DekaBank Deutsche Girozentrale Has $21.27 Million Stake in VICI Properties Inc. (NYSE:VICI)

DekaBank Deutsche Girozentrale boosted its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 662,378 shares of the company's stock after acquiring an additional 10,224 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.06% of VICI Properties worth $21,269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VICI. Transce3nd LLC purchased a new stake in VICI Properties during the fourth quarter worth approximately $28,000. Wayfinding Financial LLC bought a new position in VICI Properties during the 1st quarter valued at $29,000. CoreCap Advisors LLC boosted its stake in VICI Properties by 5,555.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after acquiring an additional 1,000 shares during the last quarter. Quarry LP raised its holdings in shares of VICI Properties by 404.1% during the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after purchasing an additional 897 shares during the period. Finally, AdvisorNet Financial Inc lifted its holdings in VICI Properties by 362.2% in the first quarter. AdvisorNet Financial Inc now owns 1,003 shares of the company's stock worth $33,000 after acquiring an additional 786 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on VICI shares. Morgan Stanley boosted their price target on shares of VICI Properties from $33.00 to $35.00 and gave the company an "equal weight" rating in a report on Tuesday. Stifel Nicolaus raised their target price on VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research note on Thursday, May 1st. Truist Financial raised their price objective on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Mizuho lifted their target price 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 increased their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $35.38.

VICI Properties Stock Up 2.2%

Shares of VICI stock traded up $0.72 on Thursday, hitting $33.67. The company's stock had a trading volume of 7,698,544 shares, compared to its average volume of 5,956,097. 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 stock has a market capitalization of $35.57 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 3.79 and a beta of 0.70. The firm's fifty day moving average price is $32.07 and its 200-day moving average price is $31.25. VICI Properties Inc. has a fifty-two week low of $27.58 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 earnings per share for the quarter, hitting analysts' consensus estimates of $0.58. The firm had revenue of $984.20 million during the quarter, compared to analyst estimates 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 quarter in the previous year, the business earned $0.56 EPS. Research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th will be issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date of this dividend is Wednesday, June 18th. VICI Properties's dividend payout ratio (DPR) is currently 69.20%.

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.