BNP Paribas Financial Markets Raises Holdings in VICI Properties Inc. (NYSE:VICI)

BNP Paribas Financial Markets boosted its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 28.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,143,006 shares of the company's stock after buying an additional 469,776 shares during the quarter. BNP Paribas Financial Markets owned 0.20% of VICI Properties worth $62,597,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Transce3nd LLC acquired a new stake in shares of VICI Properties in the fourth quarter valued at $28,000. Venturi Wealth Management LLC grew its holdings in shares of VICI Properties by 64.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after purchasing an additional 431 shares in the last quarter. Quarry LP boosted its position in VICI Properties by 404.1% in the 4th quarter. Quarry LP now owns 1,119 shares of the company's stock valued at $33,000 after buying an additional 897 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of VICI Properties in the fourth quarter valued at $33,000. Finally, Whipplewood Advisors LLC purchased a new stake in VICI Properties during the 4th quarter worth about $40,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Performance

NYSE VICI traded up $0.31 during trading on Friday, reaching $31.89. The company's stock had a trading volume of 4,477,494 shares, compared to its average volume of 6,010,750. The business's fifty day moving average price is $31.81 and its 200-day moving average price is $31.09. VICI Properties Inc. has a twelve month low of $27.53 and a twelve month high of $34.29. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The firm has a market cap of $33.70 billion, a price-to-earnings ratio of 12.46, a P/E/G ratio of 3.88 and a beta of 0.74.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting the consensus estimate of $0.58. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same period in the prior year, the business earned $0.56 EPS. The firm's revenue was up 3.4% compared to the same quarter last year. As a group, analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.42%. VICI Properties's payout ratio is currently 69.20%.

Analyst Ratings Changes

Several brokerages recently weighed in on VICI. Wells Fargo & Company raised their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a report on Monday, March 10th. Stifel Nicolaus raised their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a report on Thursday, May 1st. Barclays raised their price target 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 raised their target price on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Finally, Robert W. Baird upped their price target on VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, VICI Properties currently has a consensus rating of "Moderate Buy" and an average price target of $35.07.

VICI Properties Company Profile

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.