Polymer Capital Management US LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 12,644 shares of the company's stock, valued at approximately $369,000.
Other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. raised its stake in shares of VICI Properties by 3.2% in the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after buying an additional 340 shares during the period. Carret Asset Management LLC boosted its stake in shares of VICI Properties by 0.5% in the fourth 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 position in shares of VICI Properties by 0.9% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock worth $1,206,000 after purchasing an additional 372 shares in the last quarter. Continuum Advisory LLC raised its stake in VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after purchasing an additional 374 shares during the period. Finally, V Square Quantitative Management LLC lifted its holdings 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 worth $357,000 after purchasing an additional 391 shares in the last quarter. Institutional investors own 97.71% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research note on Thursday, March 27th. Wells Fargo & Company raised their price objective on VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. JMP Securities reiterated a "market outperform" rating and issued a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Wedbush cut VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, KeyCorp restated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $34.63.
Get Our Latest Stock Report on VICI Properties
VICI Properties Trading Up 2.1 %
VICI traded up $0.63 during trading on Friday, hitting $30.71. 5,383,747 shares of the stock were exchanged, compared to its average volume of 5,989,372. 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 firm has a 50 day simple moving average of $31.37 and a 200 day simple moving average of $31.18. The firm has a market cap of $32.45 billion, a price-to-earnings ratio of 11.98, a P/E/G ratio of 3.88 and a beta of 0.70. 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 released 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 firm had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. As a group, equities analysts expect that VICI Properties Inc. will post 2.31 EPS for the current year.
VICI Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 annualized dividend and a yield of 5.63%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.
VICI Properties 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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