Collar Capital Management LLC Takes Position in VICI Properties Inc. (NYSE:VICI)

Collar Capital Management LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,002 shares of the company's stock, valued at approximately $1,256,000.

A number of other large investors have also recently bought and sold shares of the company. World Investment Advisors LLC acquired a new position in VICI Properties in the 3rd quarter valued at approximately $441,000. Wilmington Savings Fund Society FSB acquired a new position in VICI Properties during the 3rd quarter worth about $125,000. Tidal Investments LLC grew its position in shares of VICI Properties by 11.9% in the 3rd quarter. Tidal Investments LLC now owns 52,678 shares of the company's stock valued at $1,755,000 after buying an additional 5,620 shares during the last quarter. Czech National Bank raised its position in shares of VICI Properties by 7.1% during the fourth quarter. Czech National Bank now owns 228,566 shares of the company's stock worth $6,676,000 after acquiring an additional 15,246 shares during the last quarter. Finally, Brookstone Capital Management acquired a new position in shares of VICI Properties in the fourth quarter worth approximately $359,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Truist Financial boosted their target price on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Barclays raised their target price on VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Mizuho lifted their price objective 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. JMP Securities reiterated a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Finally, Wells Fargo & Company raised their price target on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, VICI Properties has an average rating of "Moderate Buy" and a consensus price target of $35.07.

VICI Properties Stock Up 1.0 %

Shares of VICI stock traded up $0.31 during trading hours on Friday, hitting $31.89. 4,477,494 shares of the company's stock traded hands, compared to its average volume of 6,010,750. 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 stock's fifty day simple moving average is $31.81 and its two-hundred day simple moving average is $31.09. VICI Properties Inc. has a 12-month low of $27.53 and a 12-month high of $34.29. 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 (NYSE:VICI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting analysts' consensus estimates of $0.58. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The business had revenue of $984.20 million during the quarter, compared to analyst estimates of $976.51 million. During the same quarter last year, the company earned $0.56 EPS. The company's quarterly revenue was up 3.4% compared to the same quarter last year. On average, analysts expect that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

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

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.