Asset Management One Co. Ltd. Has $68.40 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Asset Management One Co. Ltd. grew its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,096,889 shares of the company's stock after purchasing an additional 36,641 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.20% of VICI Properties worth $68,401,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VICI. Allworth Financial LP raised its position in shares of VICI Properties by 19.5% in the fourth quarter. Allworth Financial LP now owns 4,614 shares of the company's stock valued at $136,000 after purchasing an additional 754 shares during the period. D.A. Davidson & CO. raised its position in shares of VICI Properties by 3.2% in the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock valued at $321,000 after purchasing an additional 340 shares during the period. Venturi Wealth Management LLC raised its stake in VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after purchasing an additional 431 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in VICI Properties by 145.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock valued at $1,189,000 after purchasing an additional 24,159 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in VICI Properties by 39.4% in the 4th quarter. Private Advisor Group LLC now owns 28,302 shares of the company's stock worth $827,000 after purchasing an additional 7,993 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

VICI traded up $0.03 during trading on Tuesday, reaching $32.84. 3,629,630 shares of the company's stock were exchanged, compared to its average volume of 5,941,739. VICI Properties Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.29. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.62. The business has a 50 day moving average price of $31.97 and a 200 day moving average price of $31.07. The company has a market capitalization of $34.70 billion, a P/E ratio of 13.13, a PEG ratio of 3.04 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting the consensus estimate of $0.58. VICI Properties had a net margin of 67.81% and a return on equity of 9.88%. The company had revenue of $984.20 million for the quarter, compared to the consensus estimate of $976.51 million. During the same quarter in the previous year, the company earned $0.56 EPS. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th will be paid a $0.4325 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.27%. VICI Properties's dividend payout ratio is presently 69.20%.

Wall Street Analyst Weigh In

Several research firms have issued reports on VICI. Truist Financial raised their price target on shares of VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday, April 23rd. 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 research report on Monday, March 10th. Stifel Nicolaus raised their price target on shares of VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Mizuho raised their price target on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Finally, Robert W. Baird raised their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $35.42.

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.