Achmea Investment Management B.V. increased its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 147.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,968 shares of the company's stock after purchasing an additional 16,060 shares during the period. Achmea Investment Management B.V.'s holdings in VICI Properties were worth $788,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Atria Wealth Solutions Inc. grew its stake in shares of VICI Properties by 145.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock worth $1,189,000 after purchasing an additional 24,159 shares during the last quarter. Oxbow Advisors LLC bought a new position in shares of VICI Properties in the fourth quarter valued at $3,817,000. CHURCHILL MANAGEMENT Corp boosted its position in shares of VICI Properties by 2.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock valued at $9,103,000 after purchasing an additional 8,834 shares during the period. Rockefeller Capital Management L.P. raised its holdings in VICI Properties by 8.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company's stock worth $18,268,000 after buying an additional 40,733 shares during the period. Finally, Border to Coast Pensions Partnership Ltd boosted its holdings in shares of VICI Properties by 40.0% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company's stock worth $13,282,000 after buying an additional 130,000 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on VICI shares. Stifel Nicolaus lifted their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. JMP Securities reissued a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Mizuho decreased their price objective on VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a research report on Wednesday, January 8th. Truist Financial lowered their price target on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Finally, KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, VICI Properties has an average rating of "Moderate Buy" and an average target price of $34.20.
Get Our Latest Stock Analysis on VICI
VICI Properties Stock Down 0.9 %
Shares of NYSE VICI traded down $0.30 during mid-day trading on Wednesday, reaching $32.38. 7,772,676 shares of the company traded hands, compared to its average volume of 5,503,224. The company's fifty day moving average is $30.64 and its two-hundred day moving average is $31.45. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. 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 cap of $34.20 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.
VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.10). The business had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. On average, analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.
VICI Properties Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date is Thursday, March 20th. VICI Properties's dividend payout ratio is currently 67.58%.
About VICI Properties
(
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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