Mizuho Securities USA LLC Grows Stock Position in VICI Properties Inc. (NYSE:VICI)

Mizuho Securities USA LLC boosted its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 47.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,912 shares of the company's stock after buying an additional 32,008 shares during the quarter. Mizuho Securities USA LLC's holdings in VICI Properties were worth $2,918,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC boosted its position in shares of VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares during the period. Kestra Investment Management LLC acquired a new position in VICI Properties in the 4th quarter valued at about $33,000. Whipplewood Advisors LLC purchased a new stake in VICI Properties during the fourth quarter worth about $40,000. Continuum Advisory LLC lifted its position in shares of VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after purchasing an additional 374 shares in the last quarter. Finally, Cromwell Holdings LLC boosted its stake in shares of VICI Properties by 31.3% in the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company's stock valued at $61,000 after purchasing an additional 494 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Barclays increased their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Wells Fargo & Company lifted their target price on VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a report on Monday, March 10th. Stifel Nicolaus upped their price target on VICI Properties from $34.00 to $34.25 and gave the stock a "buy" rating in a report on Thursday. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, Mizuho lowered their target price on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company 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's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $34.23.

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VICI Properties Stock Performance

Shares of VICI traded up $0.11 during mid-day trading on Friday, reaching $31.99. 4,731,126 shares of the company's stock were exchanged, compared to its average volume of 5,825,963. The business's fifty day simple moving average is $31.13 and its 200-day simple moving average is $31.38. The stock has a market capitalization of $33.80 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week 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.

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 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. On average, equities research analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.4325 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.41%. VICI Properties's dividend payout ratio (DPR) 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.