UniSuper Management Pty Ltd Increases Stock Position in VICI Properties Inc. (NYSE:VICI)

UniSuper Management Pty Ltd boosted its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 392,160 shares of the company's stock after acquiring an additional 21,809 shares during the period. UniSuper Management Pty Ltd's holdings in VICI Properties were worth $11,455,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its holdings in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after purchasing an additional 431 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in VICI Properties in the fourth quarter valued at approximately $33,000. Whipplewood Advisors LLC acquired a new stake in shares of VICI Properties in the fourth quarter valued at approximately $40,000. Continuum Advisory LLC grew 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 acquiring an additional 374 shares during the last quarter. Finally, Brown Brothers Harriman & Co. increased its holdings in shares of VICI Properties by 512.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock valued at $65,000 after acquiring an additional 1,630 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Price Performance

VICI Properties stock traded up $0.11 during midday trading on Friday, reaching $31.99. The company's stock had a trading volume of 4,731,126 shares, compared to its average volume of 5,825,965. The firm has a market capitalization of $33.80 billion, a PE ratio of 12.49, a P/E/G ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The stock's 50 day simple moving average is $31.13 and its 200 day simple moving average is $31.36. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

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VICI Properties (NYSE:VICI - Get Free Report) last announced 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 net margin of 69.59% and a return on equity of 10.24%. The company had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. On average, equities research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. The ex-dividend date is Thursday, March 20th. This represents a $1.73 annualized dividend and a yield of 5.41%. VICI Properties's dividend payout ratio is presently 67.58%.

Analysts Set New Price Targets

Several research analysts have issued reports on VICI shares. Wells Fargo & Company raised their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. JMP Securities reaffirmed a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. 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 note on Wednesday, January 8th. Finally, Wedbush cut VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $34.23.

About VICI Properties

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.