DekaBank Deutsche Girozentrale Purchases 10,224 Shares of VICI Properties Inc. (NYSE:VICI)

DekaBank Deutsche Girozentrale boosted its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 1.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 662,378 shares of the company's stock after purchasing an additional 10,224 shares during the period. DekaBank Deutsche Girozentrale owned about 0.06% of VICI Properties worth $21,269,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VICI. Carret Asset Management LLC grew its stake in shares of VICI Properties by 0.5% during the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock valued at $2,034,000 after acquiring an additional 354 shares during the period. Moran Wealth Management LLC lifted its holdings in VICI Properties by 0.9% during the first quarter. Moran Wealth Management LLC now owns 40,578 shares of the company's stock valued at $1,324,000 after purchasing an additional 360 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of VICI Properties by 3.1% in the fourth quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company's stock worth $369,000 after purchasing an additional 378 shares during the period. DAVENPORT & Co LLC boosted its position in shares of VICI Properties by 3.9% in the first quarter. DAVENPORT & Co LLC now owns 10,646 shares of the company's stock worth $347,000 after purchasing an additional 403 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of VICI Properties by 0.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company's stock worth $2,042,000 after purchasing an additional 408 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on VICI. Robert W. Baird upped their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Mizuho upped their price objective on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Morgan Stanley increased their target price on VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Truist Financial boosted their price target on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, April 23rd. Finally, 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 report on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $35.38.

VICI Properties Price Performance

Shares of VICI stock traded down $0.20 on Friday, reaching $33.43. The company's stock had a trading volume of 6,933,471 shares, compared to its average volume of 5,922,199. The stock's fifty day simple moving average is $32.15 and its 200-day simple moving average is $31.33. VICI Properties Inc. has a 1 year low of $27.98 and a 1 year high of $34.29. The company has a market capitalization of $35.33 billion, a price-to-earnings ratio of 13.37, a price-to-earnings-growth ratio of 3.83 and a beta of 0.70. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.62.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting analysts' consensus estimates of $0.58. The business had revenue of $984.20 million during the quarter, compared to analysts' expectations of $976.51 million. VICI Properties had a net margin of 67.81% and a return on equity of 9.88%. The business's revenue was up 3.4% on a year-over-year basis. During the same period last year, the company posted $0.56 EPS. Analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date was Wednesday, June 18th. VICI Properties's dividend payout ratio (DPR) is 69.20%.

VICI Properties 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.