Private Advisor Group LLC grew its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 39.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,302 shares of the company's stock after acquiring an additional 7,993 shares during the period. Private Advisor Group LLC's holdings in VICI Properties were worth $827,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in 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 worth $297,685,000 after acquiring an additional 7,658,819 shares during the period. Los Angeles Capital Management LLC boosted its stake in shares of VICI Properties by 367.8% in the third quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock valued at $73,927,000 after purchasing an additional 1,744,939 shares during the period. State Street Corp boosted its stake in shares of VICI Properties by 2.1% in the third 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 period. Robeco Institutional Asset Management B.V. grew its holdings in VICI Properties by 127.3% during 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in VICI Properties by 7.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock worth $393,847,000 after buying an additional 770,195 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Stock Performance
VICI traded up $0.18 during trading hours on Monday, hitting $32.67. 6,388,556 shares of the stock were exchanged, compared to its average volume of 6,574,357. 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 Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The stock has a 50-day simple moving average of $29.89 and a 200-day simple moving average of $31.47. The stock has a market cap of $34.51 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 3.88 and a beta of 0.95.
VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings results 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 return on equity of 10.24% and a net margin of 69.59%. The business had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. Analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current year.
VICI Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were paid a $0.4325 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.30%. VICI Properties's payout ratio is currently 67.58%.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Stifel Nicolaus increased their price target on VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a report on Friday, February 21st. JMP Securities restated a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Wedbush lowered VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Finally, Truist Financial decreased their price target on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $34.20.
Check Out Our Latest Analysis on VICI Properties
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.
See Also
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
