Stock Up 1.5 %
Shares of VICI stock traded up $0.49 during midday trading on Monday, reaching $32.50. 3,283,785 shares of the stock were exchanged, compared to its average volume of 5,817,075. The firm has a market cap of $34.34 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The company's 50 day moving average is $31.13 and its two-hundred day moving average is $31.35. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.
VICI Properties (NYSE:VICI - Get Free Report) last posted 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 10.24% and a net margin of 69.59%. The business had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. On average, equities research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.
VICI Properties Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date is Thursday, March 20th. VICI Properties's payout ratio is 67.58%.
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.
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.
