Dimensional Fund Advisors LP lessened its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,954,743 shares of the company's stock after selling 21,586 shares during the quarter. Dimensional Fund Advisors LP owned 1.42% of VICI Properties worth $436,822,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. GeoWealth Management LLC lifted its stake in VICI Properties by 35.6% in the 4th quarter. GeoWealth Management LLC now owns 49,991 shares of the company's stock valued at $1,460,000 after acquiring an additional 13,135 shares in the last quarter. Commerce Bank lifted its position in shares of VICI Properties by 4.4% in the fourth quarter. Commerce Bank now owns 14,865 shares of the company's stock worth $434,000 after purchasing an additional 633 shares in the last quarter. Capital International Sarl boosted its holdings in VICI Properties by 20.0% during the fourth quarter. Capital International Sarl now owns 35,158 shares of the company's stock worth $1,027,000 after purchasing an additional 5,861 shares during the last quarter. Wasatch Advisors LP grew its position in VICI Properties by 19.1% in the fourth quarter. Wasatch Advisors LP now owns 132,820 shares of the company's stock valued at $3,880,000 after purchasing an additional 21,271 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in VICI Properties by 756.8% in the 4th quarter. NewEdge Advisors LLC now owns 12,346 shares of the company's stock valued at $361,000 after buying an additional 10,905 shares during the last quarter. Institutional investors own 97.71% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on VICI. JMP Securities restated a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Stifel Nicolaus boosted their price target on VICI Properties from $34.00 to $34.25 and gave the stock a "buy" rating in a research report on Thursday, March 27th. Wells Fargo & Company increased their price objective on VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a report on Monday, March 10th. Mizuho boosted their target price on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. Finally, Barclays increased their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $34.93.
View Our Latest Stock Analysis on VICI Properties
VICI Properties Stock Performance
VICI stock traded down $0.10 during mid-day trading on Thursday, hitting $32.63. 2,045,508 shares of the company were exchanged, compared to its average volume of 6,007,843. VICI Properties Inc. has a 1-year low of $27.53 and a 1-year high of $34.29. The business has a 50 day simple moving average of $31.76 and a 200-day simple moving average of $31.15. 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 capitalization of $34.47 billion, a PE ratio of 12.74, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70.
VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly 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 during the quarter, compared to the consensus estimate of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. On average, equities 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. Shareholders of record on Thursday, March 20th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties's dividend payout ratio is currently 67.58%.
VICI Properties Profile
(
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.
Featured Stories
Before you consider VICI Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VICI Properties wasn't on the list.
While VICI Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
