Donald L. Hagan LLC Has $1.06 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Donald L. Hagan LLC raised its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 257.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,376 shares of the company's stock after buying an additional 23,307 shares during the period. Donald L. Hagan LLC's holdings in VICI Properties were worth $1,056,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Verity & Verity LLC raised its holdings in shares of VICI Properties by 13.4% in the 1st quarter. Verity & Verity LLC now owns 565,912 shares of the company's stock worth $18,460,000 after purchasing an additional 66,856 shares in the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of VICI Properties in the 1st quarter worth approximately $160,000. Fifth Third Bancorp raised its holdings in shares of VICI Properties by 18.3% in the 1st quarter. Fifth Third Bancorp now owns 54,363 shares of the company's stock worth $1,773,000 after purchasing an additional 8,405 shares in the last quarter. Simon Quick Advisors LLC bought a new stake in shares of VICI Properties in the 1st quarter worth approximately $375,000. Finally, CX Institutional purchased a new position in shares of VICI Properties in the first quarter worth approximately $240,000. Institutional investors and hedge funds own 97.71% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on VICI. Barclays upped their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Truist Financial raised their price objective 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. Mizuho raised their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Stifel Nicolaus raised their price objective 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. Finally, Wells Fargo & Company raised their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, VICI Properties currently has an average rating of "Moderate Buy" and a consensus price target of $35.18.

VICI Properties Stock Down 1.5%

VICI traded down $0.49 on Friday, reaching $32.10. 5,540,314 shares of the company traded hands, compared to its average volume of 5,943,918. The stock's 50 day moving average price is $31.69 and its 200-day moving average price is $31.06. VICI Properties Inc. has a 52-week low of $27.53 and a 52-week high of $34.29. The company has a market cap of $33.92 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 3.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, meeting analysts' consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The firm had revenue of $984.20 million for the quarter, compared to the consensus estimate of $976.51 million. During the same period in the previous year, the firm posted $0.56 earnings per share. The firm's revenue was up 3.4% on a year-over-year basis. On average, sell-side analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Wednesday, June 18th will be given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date of this dividend is Wednesday, June 18th. VICI Properties's payout ratio is presently 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.