VICI Properties Inc. (NYSE:VICI) Holdings Raised by Xponance Inc.

Xponance Inc. raised its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 31.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 204,310 shares of the company's stock after purchasing an additional 49,372 shares during the quarter. Xponance Inc.'s holdings in VICI Properties were worth $5,968,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. State Street Corp increased its position in VICI Properties by 2.1% in the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company's stock valued at $1,873,869,000 after acquiring an additional 1,164,717 shares during the period. Geode Capital Management LLC increased its holdings in shares of VICI Properties by 2.2% during the third quarter. Geode Capital Management LLC now owns 28,475,659 shares of the company's stock valued at $945,712,000 after purchasing an additional 608,696 shares during the period. Principal Financial Group Inc. raised its stake in shares of VICI Properties by 0.5% during the fourth quarter. Principal Financial Group Inc. now owns 24,202,538 shares of the company's stock valued at $706,962,000 after purchasing an additional 130,659 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in VICI Properties by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,209,337 shares of the company's stock worth $356,635,000 after purchasing an additional 385,649 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in VICI Properties by 599.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock valued at $297,685,000 after buying an additional 7,658,819 shares in the last quarter. Institutional investors own 97.71% of the company's stock.

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Analysts Set New Price Targets

A number of brokerages have recently weighed in on VICI. Wells Fargo & Company upped their price target on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. KeyCorp reaffirmed a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Mizuho dropped their price objective 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. 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, Truist Financial dropped their price target on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. 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 a consensus rating of "Moderate Buy" and an average target price of $34.20.

VICI Properties Trading Up 1.4 %

Shares of VICI Properties stock traded up $0.45 during trading on Monday, hitting $31.98. The stock had a trading volume of 5,506,180 shares, compared to its average volume of 5,545,586. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $33.79 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 1 year low of $27.08 and a 1 year high of $34.29. The stock has a 50 day simple moving average of $30.84 and a 200 day simple moving average of $31.41.

VICI Properties (NYSE:VICI - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). The firm had revenue of $976.05 million for 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%. On average, research analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

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