Vinva Investment Management Ltd grew its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 56.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 52,121 shares of the company's stock after acquiring an additional 18,751 shares during the period. Vinva Investment Management Ltd's holdings in VICI Properties were worth $1,512,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC boosted its position in VICI Properties by 10.1% during the third quarter. Natixis Advisors LLC now owns 271,903 shares of the company's stock valued at $9,057,000 after acquiring an additional 24,998 shares during the last quarter. Mutual of America Capital Management LLC raised its holdings in shares of VICI Properties by 11.6% during the third quarter. Mutual of America Capital Management LLC now owns 146,601 shares of the company's stock valued at $4,883,000 after purchasing an additional 15,201 shares during the period. Pathstone Holdings LLC grew its stake in VICI Properties by 7.9% in the third quarter. Pathstone Holdings LLC now owns 57,210 shares of the company's stock valued at $1,906,000 after acquiring an additional 4,177 shares during the period. Prospera Financial Services Inc increased its position in shares of VICI Properties by 2.6% during the third quarter. Prospera Financial Services Inc now owns 98,299 shares of the company's stock worth $3,274,000 after acquiring an additional 2,493 shares in the last quarter. Finally, Banque Cantonale Vaudoise lifted its position in VICI Properties by 169.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 28,960 shares of the company's stock valued at $965,000 after acquiring an additional 18,201 shares in the last quarter. Institutional investors own 97.71% of the company's stock.
Analysts Set New Price Targets
VICI has been the subject of a number of recent research reports. Stifel Nicolaus boosted their price objective on VICI Properties from $33.75 to $34.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Barclays raised their price objective on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Mizuho lowered their target price on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, Wedbush cut 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 assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $34.20.
View Our Latest Stock Analysis on VICI
VICI Properties Stock Performance
Shares of NYSE:VICI traded down $0.32 during mid-day trading on Tuesday, reaching $31.65. The company had a trading volume of 7,511,345 shares, compared to its average volume of 5,545,034. The company's 50-day moving average price is $30.90 and its 200-day moving average price is $31.40. 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 $33.44 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 3.88 and a beta of 0.94. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63.
VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.57 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 firm had revenue of $976.05 million for the quarter, compared to analysts' expectations of $969.29 million. As a group, equities research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.
VICI Properties Dividend Announcement
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. This represents a $1.73 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) 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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