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

DekaBank Deutsche Girozentrale lifted its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 1.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. M&T Bank Corp increased its holdings in shares of VICI Properties by 0.3% during the first quarter. M&T Bank Corp now owns 823,725 shares of the company's stock valued at $26,870,000 after acquiring an additional 2,422 shares in the last quarter. Blackhawk Capital Partners LLC. grew its stake in shares of VICI Properties by 102.3% during the 1st quarter. Blackhawk Capital Partners LLC. now owns 19,707 shares of the company's stock worth $643,000 after purchasing an additional 9,967 shares during the period. Hourglass Capital LLC grew its stake in VICI Properties by 1.6% in the 1st quarter. Hourglass Capital LLC now owns 177,945 shares of the company's stock valued at $5,805,000 after acquiring an additional 2,794 shares during the period. Beverly Hills Private Wealth LLC grew its stake in VICI Properties by 9.7% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 11,460 shares of the company's stock valued at $374,000 after acquiring an additional 1,018 shares during the period. Finally, Crossmark Global Holdings Inc. grew its stake in VICI Properties by 6.7% in the 1st quarter. Crossmark Global Holdings Inc. now owns 18,296 shares of the company's stock valued at $597,000 after acquiring an additional 1,148 shares during the period. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Trading Down 0.2%

NYSE VICI opened at $32.95 on Thursday. The company's fifty day simple moving average is $32.07 and its 200-day simple moving average is $31.25. VICI Properties Inc. has a 52 week low of $27.58 and a 52 week high of $34.29. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.62. The stock has a market cap of $34.82 billion, a P/E ratio of 13.18, a PEG ratio of 3.79 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.58. The business 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.56 earnings per share. Equities research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors 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 dividend on an annualized basis and a dividend yield of 5.25%. VICI Properties's dividend payout ratio (DPR) is presently 69.20%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VICI. Stifel Nicolaus lifted their target price on shares of VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Truist Financial lifted their target price on shares of VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Morgan Stanley lifted their target price on shares of VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research note on Tuesday. Robert W. Baird boosted their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Finally, Mizuho upped their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target 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.

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