Caxton Associates LP Has $1.33 Million Stake in VICI Properties Inc. (NYSE:VICI)

Caxton Associates LP grew its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 527.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,553 shares of the company's stock after purchasing an additional 38,289 shares during the period. Caxton Associates LP's holdings in VICI Properties were worth $1,331,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Balyasny Asset Management L.P. raised its stake in VICI Properties by 91.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 840,317 shares of the company's stock valued at $24,546,000 after purchasing an additional 401,584 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of VICI Properties by 8.6% in the 4th quarter. Baird Financial Group Inc. now owns 1,554,458 shares of the company's stock valued at $45,406,000 after buying an additional 122,557 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of VICI Properties by 3.1% during the 4th quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company's stock worth $369,000 after acquiring an additional 378 shares during the period. BNP Paribas Financial Markets boosted its position in shares of VICI Properties by 28.1% during the 4th quarter. BNP Paribas Financial Markets now owns 2,143,006 shares of the company's stock worth $62,597,000 after acquiring an additional 469,776 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in VICI Properties by 2.0% in the fourth quarter. Ameriprise Financial Inc. now owns 2,792,101 shares of the company's stock valued at $75,773,000 after acquiring an additional 55,835 shares during the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Trading Up 0.6 %

Shares of VICI stock opened at $31.89 on Tuesday. The stock has a 50-day moving average of $31.88 and a 200-day moving average of $31.10. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a market cap of $33.70 billion, a price-to-earnings ratio of 12.46, a PEG ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a 1-year low of $27.53 and a 1-year high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The firm had revenue of $984.20 million for the quarter, compared to the consensus estimate of $976.51 million. During the same quarter in the previous year, the company earned $0.56 EPS. The company's revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) is presently 69.20%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VICI shares. Stifel Nicolaus raised their target price on VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a report on Thursday, May 1st. Barclays lifted their target price on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Mizuho raised their price target on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. Wells Fargo & Company upped their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. Finally, Wedbush lowered 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 nine have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $35.07.

VICI Properties 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.

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