45,269 Shares in VICI Properties Inc. (NYSE:VICI) Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 45,269 shares of the company's stock, valued at approximately $1,477,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of VICI Properties in the 4th quarter worth about $419,932,000. Northern Trust Corp raised its position in VICI Properties by 37.3% during the fourth quarter. Northern Trust Corp now owns 12,136,670 shares of the company's stock valued at $354,512,000 after purchasing an additional 3,298,314 shares during the period. Mackenzie Financial Corp raised its position in VICI Properties by 2,437.5% during the fourth quarter. Mackenzie Financial Corp now owns 3,388,619 shares of the company's stock valued at $98,982,000 after purchasing an additional 3,255,078 shares during the period. Capital World Investors lifted its stake in shares of VICI Properties by 11.4% in the 4th quarter. Capital World Investors now owns 28,317,697 shares of the company's stock valued at $827,160,000 after purchasing an additional 2,903,744 shares during the last quarter. Finally, Miller Howard Investments Inc. NY purchased a new position in shares of VICI Properties in the 1st quarter worth approximately $65,750,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Stock Down 0.1%

NYSE VICI traded down $0.04 during trading on Friday, hitting $33.37. The company's stock had a trading volume of 5,275,681 shares, compared to its average volume of 6,787,573. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.53 and a quick ratio of 2.53. The company has a market cap of $35.27 billion, a PE ratio of 13.35, a P/E/G ratio of 4.29 and a beta of 0.70. The business's 50 day simple moving average is $32.43 and its 200-day simple moving average is $31.56. VICI Properties Inc. has a fifty-two week low of $27.98 and a fifty-two 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, hitting analysts' consensus estimates of $0.58. VICI Properties had a return on equity of 9.88% and a net margin of 67.81%. The firm had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company's revenue was up 3.4% compared to the same quarter last year. On average, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 18th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date was Wednesday, June 18th. VICI Properties's dividend payout ratio (DPR) is 69.20%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on VICI shares. Mizuho increased their price target on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. JMP Securities set a $35.00 price target on VICI Properties in a report on Tuesday. Morgan Stanley increased their price target on VICI Properties from $33.00 to $35.00 and gave the company an "equal weight" rating in a report on Tuesday, July 8th. Truist Financial increased their price target on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Finally, Citigroup restated a "market outperform" rating on shares of VICI Properties in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $35.38.

About VICI Properties

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.