Free Trial

Aigen Investment Management LP Invests $535,000 in VICI Properties Inc. (NYSE:VICI)

VICI Properties logo with Finance background

Key Points

  • Aigen Investment Management LP invested approximately $535,000 in VICI Properties Inc. by acquiring 16,403 shares in the 1st quarter.
  • Institutional investors control 97.71% of VICI Properties' stock, indicating a strong interest from larger financial entities.
  • VICI Properties has recently announced a quarterly dividend of $0.4325 per share, resulting in an annualized dividend yield of 5.3%.
  • Want stock alerts on VICI Properties? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Aigen Investment Management LP acquired a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 16,403 shares of the company's stock, valued at approximately $535,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Deutsche Bank AG raised its holdings in shares of VICI Properties by 172.4% in the 1st quarter. Deutsche Bank AG now owns 7,395,134 shares of the company's stock valued at $241,229,000 after buying an additional 4,680,136 shares during the period. Northern Trust Corp raised its holdings in shares of VICI Properties by 37.3% in the 4th quarter. Northern Trust Corp now owns 12,136,670 shares of the company's stock valued at $354,512,000 after buying an additional 3,298,314 shares during the period. Mackenzie Financial Corp raised its holdings in shares of VICI Properties by 2,437.5% in the 4th quarter. Mackenzie Financial Corp now owns 3,388,619 shares of the company's stock valued at $98,982,000 after buying an additional 3,255,078 shares during the period. Capital World Investors raised its holdings 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 buying an additional 2,903,744 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of VICI Properties in the 1st quarter valued at $89,845,000. Hedge funds and other institutional investors own 97.71% of the company's stock.

VICI Properties Stock Down 0.2%

Shares of NYSE:VICI traded down $0.08 on Friday, hitting $32.53. 8,746,828 shares of the company's stock were exchanged, compared to its average volume of 6,792,264. The firm's 50-day moving average is $32.84 and its 200 day moving average is $31.95. The company has a market capitalization of $34.69 billion, a PE ratio of 12.46, a P/E/G ratio of 3.30 and a beta of 0.68. VICI Properties Inc. has a 1-year low of $27.98 and a 1-year high of $34.29. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 1.74.

VICI Properties (NYSE:VICI - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.60. The firm had revenue of $1 billion during the quarter, compared to analysts' expectations of $991.59 million. VICI Properties had a return on equity of 10.21% and a net margin of 70.20%. The business's revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. Sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Wednesday, June 18th. VICI Properties's dividend payout ratio (DPR) is presently 66.28%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on VICI shares. Truist Financial boosted their price objective on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. JMP Securities set a $35.00 target price on VICI Properties in a research note on Tuesday, July 22nd. Citigroup reissued a "market outperform" rating on shares of VICI Properties in a research note on Tuesday, July 22nd. Morgan Stanley boosted their target price on VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. Finally, Stifel Nicolaus boosted their target price on VICI Properties from $34.75 to $35.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, VICI Properties currently has an average rating of "Moderate Buy" and a consensus price target of $35.40.

Get Our Latest Report on VICI

About VICI Properties

(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

Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

Should You Invest $1,000 in VICI Properties Right Now?

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

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines