Machina Capital S.A.S. Purchases New Stake in VICI Properties Inc. (NYSE:VICI)

Machina Capital S.A.S. purchased a new stake in VICI Properties Inc. (NYSE:VICI - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 46,441 shares of the company's stock, valued at approximately $1,515,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VICI. Transce3nd LLC purchased a new position in shares of VICI Properties in the fourth quarter valued at $28,000. Wayfinding Financial LLC acquired a new stake in VICI Properties in the 1st quarter valued at about $29,000. CoreCap Advisors LLC grew its stake in VICI Properties by 5,555.6% in 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 increased its holdings in VICI Properties by 404.1% during the 4th quarter. Quarry LP now owns 1,119 shares of the company's stock valued at $33,000 after acquiring an additional 897 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its position in VICI Properties by 362.2% during 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. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Stock Down 0.1%

VICI Properties stock traded down $0.04 during trading on Friday, reaching $33.37. 5,275,681 shares of the company's stock were exchanged, compared to its average volume of 5,543,732. VICI Properties Inc. has a 52-week low of $27.98 and a 52-week high of $34.29. The firm has a market cap of $35.27 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 4.29 and a beta of 0.70. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.53 and a current ratio of 2.53. The company's 50-day moving average is $32.43 and its two-hundred day moving average is $31.56.

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

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th were issued a $0.4325 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $1.73 dividend on an annualized basis and a yield of 5.18%. VICI Properties's dividend payout ratio is currently 69.20%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on VICI shares. Citigroup reissued a "market outperform" rating on shares of VICI Properties in a research report on Tuesday. Morgan Stanley boosted their target price on shares of VICI Properties from $33.00 to $35.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 8th. 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 note on Thursday, May 1st. Stifel Nicolaus lifted their price target on shares of VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a report on Thursday, May 1st. Finally, Truist Financial upped their price objective on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, April 23rd. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $35.38.

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.