Proficio Capital Partners LLC purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 47,545 shares of the company's stock, valued at approximately $1,389,000.
Several other large investors have also recently added to or reduced their stakes in VICI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of VICI Properties by 599.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock valued at $297,685,000 after purchasing an additional 7,658,819 shares during the last quarter. Los Angeles Capital Management LLC raised its position in shares of VICI Properties by 367.8% during the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock valued at $73,927,000 after acquiring an additional 1,744,939 shares during the last quarter. State Street Corp boosted its position in shares of VICI Properties by 2.1% in the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company's stock worth $1,873,869,000 after purchasing an additional 1,164,717 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in VICI Properties by 127.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company's stock worth $50,099,000 after purchasing an additional 960,706 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 valued at $393,847,000 after purchasing an additional 770,195 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Stock Performance
NYSE:VICI traded up $0.95 during mid-day trading on Monday, hitting $33.60. 255,216 shares of the stock were exchanged, compared to its average volume of 5,438,139. 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's 50-day simple moving average is $30.22 and its 200 day simple moving average is $31.48. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The stock has a market capitalization of $35.49 billion, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.
VICI Properties (NYSE:VICI - Get Free Report) last announced its 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 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 the consensus estimate of $969.29 million. As a group, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.
VICI Properties Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be given a $0.4325 dividend. 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 5.15%. VICI Properties's payout ratio is 67.58%.
Analyst Ratings Changes
Several brokerages have recently issued reports on VICI. Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. JMP Securities reissued a "market outperform" rating and issued a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Stifel Nicolaus lifted their price target on shares of VICI Properties from $33.75 to $34.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Barclays increased their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Finally, Mizuho lowered their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $34.30.
Read Our Latest Stock Analysis on VICI Properties
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.
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