Van Lanschot Kempen Investment Management N.V. Has $23.05 Million Position in VICI Properties Inc. (NYSE:VICI)

Van Lanschot Kempen Investment Management N.V. lessened its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 788,987 shares of the company's stock after selling 34,260 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 0.07% of VICI Properties worth $23,046,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in VICI Properties in the fourth quarter worth about $419,932,000. Capital World Investors raised its position in shares of VICI Properties by 11.4% during the 4th quarter. Capital World Investors now owns 28,317,697 shares of the company's stock worth $827,160,000 after purchasing an additional 2,903,744 shares during the period. Geode Capital Management LLC lifted its holdings in shares of VICI Properties by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 29,512,003 shares of the company's stock worth $860,107,000 after purchasing an additional 1,036,344 shares during the last quarter. Capital Research Global Investors boosted its position in VICI Properties by 1.8% during the 4th quarter. Capital Research Global Investors now owns 54,511,574 shares of the company's stock valued at $1,592,283,000 after purchasing an additional 984,421 shares during the period. Finally, Robeco Institutional Asset Management B.V. grew its stake 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 worth $50,099,000 after buying an additional 960,706 shares during the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on VICI shares. Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Mizuho lifted their price target on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Stifel Nicolaus increased their price objective on VICI Properties from $34.00 to $34.25 and gave the stock a "buy" rating in a report on Thursday, March 27th. JMP Securities reaffirmed a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Finally, Barclays increased their price target on VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $34.93.

VICI Properties Price Performance

Shares of NYSE:VICI traded down $0.23 on Wednesday, reaching $32.74. 6,592,608 shares of the company traded hands, compared to its average volume of 6,023,307. The stock has a market capitalization of $34.60 billion, a PE ratio of 12.79, a P/E/G ratio of 3.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The company's 50 day moving average is $31.76 and its 200-day moving average is $31.15. VICI Properties Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.10). The company had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. As a group, analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a $0.4325 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.28%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.

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.