Toronto Dominion Bank Buys 39,143 Shares of VICI Properties Inc. (NYSE:VICI)

Toronto Dominion Bank grew its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 562,820 shares of the company's stock after buying an additional 39,143 shares during the period. Toronto Dominion Bank owned approximately 0.05% of VICI Properties worth $16,440,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Transce3nd LLC acquired a new stake in VICI Properties during the fourth quarter worth approximately $28,000. CoreCap Advisors LLC raised its holdings 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 in the last quarter. Venturi Wealth Management LLC lifted its position in shares of VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after acquiring an additional 431 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of VICI Properties during the 4th quarter worth $33,000. Finally, Quarry LP increased its position in shares of VICI Properties by 404.1% in the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after purchasing an additional 897 shares during the period. Institutional investors own 97.71% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on VICI. Mizuho boosted their price target on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. Barclays boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Stifel Nicolaus increased 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. Wells Fargo & Company lifted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. 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 research report on Thursday, May 1st. Three 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 stock has a consensus rating of "Moderate Buy" and a consensus target price of $35.18.

VICI Properties Price Performance

NYSE:VICI traded up $0.12 on Thursday, hitting $31.65. The company had a trading volume of 4,336,045 shares, compared to its average volume of 5,980,971. VICI Properties Inc. has a 52 week low of $27.53 and a 52 week high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $33.45 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 3.88 and a beta of 0.74. The firm has a 50 day moving average of $31.64 and a two-hundred day moving average of $31.06.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) 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 company had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same period in the prior year, the business earned $0.56 earnings per share. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. On average, research analysts anticipate 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, April 3rd. Stockholders of record on Thursday, March 20th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.47%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio is currently 69.20%.

VICI Properties Company 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.