Renaissance Technologies LLC raised its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 37.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,718,529 shares of the company's stock after buying an additional 468,700 shares during the period. Renaissance Technologies LLC owned 0.16% of VICI Properties worth $50,198,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in VICI. Quantinno Capital Management LP increased its holdings in shares of VICI Properties by 87.1% during the 3rd quarter. Quantinno Capital Management LP now owns 38,298 shares of the company's stock worth $1,276,000 after acquiring an additional 17,825 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of VICI Properties during the 3rd quarter worth about $299,000. Orion Portfolio Solutions LLC boosted its holdings in shares of VICI Properties by 14.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 40,204 shares of the company's stock worth $1,339,000 after buying an additional 5,008 shares during the period. MML Investors Services LLC boosted its holdings in shares of VICI Properties by 21.0% during the third quarter. MML Investors Services LLC now owns 57,929 shares of the company's stock worth $1,930,000 after acquiring an additional 10,073 shares during the period. Finally, Continuum Advisory LLC increased its stake 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 purchasing an additional 374 shares during the period. 97.71% of the stock is owned by institutional investors.
VICI Properties Stock Performance
Shares of VICI Properties stock traded up $0.20 during trading hours on Tuesday, reaching $31.79. The company had a trading volume of 1,588,455 shares, compared to its average volume of 5,980,916. The business has a fifty day simple moving average of $31.43 and a 200 day simple moving average of $31.15. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29. The firm has a market cap of $33.59 billion, a PE ratio of 12.42, a price-to-earnings-growth 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.
VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings data 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). 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. On average, analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.
VICI Properties Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were issued a $0.4325 dividend. The ex-dividend date was Thursday, March 20th. This represents a $1.73 annualized dividend and a yield of 5.44%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on VICI shares. JMP Securities reissued a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a report on Monday, January 27th. Stifel Nicolaus boosted their price target on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research note on Thursday, March 27th. Mizuho increased their target price on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research report on Thursday, April 3rd. Barclays upped their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Finally, Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, VICI Properties has a consensus rating of "Moderate Buy" and a consensus price target of $34.63.
Check Out Our Latest Analysis on VICI
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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