Robeco Institutional Asset Management B.V. Boosts Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Robeco Institutional Asset Management B.V. lifted its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 12.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,929,505 shares of the company's stock after buying an additional 214,362 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.18% of VICI Properties worth $62,940,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of VICI. Norges Bank purchased a new position in VICI Properties in the fourth quarter worth $419,932,000. Northern Trust Corp lifted its holdings in shares of VICI Properties by 37.3% during the 4th quarter. Northern Trust Corp now owns 12,136,670 shares of the company's stock valued at $354,512,000 after purchasing an additional 3,298,314 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of VICI Properties by 2,437.5% in the 4th quarter. Mackenzie Financial Corp now owns 3,388,619 shares of the company's stock worth $98,982,000 after purchasing an additional 3,255,078 shares in the last quarter. Capital World Investors boosted its position in shares of VICI Properties by 11.4% in the 4th quarter. Capital World Investors now owns 28,317,697 shares of the company's stock worth $827,160,000 after purchasing an additional 2,903,744 shares in the last quarter. Finally, Man Group plc grew its stake in VICI Properties by 65.0% during the 4th quarter. Man Group plc now owns 4,353,981 shares of the company's stock worth $127,180,000 after buying an additional 1,715,194 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Performance

Shares of VICI stock traded up $0.32 during trading hours on Monday, hitting $32.60. The company's stock had a trading volume of 6,433,888 shares, compared to its average volume of 5,943,113. The stock has a market cap of $34.45 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 2.99 and a beta of 0.70. VICI Properties Inc. has a 12-month low of $27.53 and a 12-month high of $34.29. The company has a 50 day moving average of $31.97 and a 200 day moving average of $31.10. 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 (NYSE:VICI - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.58. The company had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. VICI Properties had a net margin of 67.81% and a return on equity of 9.88%. The firm's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.56 earnings per share. On average, sell-side analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 5.31%. VICI Properties's payout ratio is 69.20%.

Analysts Set New Price Targets

VICI has been the subject of a number of research analyst reports. Truist Financial increased their price target on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, April 23rd. Barclays boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. Mizuho upped their price target on shares of 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 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, Robert W. Baird boosted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $35.42.

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.