157,085 Shares in VICI Properties Inc. (NYSE:VICI) Acquired by Twinbeech Capital LP

Twinbeech Capital LP bought a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 157,085 shares of the company's stock, valued at approximately $4,588,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VICI. Transce3nd LLC acquired a new stake in VICI Properties during the 4th quarter worth approximately $28,000. CoreCap Advisors LLC increased its position in VICI Properties by 5,555.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC increased its position in VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in VICI Properties during the 4th quarter worth approximately $33,000. Finally, Quarry LP increased its position in VICI Properties by 404.1% during the 4th quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after purchasing an additional 897 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. JMP Securities reissued a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Stifel Nicolaus increased their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research report on Thursday, May 1st. Mizuho increased their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research report on Thursday, April 3rd. Truist Financial increased their price objective on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Finally, Wells Fargo & Company increased their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $35.18.

VICI Properties Stock Performance

VICI Properties stock opened at $31.92 on Wednesday. The stock has a market cap of $33.73 billion, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. 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 50 day moving average of $31.74 and a 200-day moving average of $31.05. VICI Properties Inc. has a 52 week low of $27.53 and a 52 week high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting the consensus estimate of $0.58. The company had revenue of $984.20 million during the quarter, compared to analysts' expectations of $976.51 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The business's revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.56 EPS. On average, analysts expect 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. Investors of record on Thursday, March 20th were paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a 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%.

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.

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