MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $4.98 Million Holdings in VICI Properties Inc. (NYSE:VICI)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 29.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 170,611 shares of the company's stock after purchasing an additional 38,763 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in VICI Properties were worth $4,976,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Transce3nd LLC purchased a new stake in VICI Properties during the 4th quarter valued at about $28,000. CoreCap Advisors LLC boosted its stake in shares of VICI Properties by 5,555.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after purchasing an additional 1,000 shares during the period. Venturi Wealth Management LLC grew its stake in VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of VICI Properties in the 4th quarter valued at approximately $33,000. Finally, Quarry LP boosted its holdings in VICI Properties by 404.1% in the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock valued at $33,000 after purchasing an additional 897 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Stock Performance

VICI stock traded down $0.56 on Wednesday, reaching $31.37. 7,719,000 shares of the company were exchanged, compared to its average volume of 6,019,950. VICI Properties Inc. has a 12 month low of $27.53 and a 12 month high of $34.29. The firm has a market capitalization of $33.14 billion, a PE ratio of 12.25, a PEG ratio of 3.88 and a beta of 0.74. The stock's fifty day moving average price is $31.72 and its 200 day moving average price is $31.06. 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 issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, hitting the consensus estimate 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 analysts' expectations of $976.51 million. During the same period in the prior year, the firm earned $0.56 earnings per share. The company's quarterly revenue was up 3.4% compared to the same quarter last year. On average, research analysts anticipate 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 was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.52%. VICI Properties's payout ratio is 69.20%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VICI shares. Mizuho raised their price target on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. Truist Financial raised their price target on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday, April 23rd. Barclays boosted their price target on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Stifel Nicolaus boosted their target price 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. Finally, Wells Fargo & Company lifted their price objective on VICI Properties from $34.00 to $35.00 and gave the company 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 given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $35.18.

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.