NBC Securities Inc. Has $365,000 Position in VICI Properties Inc. (NYSE:VICI)

NBC Securities Inc. boosted its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 112,070.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,217 shares of the company's stock after purchasing an additional 11,207 shares during the quarter. NBC Securities Inc.'s holdings in VICI Properties were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Capital Research Global Investors grew its position in VICI Properties by 1.8% during the fourth quarter. Capital Research Global Investors now owns 54,511,574 shares of the company's stock valued at $1,592,283,000 after acquiring an additional 984,421 shares during the period. Geode Capital Management LLC lifted its holdings in shares of VICI Properties by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 29,512,003 shares of the company's stock valued at $860,107,000 after acquiring an additional 1,036,344 shares in the last quarter. Capital World Investors raised its position in VICI Properties by 11.4% in the fourth quarter. Capital World Investors now owns 28,317,697 shares of the company's stock valued at $827,160,000 after purchasing an additional 2,903,744 shares during the period. Principal Financial Group Inc. raised its position in VICI Properties by 0.5% in the fourth quarter. Principal Financial Group Inc. now owns 24,202,538 shares of the company's stock valued at $706,962,000 after purchasing an additional 130,659 shares during the period. Finally, Norges Bank acquired a new position in shares of VICI Properties during the fourth quarter worth about $419,932,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Price Performance

NYSE VICI traded up $0.02 during trading on Friday, reaching $31.47. 3,903,862 shares of the company traded hands, compared to its average volume of 5,939,521. The stock's 50 day moving average price is $31.58 and its two-hundred day moving average price is $31.06. VICI Properties Inc. has a 1-year low of $27.53 and a 1-year high of $34.29. The company has a market cap of $33.25 billion, a price-to-earnings ratio of 12.29, a P/E/G ratio of 3.88 and a beta of 0.74. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

VICI Properties (NYSE:VICI - Get Free Report) last announced its 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 10.24% and a net margin of 69.59%. The business 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 business earned $0.56 EPS. VICI Properties's revenue was up 3.4% compared to the same quarter last year. As a group, analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th will be paid a $0.4325 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.50%. VICI Properties's dividend payout ratio (DPR) is currently 69.20%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on VICI shares. Mizuho raised their price objective on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. 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 research report on Thursday, May 1st. Truist Financial lifted their price target on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Wells Fargo & Company upped their price target 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. Finally, Robert W. Baird boosted their price target on VICI Properties from $35.00 to $36.00 and gave the company 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. Based on data from MarketBeat, VICI Properties currently has an average rating of "Moderate Buy" and a consensus target price of $35.18.

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.