Nisa Investment Advisors LLC Buys 9,487 Shares of VICI Properties Inc. (NYSE:VICI)

Nisa Investment Advisors LLC boosted its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 340,033 shares of the company's stock after purchasing an additional 9,487 shares during the period. Nisa Investment Advisors LLC's holdings in VICI Properties were worth $11,251,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Carret Asset Management LLC increased its holdings in VICI Properties by 0.5% in the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock worth $2,034,000 after purchasing an additional 354 shares in the last quarter. Moran Wealth Management LLC increased its holdings in VICI Properties by 0.9% in the 1st quarter. Moran Wealth Management LLC now owns 40,578 shares of the company's stock worth $1,324,000 after purchasing an additional 360 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in VICI Properties by 3.1% in the 4th quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company's stock worth $369,000 after purchasing an additional 378 shares in the last quarter. DAVENPORT & Co LLC raised its position in shares of VICI Properties by 3.9% during the first quarter. DAVENPORT & Co LLC now owns 10,646 shares of the company's stock worth $347,000 after acquiring an additional 403 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in shares of VICI Properties by 0.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company's stock worth $2,042,000 after acquiring an additional 408 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Trading Down 0.6%

VICI stock traded down $0.20 during mid-day trading on Friday, reaching $33.43. The company's stock had a trading volume of 6,933,471 shares, compared to its average volume of 5,922,199. The company has a market cap of $35.33 billion, a price-to-earnings ratio of 13.37, a price-to-earnings-growth ratio of 3.83 and a beta of 0.70. The business's 50 day moving average price is $32.15 and its 200 day moving average price is $31.33. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.62. VICI Properties Inc. has a 12 month low of $27.98 and a 12 month high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, hitting analysts' consensus estimates of $0.58. VICI Properties had a return on equity of 9.88% and a net margin of 67.81%. The business had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same period in the previous year, the company posted $0.56 earnings per share. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities research analysts predict that VICI Properties Inc. will post 2.31 EPS 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 paid 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 5.17%. VICI Properties's dividend payout ratio (DPR) is presently 69.20%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on VICI shares. Mizuho raised their price objective on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Morgan Stanley raised their price objective on VICI Properties from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Truist Financial raised their price objective on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday, April 23rd. Robert W. Baird raised their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Finally, Stifel Nicolaus raised their price objective on VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company 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.